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Apple report record fourth quarter results...

Ships second largest number of Macs in the company's history

Apple reported the highest revenue and earnings in the company's history this evening (October 11th 2005). Here is a breakdown of the main figures from the results:
Mac numbers:
  • Apple shipped 1,236,000 Macs (up from 1,182,000 last quarter).
    • Mac growth was 48% from last year's quarter
    • 602,000 of these were desktop Macs [this includes, eMacs, iMacs, PowerMacs, Mac minis- Xserves are included by Apple in this figure].
    • 634,000 of the total Macs were portables [PowerBooks and iBooks] (set new company record for the number of portables shipped in a quarter, by 139,000 units).
    • 45% of Mac buyers are new to the platform.
    • 202,000 Mac minis were sold in the quarter.
iPod numbers:
  • Apple shipped 6,451,000 iPods (up from 6,155,000 last quarter).
    • iPod growth was 220% from last year's quarter
    • $1.212 billion of the $3.68 billion in revenue for this quarter was the result of iPod sales.
    • Apple sold 1 million iPod nanos in the 17 days between its launch and the end of the quarter.
    • Apple has shipped 28.2 million iPods since it was launched in 2001.
    • There are now over 1000 third-party iPod accessories available.
    • The iPod represented 75% of all MP3 players sold in August 2005.
    • The "music" segment of Apple's products accounted for 40% of revenues.
    • Demand for iPod nano described as "staggering" by Apple.
Revenue and Profit:
  • Revenue was $3.68 billion for the fourth quarter (compared to $2.35 million during the same quarter last year).
    • Profit for the quarter was $430 million (up from $106 million last year).
    • Gross margin for quarter was 28.1% (up from 27.0 % last year)
    • Earnings represent $.50 per diluted share (up from .13 last year's quarter)
    • For the fiscal year 2005, Apple generated $13.93 billion in revenue (up 68%) and a net profit of $1.335 billion (up 384%).
    • Research and development expenses amounted to $147 million for the quarter (up from $122 million for the last quarter).
Retail:
  • 14.8 million people visited the Apple retails stores this quarter.
    • There were over 50 million visitors to stores in the last year.
    • This works out at an average of 9,800 visitors per store per week.
    • The company expects to open 35-40 new retail stores in 2006.
    • Retail store revenue stood at $663 million for the quarter.
    • The average quarterly revenue per store was $5.7 million.
    • 14 stores were opened this quarter.
Software:
  • Apple quarterly revenue from Mac OS X Tiger was around $35 million this quarter, and represents the best selling OS product in Apple's history.
Inventory:
  • Total inventory at the end of the quarter stood at between 3 to 4 weeks.
    • Looking forward:
    • Apple expects to see $4.7 billion in revenue and 35% year on year growth in the first quarter of the next financial year.
    • Apple currently holds almost $8.3 billion in cash and short-term investments.
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