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Apple First Quarter Earnings Call |
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Author: Rozalina Destanova
123jump.com
Last Update: 3:34 PM EST January 26 2008
Apple’s revenue increased to $9.6 billion, beating expectations of $9.47 billion. The company sold 22.1 million iPods and 2.3 million Macintosh PCs. The company is pleased with the successful launch of Leopard on October 26th and the response from both customers and reviewers has been good. Total revenue recognized from sales of iPhone, iPhone accessories, and payments from carriers was $241 million. For Q2, the company estimates it will earn 94 cents a share on $6.8 billion in revenue. |
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