Apple profits up 15 per cent (again)
5.2 million iPhones sold
The global economic Meltdown may be tightening belts worldwide, but they're not feeling the squeeze in Cupertino.
Apple announced Tuesday that its third fiscal 2009 quarter, which ended on June 30th, saw the company's year-on-year quarterly revenue rise to $8.34bn and its net quarterly profit to $1.23bn. That's up from $7.46bn and $1.07bn in the same quarter last year, an increase in profits of a hair under 15 per cent.
Apple's previous quarter wasn't too shabby either. It saw an increase in profits of 15.2 per cent, year-on-year, with revenue of $8.16bn and net income of $1.05bn.
The numbers don't lie: Apple is on a roll.
Perhaps Apple's numbers reflect what Intel's CEO Paul Otellini suggested during his company's earnings report last week: that the industry is beginning to benefit from "improving conditions in the PC market segment."
That certainly seems true for such tech-industry big boys as Otellini's Intel and Google, which reported that their recent quarters had seen a $1bn pre-EU-fine profit and a $1.48bn profit, respectively.
Apple quarterly numbers were juiced by a 2.6 million Macs sold during the quarter, a four per cent increase over those of the same quarter last year.
Sales of the iPhone increased as well, with 5.2 million sold during the quarter. That's a 626 percent unit growth over the year-ago quarter, even though the iPhone 3GS didn't hit the market until June 19th, less than two weeks before the quarter's end.
It's introduction, it appears, has been a success - so much so that Apple says over a million were sold in its first weekend of its availability.
Peter Oppenhimer, Apple's CFO, projects that the good times will continue to roll. "We’re extremely pleased to report record non-holiday quarter revenue and earnings and quarterly cash flow from operations of $2.3 billion," he said in a canned statement. "Looking ahead to the fourth fiscal quarter of 2009, we expect revenue in the range of about $8.7 billion to $8.9 billion." ®
@Dana W and @Kevin B and @ Anon-Thu 30th
Please post something other than bashing and false information. While there are many Wintel users who do bash Macs, "reverse pc racism" and false information on your part doesn't help matters or contribute to actually enlightening society -- try taking the high-road some time.
All of this "PC's crash -- PC's don't work -- Mac's are superior" garbage gets real old real fast.
One platform is no better than the other when all things are considered using common sense (which isn't so common any more) -- there are some differences but all are tools for a purpose.
I have been doing Corporate IT since 1995 for three corporations with 99% Wintel-based networks, servers and workstations, with over 99.99% 24:7:365 up-time (approx. 3 hours downtime in 15 years across all 3 corps. and that was a server ps failure) -- because the suits trust me to have complete control over how the networks are managed -- and I know what I'm doing (15 years of hardware design, embedded systems, etc. before doing IT).
For my own computer use I assemble and maintain all of my PCs which include Windows and Linux boxes -- and guess what? No AV, no BSODs, virtually no hardware issues in decades. Some crap third-party software and a few failing hardware components but those plague all platforms.
Maybe you need to start associating with someone who actually knows how to set up and maintain a Wintel box properly and you won't have all of these issues. Or take the time to learn it yourself.
Yes, a person is required to know at least a bit about how to properly install and configure and operate a Wintel system, just like you need a Mac-head or a Linux-guru to successfully use those platforms. And don't give me the typical "Macs are so easy you don't need to know anything about computers" drivel -- we all know that is bunking sod.
All three platforms are good, all three are capable of getting the job done, all three are just as solid and secure as the other.
I love the fact that people still refer to Apple users as not “thinking different”. Don’t know where you’ve been but that’s an Apple marketing campaign from 10 years ago. You do know we’re in the 21st century, right?
I am an Apple user (like to call myself an Apple Whore) but forced to use Windows at work. Big spreadsheet of data today, tried deleting some columns, Excel just stopped working. And it took Access with it (yes, I know Access is shite but I’m migrating data over to MySQL). The mouse sticks when AV definitions are being updated, making the PC unusable for about five minutes. ZIPed a folder of stuff today and then tried to delete the original folder whereupon I was met with an “access denied” error. No other applications were using this folder.
It is for precisely reasons like that I despise Windows; there is absolutely no consistency in the way it works (or doesn’t work). But I’m not blind to the fact that OS X can act a bit stupid sometimes. Had to restart the other day when a disk image wouldn’t mount.
I’m a web/print designer and developer and both machines are capable of running CS4 but I always get much more done with my Mac Pro at home than with the shitty Windows box I’m forced to use at work. I just want to get stuff done without worrying whether my OS is going to throw a hissy fit. It is precisely this for reason that I enjoy using Apple gear. The Windows ‘fanbois’ seem obsessed that Mac users are obsessed with looks but I wonder how many of you drool over some new phone, TV, camera or bit of hi-fi equipment?
Great news on the Apple figures though. Wish I’d bought stock in the 90s…
Macs ARE the cheapest option
My other half uses a Macbook Pro for work every day - hammers it with Photoshop, Indesign, Flash, Illustrator, Emails, website coding, etc etc etc.
We've never had to pay for Anti-virus, Firewalls, Anti-spyware. So there's some cost savings.
But the biggest cost saving is that it works fast; all day every day and has done for about three years. She never closes programs - just shuts the lid - then opens it again and is working with the same apps immediately. Only ever reboots if I nag her about applying updates.
Now, how much time has that saved over the last few years compared to a Windows PC.
(BTW - Same applies to Ubuntu - someone from the Samba team estimated that Ubuntu saves him ten hours a week compared to a Windows PC - and using Ubuntu myself I would say that's at least how much I save).
for years they were chucking out good innovative products that you couldn't give away, now they just follow the EA "tiny incremental improvements" model and we bloody lap it up >.<
Excellent comment, Sir.
Succinct and entirely appropriate.