Apple Announces Fiscal Fourth Quarter 2009 Results
- October 19th, 2009 - 9.39 pm UTC
- Apple Financial News, Apple News
- Alex Brooks
Apple today announced financial results for its fiscal fourth quarter which ended on September 26, 2009. Apple posted revenue of $9.87 billion with a net quarterly profit of $1.67 billion. These results compare to revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share, in the year-ago quarter. Gross margin was 36.6 percent, up from 34.7 percent in the year-ago quarter. International sales accounted for 46 percent of the quarter’s revenue.

Apple will continue to recognise revenue and cost of goods sold for iPhone and Apple TV over their estimated lives. The corresponding non-GAAP measures for the quarter are $12.25 billion of “Adjusted Sales” and $2.85 billion of “Adjusted Net Income.”
Apple sold 3.03 million Macs in the quarter alongside 10.2 million iPods and 7.4 million iPhones, representing year-over-year gains of 17 percent for Macs and 7 percent for iPhones, iPods sales declined eight percent compared to the year-ago quarter.
“We are thrilled to have sold more Macs and iPhones than in any previous quarter,” said Steve Jobs, Apple’s CEO. “We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.”
“We are delighted with our September quarter and fiscal 2009 results,” said Peter Oppenheimer, Apple’s CFO. “For the full year, we grew revenue by 12 percent and net income by 18 percent in extraordinarily challenging times. Looking ahead to the first fiscal quarter of 2010, we expect revenue in the range of about $11.3 billion to $11.6 billion and we expect diluted earnings per share in the range of about $1.70 to $1.78.”
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