Apple Revenue Is Skyrocking This Year

Apple anounced their first 2008 quarter revenue results today, I knew they are going to make a lot of revenue but that much? No!. Selling MacBook Pro, Mac Air and then on top of that iPhone , no wonder they made 1.07 Billion dollars in revenue from April to June!.

CUPERTINO, California—January 22, 2008—Apple® today announced financial results for its fiscal 2008 first quarter ended December 29, 2007. The Company posted revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share. These results compare to revenue of $7.1 billion and net quarterly profit of $1 billion, or $1.14 per diluted share, in the year-ago quarter. Gross margin was 34.7 percent, up from 31.2 percent in the year-ago quarter. International sales accounted for 45 percent of the quarter’s revenue.

Via Apple

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