iLounge

By LC Angell

Senior Editor, iLounge
Published: Wednesday, April 13, 2005
News Category: Apple

Reporting its fiscal 2005 second quarter financial results on Wednesday, Apple announced that it shipped more than 5.3 million iPods during the quarter — about 700,000 more than it shipped in the brisk holiday quarter and about 4.5 million more than it did in the year-ago quarter. The total number of iPods sold now stands at over 15 million.

Apple’s net profit for the quarter was $290 million, or 34 cents per share, on $3.24 billion in revenue. These results compare to a profit of $46 million, or 6 cents a share, last year.

“We are delighted to report a record second quarter for Apple in both revenue and earnings,” said Apple CEO Steve Jobs. “Apple is firing on all cylinders and we have some incredible new products in the pipeline for the coming year, starting with Mac OS X Tiger later this month.”

Apple said its music products accounted for 38 percent of its total revenue for the quarter. All iPod models brought in more than $1.014 billion in revenue for Apple during the quarter, an increase of 284 percent in revenue. Apple’s “Other Music Products” category, which includes the iTunes Music Store, iPod related services and accessories, accounted for $216 million of the quarter’s revenue, a 260 percent increase year-over-year.