Apple Quarterly Earnings: 6.9 Million iPhones Sold, “More Phones Than RIM”

Though Apple ’s live broadcast of its fourth quarter remuneration does n’t start for another few transactions , they ’ve already dump the numbers on us . Here are the crucial ones : 6.9 million iPhones , 2.6 million Macs , and 11 million iPod . Wryly take note that “ we sell more earphone than RIM , ” Steve Jobs says they ’re still not sure how the recession is going to involve them , but whatever , bitches , they ’ve scram “ $ 25 billion of cash safely in the bank with zero debt . ” We ’ll be follow the call live in the mail below , in subject any other news breaks — likethe death of the Mac mini . Update : Steve is on the call , says that iPhone is now 39 pct of their line of work , Apple is now earth ’s “ third largest roving phone supplier . ”

https://gizmodo.com/apple-stops-mac-mini-shipments-to-retailers-says-to-ex-5066531

Here ’s some context of use for the numbers : That ’s more iPhones than every previous quarter combine ( 6.1 million ) , the most Macs ever in a quartern ( 21 percent growth ) , and the most iPods ever in a non - holiday fourth part . patently the iPhone would ’ve been 39 percentage of Apple ’s revenue in this after part if they had n’t spread how it ’s accounted out over a stretch period of clock time . That ’s jolly unbelievable . And they ’ve already extend the 10 million sell mark for 2008 . Wo n’t talk about how many new iPhone users with iPhone 3 1000 vs. hoi polloi trade in in old one . Boooooooo .

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Apparently they recollect the Mac sales would have even been better if the thriftiness did n’t suck and you SOB had n’t wait for the young notebook computer , though they ’re not sure how the cock-a-hoop impact of those thing were . iPod marketshare is still over 70 per centum in the US as of September , though most growth is abroad .

Steve babble out

Steve is speak about subscription account statement rules for iPhones over their two - year lifetime and changing them because it ’s such a immense part of their business . “ Apple beat RIM ! ” brim sold 6.1 . Apple sell 6.9 million . They ’re “ a proficient company that makes good products ” and it ’s amazing after 15 calendar month in the market , Apple has beat them . “ We ’re just glad to puzzle them numbers pool to telephone number . ” 200 millionth app will be downloaded tomorrow .

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Steve seems upbeat about shitty economic system : “ I would n’t trade our client for any other companionship ’s customers in the entire existence . ” They ’ll detain in rotten times , they wo n’t alternate . Also feel good about their marketshare , and product batting order .

Steve on netbooks : “ Not a lot of them getting sell . Our entrance into that class ” is the iPhone . But “ we ’ll wait and see ” how the category evolves and “ we ’ve got some somewhat interesting ideas if it does acquire . ” Also , “ this special downturn is not create a market of cheaper computers , that market place has existed for sometime . There are constituent of that market we prefer not to play in … We take to be in certain segments of the grocery store . ” “ Our DNA ” wo n’t let them ship a $ 500 computer that ’s “ a piece of junk . ”

They ’re trying to bring more note value to customers in section they already wager in , like ca-ca MacBook more Pro . He does n’t think the downswing will force Apple customers to apply garish merchandise .

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Poor Apple TV , it will “ continue to be a hobby ” into 2009 .

Steve on multiple kinds of iPhones : “ From everything I ’ve heard , Babe Ruth only had one place run , he just keep hitting it over and over again . ” It ’s all about package now . “ We ’re extremely well-heeled ” doing what they ’re doing , and “ approaching it as a software program platform . ” And that ’s it .

It ’s clear Steve hail on to ease investor veneration about Apple’s — and his own — health in the crappy economy . Based on after hour trading so far , it seems to be working .

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Apple Reports Fourth Quarter Results

6.9 Million iPhones trade

Mac sales event Reach All - Time High

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CUPERTINO , California — October 21 , 2008 — Malus pumila ® today announced financial resultant for its fiscal 2008 fourth quarter terminate September 27 , 2008 . The Company station gross of $ 7.9 billion and net quarterly profit of $ 1.14 billion , or $ 1.26 per diluted portion . These termination compare to revenue of $ 6.22 billion and nett quarterly profit of $ 904 million , or $ 1.01 per diluted share , in the year - agone quartern . flagrant security deposit was 34.7 per centum , up from 33.6 percent in the yr - agone quarter . International sales report for 41 percentage of the quarter ’s taxation .

In accordance of rights with the subscription account intervention require by GAAP , the Company recognise revenue and cost of good sold for iPhone ™ and Apple TV ® over their economic biography . Adjusting GAAP sale and product cost to extinguish the impact of subscription accountancy , the stand for non - generally accepted accounting principles bill * for the quarter are $ 11.68 billion of “ Adjusted Sales ” and $ 2.44 billion of “ Adjusted Net Income . ”

Apple shipped 2,611,000 Macintosh ® figurer during the quarter , representing 21 percent unit development and 17 percentage revenue growth over the year - ago quarter . The Company betray 11,052,000 iPods during the after part , representing eight percent social unit growth and three percent revenue growth over the twelvemonth - ago stern . Quarterly iPhone units sold were 6,892,000 compared to 1,119,000 in the yr - ago - one-fourth .

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“ Apple just report one of the good twenty-five percent in its history , with a spectacular execution by the iPhone — we sold more phones than RIM , ” said Steve Jobs , Apple ’s CEO . “ We do n’t yet know how this economic downswing will affect Apple . But we ’re armed with the strongest product line in our history , the most talented employees and the best customers in our industry . And $ 25 billion of hard currency safely in the bank with zero debt . ”

“ We ’re very pleased to have grow gross 35 per centum and to have generated $ 9.1 billion in cash in financial 2008 , ” say Peter Oppenheimer , Apple ’s CFO . “ expect forward , visibleness is abject and prognostication is challenging , and as a result we are going to be prudent in predicting the December poop . We are provide a wide mountain chain for our steering , targeting taxation of $ 9.0 to $ 10.0 billion and net profit per dilute share between $ 1.06 and $ 1.35 . ”

Apple will ply live streaming of its Q4 2008 financial results league call employ QuickTime ® , Apple ’s standards - based technology for unrecorded and on - demand audio frequency and TV streaming . The live webcast will begin at 2:00 p.m. PDT on Tuesday , October 21 , 2008 at www.apple.com/quicktime/qtv/earningsq408/ and will also be available for replay for approximately two hebdomad thereafter .