Apple has just announced that their fourth-quarter profits rose more than 46% to $1.67 billion, or $1.82 per diluted share on sales of $9.87 billion making it their most profitable quarter ever.
You can checkout the highlights from Apple’s fourth quarter results after the jump.
Here are the highlights from Apple’s fourth-quarter results:
- Apple’s fourth-quarter profits rose more than 46 percent to 1.67 billion, or $1.82 per diluted share on revenues of $9.87 billion as compared to net quarterly profit of $1.14 billion, or $1.26 per diluted share on revenues of $7.9 billion, in the year-ago quarter.
- For the full year, Apple’s revenues grew by 12 percent and net income grew by 18 percent.
- Apple sold 3.05 million Macs during the quarter. It was a 17 percent unit increase over the year-ago quarter.
- Apple sold 10.2 million iPods during the quarter, which is a 8 percent decline over the year-ago quarter.
- Apple sold 7.4 million iPhones in the quarter, representing a 7% increase over the year-ago quarter.
- Apple’s CEO, Steve Jobs said: "We are thrilled to have sold more Macs and iPhones than in any previous quarter."
- Apple will launch iPhone in China from October 30. Here are some more details about the launch of the iPhone in China:
- Apple will have 1,000 points of sale to begin with.
- Plans will range in price from $18/month to $100/month.
- With higher-priced plans, users will get their iPhones for "free."
- According to Apple’s COO Tim Cooks competition is really just trying to catch up with the 1st generation iPhone that was announced 2 years back. I wonder what Verizon, which started airing a new ad attacking Apple’s iPhone might have to say about it.
- The demand for iPhone 3GS exceeded even Apple’s expectations.
- Apple doesn’t expect wholesale price difference as they add more carriers in Canada and UK.
Let us know your thoughts on Apple’s most profitable quarter ever in the comments.[via Apple]