Apple announces record results

Mac sales reach all-time high

By Aharon Etengoff

Tue Jul 22 2008, 08:32

APPLE HAS ANNOUNCED financial results for its fiscal 2008 third quarter, with a posted revenue of $7.46 billion and net quarterly profit of $1.07 billion. International sales accounted for 42 percent of the quarter's revenue.

During the third quarter, the company shipped 2,496,000 Macintosh computers, 11,011,000 iPods and sold 717,000 Iphone units.

According to Steve Jobs, Apple "is busy finishing several more wonderful new products to launch in the coming months."

Apple CFO Peter Oppenheimer noted that the company expected revenue of about $7.8 billion and earnings per diluted share of about $1.00 for the fourth quarter of 2008. µ

Tags: Apple

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Apple announces record results

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