MacRumors.com

Apple has announced their financial results for their 4th quarter 2007 (July - September 2007). Apple posted revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share. These results compare to revenue of $4.84 billion and net quarterly profit of $542 million, or $.62 per diluted share, in the year-ago quarter.

Apple shipped 2,164,000 Macintosh(R) computers, representing 34 percent growth over the year-ago quarter and exceeding the previous quarterly record for Mac shipments by 400,000. Apple sold 10,200,000 iPods during the quarter, representing 17 percent growth over the year-ago quarter. Quarterly iPhone sales were 1,119,000, bringing cumulative fiscal 2007 sales to 1,389,000.

"We are very pleased to have generated over $24 billion in revenue and $3.5 billion in net income in fiscal 2007," said Steve Jobs, Apple's CEO. "We're looking forward to a strong December quarter as we enter the holiday season with Apple's best products ever."

"Apple ended the fiscal year with $15.4 billion in cash and no debt," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the first quarter of fiscal 2008, we expect revenue of about $9.2 billion and earnings per diluted share of about $1.42."

Apple will be broadcasting their FY 07 Fourth Quarter Results Conference Call live via Quicktime beginning at 2:00pm PDT, 5:00pm EDT. We will provide highlights and a summary of the call here.

Q&A Highlights:

• Reiterates that the iPhone is a multiyear exclusive agreement with AT&T
• Direct sales 57% of total company revenue. Up from 53% in year-ago quarter.
• Europe sales did not have typical lull in August.
• Holiday quarter is usually a big quarter for iPods.
• Sales of iPhones accelerated after price drop.
• Confident in shipping 10 million iPhones in Calendar 2008
• Still on target to get iPhone in Asia in Calendar 2008
• Japan continues to be the most challenging major market. iMac was well received.
• Over 40,000 iPod Distribution locations, 8700 Mac Distribution locations
• Apple rep guesses that 250,000 iPhones sold to unlockers
• Apple Working with Salesforce.com
• No updates on Enterprise testing of iPhone.
• Vast majority of Macs in the last 4 years able to run Leopard. ~21 million Macs.
• 15 million were eligible to run Tiger when it launched
• Over 50% of Macs sold in Retail stores were sold to individuals who had never owned a Mac before
• Most successful back to school season they have ever had.

Raw Data: Apple Press Release
Reference Data: 4Q 2006 Financial Results
Transcript: Seeking Alpha transcript of Conference call.