Feeds

Apple channels iPods for record Q1 run

Pod-au-Plenty

Protecting users from Firesheep and other Sidejacking attacks with SSL

Holiday shoppers did their part for Apple during the first quarter, carrying the company to record revenue.

Apple sold $7.1bn worth of goods in the first quarter compared to $5.7bn in the same period last year. Its profit came in at $1.0bn – well ahead of last year's $565m profit. As expected, strong iPod sales drove the gains.

"We are pleased to report stellar financial results and another record quarter for Apple," said the company's CFO Peter Oppenheimer.

Apple shipped a whopping 21 million iPod units during the quarter, marking a 50 per cent rise in sales. It also notched 1.6m Mac shipments – a 28 per cent increase.

Investors seemed unmoved by Apple's iPod-based run. They sent shares higher 3.3 per cent in the after-hours markets on word of the first quarter earnings and then later pushed shares back down 1 per cent - at the time of this report.

Even with all the good news, one namby-pamby financial analyst couldn't help himself from questioning Apple on its stock options probe, darkening the mood of the post earnings conference call with management. Executives continued to maintain that all is fine with this whole options business, while some say CEO Steve should be on his way out.

But don't let the naysayers distract you. Apple really is as perfect as it looks.

The company kicked up notebook sales 79 per cent during the first quarter to $1.46bn and boosted desktop sales by 5 per cent to $955m. Those ads with the likable PC chap and the Mac tool appear to be working.

And all hail the iPod, which contributed to $3.4bn in device sales and another $634m in music products and services, $297m in peripherals and $347m in software and services.

Apple plans on a decent second quarter as well with revenue forecast to come in between $4.8bn and $4.9bn. One of the big boosters to this forecast is a "favorable" component market.

The fourth quarter "was a great time to be a buyer," according to Apple's CFO, who expects the "same" conditions to hold in calendar 2007. LCD prices and flash memory prices are to Apple's liking, and DRAM pricing looks tolerable.®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Hey, Scots. Microsoft's Bing thinks you'll vote NO to independence
World's top Google-finding website calls it for the UK
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.