Apple has posted some record numbers pertaining to first quarter revenue in 2009. Most notably, 22,727,000 iPods were shipped making this is the company’s most successful quarter ever recorded.
For the fiscal quarter, which ended December 27, 2008, Apple specifically posted record breaking numbers making it the most successful quarter in the company’s history, in terms of revenue. They posted a record $10.17 billion revenue and record net quarterly profit of $1.61 billion (or $1.78 per diluted share). The quarter directly one year ago contained numbers of $9.6 billion in revenue, and a net quarterly profit of $.158 billion (or $1.76 per diluted share).
“In accordance with the subscription accounting treatment required by GAAP, the Company recognizes revenue and cost of goods sold for iPhone™ and Apple TV® over their economic lives. Adjusting GAAP sales and product costs to eliminate the impact of subscription accounting, the corresponding non-GAAP measures* for the quarter are $11.8 billion of “Adjusted Sales” and $2.3 billion of “Adjusted Net Income.”
“Even in these economically challenging times, we are incredibly pleased to report our best quarterly revenue and earnings in Apple history—surpassing $10 billion in quarterly revenue for the first time ever,” said Steve Jobs, Apple’s CEO.
“Our outstanding results generated over $3.6 billion in cash during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the second fiscal quarter of 2009, we expect revenue in the range of about $7.6 billion to $8 billion and we expect diluted earnings per share in the range of about $.90 to $1.00.”
This record breaking first quarter boasted sales of 2,524,000 Mac computers, showing nine percent growth over the previous quarter. The company had also seen record breaking iPod sales with a whopping 22,727,000 units sold, representing 3 percent growth. Additionally, 4,363,000 iPhones had been sold this quarter displaying an exemplary 88 percent unit growth over the year-ago quarter.
