Apple Q4 2004 Financial Results: Revenue Up 37 Percent
In its Q4 2004 financial report, Apple announced revenue of $2.35 billion, a gain of 37% over the same quarter last year. International sales were 37% of revenue. Net profit was $106 million, up from $44 million for Q4 2003.
During the quarter, Apple shipped 836,000 Macintosh units and 2,016,000 iPods, up 6% and 500%, respectively, over Q4 2003.
In annual results, Apple reported net income of $276 million (compared to $69 million in 2003) on revenue of $8.28 billion (compared to $6.21 billion in 2003).
"We are thrilled to report our highest fourth quarter revenue in nine years," said Steve Jobs, Apple's CEO. "We shipped over 2 million iPods, our Retail store revenue grew 95 percent year-over-year, and the new iMac G5 has received phenomenal reviews and is off to a great start."
The conference call can be replayed via QuickTime here.