Apple Posts $3.68 Billion Revenue, $430 Million Profit in Q4 2005
Apple announced their 2005 4th Quarter earnings today.
Apple posted revenue of $3.68 billion and net quarterly profit of $430 million, or $.50 per diluted share. In the same quarter last year, Apple posted $2.35 billion in revenue and a net profit of $105 million or $.13 per diluted share. Gross margins were 28.1% (up from 27%).
1,236,000 Macintosh units and 6,451,00 iPods were shipped this quarter. This represents a 48% growth in Mac shipments and a 220% growth in iPod shipments over last year's corresponding quarter.
We're thrilled to have concluded the best year in Apple's history, with 68 percent year-over-year revenue growth and 384 percent net profit growth," said Steve Jobs, Apple's CEO. "This is the direct result of our focus on innovation and the immense talent and creativity at Apple. We could not be more excited about the new products we're working on for 2006."
"We're very pleased to report 48 percent year-over-year growth in Mac shipments in Q4, as well as our 10th consecutive quarter of record iPod sales," said Peter Oppenheimer, Apple's CFO."