Archive notice: This article was originally published on October 23, 2007. Links and embedded videos are preserved as part of the historical record.
Apple today announced the results of the fourth quarter of fiscal year 2007, which ended on September 29, 2007. In the past quarter, Apple achieved sales of 6.22 billion US dollars and a net profit of 904 million US dollars or 1.01 US dollars per share. In the year-ago quarter, sales of 4.84 billion US dollars and a net profit of 542 million US dollars or 0.62 US dollars per share were achieved. The gross profit margin was 33.6 percent, compared with 29.2 percent in the year-ago quarter. The non-US share of sales was 40 percent in this quarter.
Apple shipped 2,164,000 computers in the fourth quarter of fiscal year 2007, corresponding to an increase of 34 percent over the comparable year-ago quarter and an absolute increase of 400,000 Macs compared with the best quarter in the company’s history. 10,200,000 iPods went over the counter in the past quarter, 17 percent more than in Q4/2006. In the past quarter, 1,119,000 iPhones were sold; cumulatively for fiscal year 2007, this is 1,389,000 iPhones.
“We are extremely pleased to have achieved more than 24 billion US dollars in sales and 3.5 billion US dollars in profit in fiscal year 2007,” says Steve Jobs, CEO of Apple. “We are looking forward to a strong Christmas quarter and are beginning the year-end business with the best products we have ever had at Apple.”
“Apple ends the fiscal year with 15.4 billion US dollars in available cash and no liabilities whatsoever,” adds Peter Oppenheimer, Apple’s Chief Financial Officer. “We expect sales of 9.2 billion US dollars and 1.42 US dollars per diluted share for the first fiscal quarter of 2008.”
