iLounge

By Charles Starrett

Senior Editor, iLounge
Published: Monday, October 19, 2009
News Category: Apple

Reporting its fourth-quarter financial results today, Apple said it sold 10.2 million iPods during the quarter—an eight percent decline from the year-ago quarter, and equal to Q3 2009. It also sold 7.4 million iPhones, a seven percent increase from the 6.89 million sold in the year-ago quarter and a 40% increase from the 5.2 million units it sold in Q3. The company posted revenue of $9.87 billion and net quarterly profit of $1.67 billion, or $1.82 per diluted share, compared with revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share in Q4 2008.

Sales of “Other Music Related Products + Services” were up 22% over the year-ago quarter and 6% from the third quarter of 2009, to $1.018 billion total. That category includes iTunes Store sales, iPod services, and revenues from Apple and third-party iPod accessories. Revenue from iPhone and Related Products & Services, which includes iPhone handset sales, carrier agreements, and Apple-branded and third-party iPhone accessories, was $2.3 billion, up 36% from Q3 2009 and 185% over the year-ago quarter.

“We are thrilled to have sold more Macs and iPhones than in any previous quarter,” said Steve Jobs, Apple’s CEO. “We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.”

“We are delighted with our September quarter and fiscal 2009 results,” said Peter Oppenheimer, Apple’s CFO. “For the full year, we grew revenue by 12 percent and net income by 18 percent in extraordinarily challenging times. Looking ahead to the first fiscal quarter of 2010, we expect revenue in the range of about $11.3 billion to $11.6 billion and we expect diluted earnings per share in the range of about $1.70 to $1.78.”