Thursday, January 24, 2008

Apple Q1 2008 Results - Record profits!

As this website title states, it truly is a Mac Revolution. Yesterday Apple posted their fiscal Q1 2008 results and their profits were up. Apple profited $1.58 billion compared to $1 billion the same quarter 1 year ago.

Highlights of the article:
  • 2,319,000 Mac’s shipped (44% growth over same quarter 1 year ago)
  • 22,121,000 iPods sold (5% growth over same quarter 1 year ago)
  • 2,315,000 iPhone sold
“We’re thrilled to report our best quarter ever, with the highest revenue and earnings in Apple’s history,” said Steve Jobs, Apple’s CEO. “We have an incredibly strong new product pipeline for 2008, starting with MacBook Air, Mac Pro and iTunes Movie Rentals in the first two weeks.”

Its too bad the current market conditions have been so bad else they would continue to have a record Q2 as well…

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