This week, all big companies are holding conferences with their shareholders to talk about the revenues they had in the first fiscal quarter of the year, and Apple is no exception. While Microsoft doesn't seem to have taken any financial hit due to the behaviour under expectations of the Vista operating system, Apple just made public the fact that Q1 2008 was heir best quarter ever!
To make a long story short, Apple's financial results for the quarter that ended on the 29th of December exceeded anything else analysts have seen so far, but only when it comes to Steve Jobs' company, of course! In this period, Apple saw the best revenue and earnings per quarter in its history.
While back in 2007, Apple got a $7.1 billion revenue, with a net profit of $1 billion, in the same period, this year we're talking about a revenue of $9.6 billion, and a net profit of $1.58 billion. International sales contributed with 45 percent to the quarter's revenue, and I am sure the iPhone had a serious part to play in this.
For the quarter we're talking about, figures look like this: 2,319,000 Macs (44 percent unit growth, and 47 percent revenue growth over the previous year), 2,315,000 iPhones, and an impressive 22,121,000 iPods, for a growth of 5 percent in units and 17 percent in revenue, compared to last year's same quarter iPod sales.
These being said, all we need to do is sit back and wait, because things look interesting, and Apple holds all the cards to keep growing. According to Steve Jobs, “We have an incredibly strong new product pipeline for 2008, starting with MacBook Air, Mac Pro and iTunes Movie Rentals in the first two weeks.â€, and while others simply say things like these without any solid backup, I think Steve is right, this time.
