Apple sells 733 thousand iPods, up 235%, profits are up | iLounge News

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Apple sells 733 thousand iPods, up 235%, profits are up

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By Dennis Lloyd

Publisher, iLounge
Published: Wednesday, January 14, 2004
News Categories: Apple

“Apple today announced financial results for its fiscal 2004 first quarter ended December 27, 2003. For the quarter, the Company posted a net profit of $63 million, or $.17 per diluted share. These results compare to a net loss of $8 million, or $.02 per diluted share, in the year-ago quarter. Revenue for the quarter reached a four-year high of $2.006 billion, up 36 percent from the year-ago quarter. Gross margin was 26.7 percent, down from 27.6 percent in the year-ago quarter. International sales accounted for 44 percent of the quarter’s revenue. The quarter’s results include an after-tax investment gain of $3 million which increased earnings per diluted share by $.01. Apple shipped 829 thousand Macintosh units during the quarter, up 12 percent from the year-ago quarter, as well as 733 thousand iPod units, up 235 percent from the year-ago quarter.”

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Comments

1

GO APPLE!

Posted by george dubya bush on January 14, 2004 at 7:12 PM (PDT)

2

That first comment is funny - because it’s true. Dubya actually does use a PowerBook.

Posted by Atomic Bomb in Mid-Atlantic on January 14, 2004 at 7:28 PM (PDT)

3

Ah yes… it’s a good day to be an Apple stock holder

Posted by ikelleigh on January 15, 2004 at 7:17 AM (PDT)

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