Flash: Apple posts record quarterly profit

Published: July 25, 2007, 2:12 pm

Tags: aapl, earnings, iphone, ipod, mac, mac computer, maccomputer, steve jobs, stevejobs, tech

Filed under: Earnings reports, Good news, Press releases, Products and services, Consumer experience, Competitive strategy, Apple Inc (AAPL) Apple Inc. (NASDAQ: AAPL) today posted record quarterly profit, easily beating Wall Street estimates Profit was $818 million, or 92 cents per share, compared with $472 million, or 54 cents, a year earlier. Revenue rose to $5.4 billion. Wall Street had expected profit of 72 cents and sales of $5.28 billion. These figures are better than the 66 cent profit and $5.1 billion in sales that Apple istelf had projected, according to the Associated Press. Click here for the Bloomberg News story and here for the company's earnings press release. Read Permalink Email this Linking Blogs Comments

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