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The Guardian - UK
The Guardian - UK
Technology
Jack Schofield

Apple unveils record quarterly sales and profits

"Apple today announced financial results for its fiscal 2005 third quarter ended June 25, 2005, reporting the highest revenue and earnings in the Company's history. Apple posted a net quarterly profit of $320 million ... and revenue of $3.52 billion. These results compare to a net profit of $61 million ... and revenue of $2.01 billion in the year- ago quarter, and represent revenue growth of 75% and net profit growth of 425%," according to Apple's press release.

"Apple shipped 1,182,000 Macintosh units and 6,155,000 iPods during the quarter, representing 35% growth in Macs and 616% growth in iPods over the year-ago quarter."

Comment: Sales of iPods exploded from 860,000 in the same quarter last year to 6.2 million, pushing Apple's quarterly revenue above what it was a decade ago. Desktops did well with sales growing from 416,000 to 687,000 units with the impact of the Mac mini. Portables didn't do very well, with sales up from 460,000 to 495,000 units.

Sales of iPods and related services (including iTMS) brought in $1,344,000 in the quarter, which is 38% of Apple's total sales. In fact, sales of iPods alone are now worth more than sales of desktop or portable Macs, but not both combined. Yet.

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