Apple reports $1.07 billion profit on strong Mac, iPhone sales

News Type: Event — Seeded on Mon Jul 21, 2008 4:59 PM EDT

Article Source: Macworld

technology, apple, iphone, ipod, mac, sales, macintosh, osx

The company shipped 2,496,000 Macs during the quarter, representing 41 percent unit growth and 43 percent revenue growth over the year-ago quarter. Quarterly iPhone units sold were 717,000 compared to 270,000 in the year-ago-quarter, the company reported.

Published to:

gecko85's Column, All of Newsvine
Groups: none
Regions: none

Public Discussion (5)

What's this?

Who's leading the conversation?

This visualization below allows you to see the impact that each user has on the current conversation. The top row contains the group of users who have had the most impact, the 2nd row the group of users who have had the 2nd most impact (et cetera). Users with similar impact are grouped together, and the average score of the group is shown to the left of the group. The author of the article is also shown on the left, in their corresponding group. Each user's score is based on the number of comments the user has made plus the number of votes their comments have received. The scores are calculated relative one another, so while their absolute value is not particularly important, their relative difference does indicate a larger difference in impact on the conversation.

3.9

{"commentId":2245738,"authorDomain":"tcervo"}

gecko85

This was the most interesting part of the report, IMO:

"We set a new record for Mac sales, we think we have a real winner with our new iPhone 3G, and we're busy finishing several more wonderful new products to launch in the coming months," said Jobs.

Hmmm...wonder what they have up their sleeve?

{"commentId":2245738,"threadId":"317055","contentId":"1684185","authorDomain":"tcervo"}

2 votes

#1 - Mon Jul 21, 2008 4:59 PM EDT

{"commentId":2246255,"authorDomain":"janeway77"}

Michael the Great

wonder what they have up their sleeve?

Maybe we will finally get the mid-range expandable Mac!

There is no mid-range machine. Either you buy an iMac or you buy a Mac Pro. I happen to have both, with the Pro at the office and the iMac at home. I would rather have bought a Mac Semi-pro for the house with two hard drive bays (instead of four), and maximum memory of 8 GB (instead of 16 GB). Don't need or want a built-in monitor, as I'd much rather use one of the 5 or so monitors I already own.

{"commentId":2246255,"threadId":"317055","contentId":"1684185","authorDomain":"janeway77"}

2 votes

#1.1 - Mon Jul 21, 2008 5:39 PM EDT

{"commentId":2246687,"authorDomain":"tcervo"}

gecko85

A mid-range expandable desktop Mac would be a welcome addition.

{"commentId":2246687,"threadId":"317055","contentId":"1684185","authorDomain":"tcervo"}

1 vote

#1.2 - Mon Jul 21, 2008 6:20 PM EDT

{"commentId":2251023,"authorDomain":"territan"}

Territan

You have to finish the joke:

Apple reports $1.07 billion profit on strong Mac, iPhone sales, and the stock price falls

Wall Street, You're Doing It Wrong.

{"commentId":2251023,"threadId":"317055","contentId":"1684185","authorDomain":"territan"}

#2 - Tue Jul 22, 2008 7:41 AM EDT

{"commentId":2251818,"authorDomain":"tcervo"}

gecko85

It's funny how this happens *every time*. Apple has a long history of making conservative estimates for the upcoming quarter, then beating not only their own but also Wall Street's higher estimates. But, when the estimates are reported, Wall Street panics that Apple's lower than Wall Street's. The smart day traders wait for the drop, buy, then sell once it goes back up in a week or two.

{"commentId":2251818,"threadId":"317055","contentId":"1684185","authorDomain":"tcervo"}

1 vote

#2.1 - Tue Jul 22, 2008 10:04 AM EDT

{"canLink":false,"threadId":"317055","isPrivate":false}

GECKO85

Backyard

Apple reports $1.07 billion profit on strong Mac, iPhone sales

Published to:

FUN STUFF:

COMPANY STUFF:

LEGAL STUFF: