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A Nice Shiny Q4 for Apple
By Mark Evans | October 22, 2007
Apple Q4 numbers - pretty darn impressive.
- 2.16-million Macintosh computers sold - surpassing the previous quarterly record by 400,000 units - as Apple is poised to become the #3 computer seller in the U.S. behind HP and Dell
- 10.2 million iPods sold; 17% year-over-year growth - demonstrating the iPod Phenomena is still alive and well!
- 1.19 million iPhone sales
- $15.4 billion in cash and no debt, which gives Apple some financial flexibility if it wants to get into bed with Google to buy wireless spectrum.
Meanwhile, Apple shares touched a record high of $174.90 today. What were any of us thinking when Apple was trading for $10 in January 2004?
For more, check out Seeking Alpha, which notes that Apple provided stronger-than-expected Q1 guidance on revenue and earnings. TUAW adds that Q4 earnings per share of $1.01 were way above the Wall St. estimate of 82 cents (what do analysts know anyway!) while the 2.16 million Mac sales beat expectations of two million.
Can’t wait to see how investors react on Friday when OS X is released, and thousands of crazed Mac-ites storm retailers.
Topics: Apple/iPod |