"For the three months ended September 27, Cupertino-based Apple said it earned $44 million, or 12 cents per share, compared with a net loss of $45 million, or 13 cents per share, in the same period last year. Revenue for the quarter was $1.7 billion, up 19 percent from $1.44 billion a year ago," reports AP.
"For the fiscal year, Apple reported income of $69 million on revenues of $6.21 billion, compared to earnings of $65 million on revenues of $5.74 billion in 2002."
Product picks
"In the quarter, Apple said it shipped 787,000 Macintoshes, up 7 percent from the year-ago quarter, along with 336,000 iPods, a 140 percent increase in unit sales since last year," adds ZD Net.
"Apple said it sold $279 million worth of iMacs, down 7 percent from the prior quarter and 25 percent from a year ago. Sales of the iBook totaled $154 million, down 21 percent from the earlier quarter and 34 percent from a year ago. Power Mac sales, buoyed by the introduction of the Power Mac G5, rose to $419 million, up 79 percent from the prior quarter and 21 percent from a year earlier. PowerBook sales were $348 million, down 4 percent from the third quarter but up 145 percent from a year ago."