New and Noteworthy: Apple posts record second quarter fiscal results; The little iPod that could; more
New and Noteworthy: Apple posts record second quarter fiscal results; The little iPod that could; more
Apple posts record second quarter fiscal results Apple has announced financial results for its fiscal 2005 second quarter ended March 26, 2005. For the quarter, the Company posted a net profit of $290 million, or $.34 per diluted share. These results compare to a net profit of $46 million, or $.06 per diluted share, in the year-ago quarter. Revenue for the quarter was $3.24 billion, up 70 percent from the year-ago quarter. Gross margin was 29.8 percent, up from 27.8 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter's revenue. A press release reads "Apple shipped 1,070,000 Macintosh units and 5,311,000 iPods during the quarter, representing a 43 percent increase in CPU units and a 558 percent increase in iPods over the year-ago quarter." More.
The little iPod that could A BusinessWeek review of the iPod Shuffle says "Simplicity on a stick. That's Apple's iPod Shuffle, introduced in January by Steve Jobs and Co. to grab the last bit of the digital-music player market that the company doesn't already own. The size of a pack of chewing gum, measuring 3.3 inches by 0.98 inches by 0.33 inches and weighing less than an ounce, the elegant and distinctively Apple-white iPod Shuffle is hard not to immediately take a liking to." More.
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