CUPERTINO, California‹January 17, 2007‹Apple® today announced financial
results for its fiscal 2007 first quarter ended December 30, 2006. The
Company posted record revenue of $7.1 billion and record net quarterly
profit of $1.0 billion, or $1.14 per diluted share. These results
compare to revenue of $5.7 billion and net quarterly profit of $565
million, or $.65 per diluted share, in the year-ago quarter. Gross
margin was 31.2 percent, up from 27.2 percent in the year-ago quarter.
International sales accounted for 42 percent of the quarter¹s revenue.
Apple shipped 1,606,000 Macintosh® computers and 21,066,000 iPods during
the quarter, representing 28 percent growth in Macs and 50 percent
growth in iPods over the year-ago quarter.
³We are incredibly pleased to report record quarterly revenue of over $7
billion and record earnings of $1 billion,² said Steve Jobs, Apple¹s
CEO. ³We¹ve just kicked off what is going to be a very strong new
product year for Apple by launching Apple TV and the revolutionary
iPhone.²
³We generated over $1.75 billion in cash during the quarter to end with
$11.9 billion,² said Peter Oppenheimer, Apple¹s CFO. ³Looking ahead to
the second fiscal quarter of 2007, we expect revenue of $4.8 to $4.9
billion and earnings per diluted share of $.54 to $.56.²
Apple will provide live streaming of its Q1 2007 financial results
conference call utilizing QuickTime®, Apple¹s standards-based technology
for live and on-demand audio and video streaming. The live webcast will
begin at 2:00 p.m. PST on Wednesday, January 17, 2007 at
www.apple.com/quicktime/qtv/earningsq107/ and will also be available for
replay. The QuickTime player is available free for Macintosh and Windows
users at
www.apple.com/quicktime.
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