Apple Q1 2006 Financial Results
Apple reported its highest-ever revenue and earnings.
Highlights, with 2005 Q1 for comparison:
- Macs shipped: 1,254,000 (20% growth over 2005 Q1)
-- 587,000 iBooks and Powerbooks shipped
-- 667,000 desktop systems shipped
- iPods shipped: 14,043,000 (207% growth over 2005 Q1)
- Revenue: $5.75 billion, 40% from international sales ($3.49 billion in 2005 Q1)
- Music: 59% of total revenue
- Net quarterly profit: $565 million ($295 million in 2005 Q1)
- Retail profits were $90 million.
- Gross margin: 27.2% (28.5% in 2005 Q1)
- PowerBook G4 and iMac G5 will be sold while supplies last.
From Steve Jobs, Apple CEO:
We are thrilled to report the best quarter in Apple's history. Two highlights of an incredible quarter were selling 14 million iPods and getting ready to launch our new Macs with Intel processors five to six months ahead of expectations. We are working on more wonderful products for 2006, and I can't wait to see what our customers think of them.
From Peter Oppenheimer, Apple CFO:
We're very pleased to report year-over-year revenue growth of 65 percent and net income that was nearly twice the year-ago level. Looking ahead to the second quarter of fiscal 2006, we expect revenue of about $4.3 billion.
Top Rated Comments
(View all)
Go figure!
Apple RAWKS!
91% increase in profit over later year Q1 :)
Revenues and profit WAAAY up, stock down by 6% in afterhours trading!
Go figure!
Apple RAWKS!
Typical Wall Street, dumb money for soulless people based on rampant vacant rumor, speculation, lies, and corruption.
But go Apple!!! You're still three times better than Dell stock and hundreds of times better as a company.
Desktop sales up 11% on last quarter, or 7% on last year. Laptops down 7% on last quarter, up 39% on last year.
56% of Apple's income is now iPod/music related.
Revenues and profit WAAAY up, stock down by 6% in afterhours trading!
Go figure!
Apple RAWKS!
Their gross margins are down from the year ago quarter. I suppose that could be part of the reason. Not that I care! This was an awsome quarter for Apple! Can't have lower priced products and expect your gross margins to go up...but people want to eat their cake and have it too!
Revenues and profit WAAAY up, stock down by 6% in afterhours trading!
Go figure!
Apple RAWKS!
Typical Wall Street, dumb money for soulless people based on rampant vacant rumor, speculation, lies, and corruption.
Well said.
Same thing happend last quarter. 5% drop but it rebounded the next day. Lets see if people spot a good price to buy in the next few days....
Revenues and profit WAAAY up, stock down by 6% in afterhours trading!
Go figure!
Apple RAWKS!
Part of it may be iPod sales. Wasn't there some insane estimates of 19 million expected to be sold?
[ Read All Comments ]
Analytics firm Chitika today released a report showing that by its metrics iOS has now surpassed OS X in overall web traffic share in the United States. Chitika's methodology involves an analysis...
One of the most frequent reasons for an iPhone to go on a trip to the Apple Store's Genius Bar is because of water damage. Typically, a water damaged iPhone can be replaced for a flat $199...
TheVerge's Joshua Topolsky summarizes the iPad 3 casing findings reported earlier today, but also adds his own sources regarding some details of the iPad 3.
Image from RepairLabs
As...
Last July, Apple discontinued the white MacBook from its consumer lineup, pushing consumers toward the company's popular MacBook Air line or the 13-inch MacBook Pro. The company didn't kill...
Popular iPhone Twitter client Tweetbot has finally arrived on the iPad, with a user interface instantly familiar to any current Tweetbot user. Designed for the Twitter power-user, Tweetbot packs a...
