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Apple Third Quarter Earnings Call |
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Author: 123jump.com Staff
123jump.com
Last Update: 10:11 AM EDT July 26 2007
Revenue rose 24% from a year ago to $5.41 billion, while gross margins climbed to 36.9% from 30.3% a year earlier. Apple sold 1.76 million Mac computers during the latest quarter, up 33% from last year’s levels. IPod sales increased by 21% to 9.8 million units. A total of 270000 iPhones were sold within two days. Fourth quarter projections were conservative with revenue at $5.7 billion and EPS at 65 cents. |
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