Apple Released First-Quarter Financial Report
Apple today released the first quarter of fiscal year 2010 financial results. The report shows that due to sales of Mac computers and iPhone are a record, Apple in the first quarter gross margin is much higher than expected net profit and revenue for the year to promote its big Increase growth.
Ended December 26, 2009 in this quarter, Apple’s net profit was 33.8 billion U.S. dollars, 3.67 U.S. dollars per diluted share, this performance better than last year over the same period. The first quarter of fiscal 2009, Apple’s net profit of 2.26 billion U.S. dollars, 2.50 U.S. dollars per diluted share. Apple’s first-quarter operating profit of 4.725 billion U.S. dollars. Apple’s first-quarter revenues of 15.68 billion U.S. dollars, higher than last year’s 11.88 billion U.S. dollars, of which the proportion of international sales To 58%. Apple’s first quarter gross margin was 40.9%, up from 37.9% a year earlier, exceeding Wall Street analyst consensus expectations of 35.8%.
The first quarter Apple sold 3.36 million units Mac, compared with same period last year, up 33%, above the average analyst expectations of about 300 million units; sold 21 million iPod, down 8% compared with same period last year; sold a total of 870 10000 iPhone, 100% over last year, slightly lower than analyst expectations of 900 million units.
Apple CEO SteveJobs said: “If our quarterly revenue converted by year, then will be surprised to find that Apple is now an annual revenue of more than 50 billion U.S. dollars of the company. This year, we plan to release the New products is very strong, this week will be the first to release a major new product, we are very excited about this new product. ”
Apple Chief Financial Officer PeterOppenheimer, said: “We are in the first quarter, generated 58 million in cash, am very happy. We expect the second quarter of fiscal year 2010 revenues of approximately 11,000,000,000-11,400,000,000 dollars, diluted earnings per share of about 2.06 to 2.18 U.S. dollars. “Wall Street analysts had expected, Apple’s fourth-quarter revenue of 9.1 billion, diluted earnings per share 1.30 U.S. dollars.
The same day, Apple shares on the Nasdaq rose 5.32 U.S. dollars in regular trading, to close at 203.07 U.S. dollars, or 2.69%. In the ensuing at 16:30 U.S. Eastern Time and ending after-hours trading, Apple shares rise again 1.28 U.S. dollars, or 0.63%. Over the past 52 weeks, Apple’s stock price to 215.59 U.S. dollars a maximum, the minimum share price of 82.33 U.S. dollars.
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