Electronics

Apple Reports Second Quarter Results

Calls it best non-holiday earnings in company history

Published

15 years ago

April 23, 2009

VMSD Staff

Apple Inc. (Cupertino, Calif.) reported net profit rose 15 percent to $1.2 billion during fiscal 2009 second quarter, ended March 28, 2009, compared to $1 billion a year ago. Quarterly revenue rose to $8.16 billion. International sales accounted for 46 percent of the quarter’s revenue.

“We are extremely pleased to report the best non-holiday quarter revenue and earnings in our history,” says Apple’s chief financial officer Peter Oppenheimer. “Apple’s financial condition remains very robust, with almost $29 billion in cash and marketable securities on our balance sheet.”

The computer and electronics retailer expects third fiscal quarter revenue to range between $7.7 and $7.9 billion.

During the second quarter, Apple sold 2.22 million Macintosh computers, representing a 3 percent unit decline from the year-ago quarter, and 11.01 million iPods, a 3 percent unit growth over the year-ago quarter. Quarterly iPhone units sold were 3.79 million. Apple expects to mark its 1 billion app download this week.

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