Archive notice: This article was originally published on October 20, 2009. Links and embedded videos are preserved as part of the historical record.
Revenue of US$7.9 billion and net profit of US$1.14 billion, or US$1.26 per share, were recorded in the same quarter of the previous year. Gross margin was 36.6 percent, compared with 34.7 percent in the year-ago quarter. International sales accounted for 46 percent of revenue in the quarter.
In accordance with accounting policies required under GAAP, the company records revenue and cost of sales for iPhone and Apple TV over their economic useful lives. To eliminate these effects, GAAP revenue and product costs are adjusted; the corresponding non-GAAP values* for the quarter are therefore US$12.25 billion in “adjusted revenue” and US$2.85 billion in “adjusted net profit.”
Apple shipped 3,050,000 Macintosh computers during the fourth quarter of fiscal 2009, representing 17 percent unit growth over the comparable year-ago quarter. It sold 10,200,000 iPods during the quarter, eight percent fewer than in Q4/2008. Apple sold 7,400,000 iPhones in the quarter, seven percent more than in the comparable year-ago quarter.
“We are thrilled to have sold more Macs and iPhones than ever before in a quarter,” says Steve Jobs, Apple’s CEO. “We have a very strong product portfolio for the Christmas season and some truly outstanding new products in the pipeline for 2010.”
“We are pleased with the results of our September quarter and the full fiscal year 2009,” adds Peter Oppenheimer, Apple’s Chief Financial Officer. “Over the past fiscal year, we increased revenue by 12 percent and net profit by 18 percent—against the backdrop of an extremely challenging economic environment. For the first fiscal quarter of 2010, we expect revenue between US$11.3 billion and US$11.6 billion, or between US$1.70 and US$1.78 per diluted share.”
