Double-digit growth in Macintosh and triple-digit growth in iPod unit sales fueled a 65 percent year-over-year revenue gain and a more than 90 percent profit jump for Apple in its fiscal 2006 first quarter.
For the quarter ended Dec. 31, 2005, Apple posted sales of $5.75 billion and earnings of $565 million, or 65 cents per diluted share. Earnings topped Thomson Financial’s consensus estimate of nearly 61 cents per share. In the year-ago quarter, Apple saw revenue of $3.49 billion and profit of $295 million, or 35 cents per diluted share.
The Cupertino, Calif.-based company shipped more than 1.25 million Mac computers and 14 million iPod media players in the first quarter, up 20 percent and 207 percent, respectively, from a year earlier.
Leading the way on the Mac side were iBook and PowerBook laptops, which saw a 39 percent year-over-year rise in unit sales. Apple’s desktop segment--which the company said includes the Power Mac, iMac, eMac and Mac Mini desktop and Xserve server product lines--had a 7 percent unit sales gain vs. the year-ago quarter.
Sales at Apple retail stores during the fiscal first quarter, which covered the lucrative holiday selling season, rose 91 percent year over year to $1.07 billion, Apple reported.
The 2006 first quarter was the best quarter in Apple’s history, according to CEO Steve Jobs. “Two highlights of an incredible quarter were selling 14 million iPods and getting ready to launch our new Macs with Intel processors five to six months ahead of expectations,” Jobs said in a statement. “We are working on more wonderful products for 2006, and I can’t wait to see what our customers think of them.”
At Macworld in San Francisco earlier this month, Apple launched its first Intel-based computers: two MacBook Pro laptop models and two new iMac desktop models, all of which are powered by Intel Core Duo processors.
For its fiscal second quarter, Apple projects sales of $4.3 billion and earnings per diluted share of 38 cents, including charges from compensation expenses, according to CFO Peter Oppenheimer.
|
|
Five Companies That Dropped The Ball This Week For the week ending Feb. 10, CRN looks at five companies that were either asleep at the wheel or just didn't make good decisions. |
|
|
Five Companies That Came To Win This Week For the week ending Feb. 10, CRN looks at five companies that brought their 'A' game and made moves to beat out competitors |
|
|
10 Challenges That HP Wants Partners To Tackle Right Now CRN speaks with HP's business unit chiefs to get a sense of where they'd like partners to focus in the coming year, as well as how CEO Meg Whitman is making a difference. |
- Apple Says Hello To A Chip Off The Old Block: Intel
- Apple Still Cares More About Living Room Than Office
- Apple's Trademark Applications Hint At iPod Phone
- Windows On Macs: Money In Microsoft's Pocket
- Cognizant Sales Soar, Exec Promotions Follow
- VAR500 Company EPAM Systems: IPO Update
- Report Says iPad 3 In March; What Do Apple VARs See Ahead?
- Seven Hot Business Apps For Mac OS X
