Mac Sales Boost Apple's Revenue Up 38% - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Infrastructure // PC & Servers

Mac Sales Boost Apple's Revenue Up 38%

Apple shipped 2.5 million Macs during the quarter, a 41% increase from a year ago.

Apple on Monday reported strong profits and a 38% increase in revenue in the fiscal third quarter as sales of Macintosh computers continued to soar.

The company said revenue rose to $7.46 billion in the quarter ended June 28, and profits reached $1.07 billion, or $1.19 a share. During the same quarter a year ago, profits were $818 million on revenue of $5.41 billion. International sales accounted for 42% of the most recent quarter's revenue.

Gross margin, however, fell year to year to 34.8% from 36.9%.

"We're proud to report the best June quarter for both revenue and earnings in Apple's history," Steve Jobs, chief executive of Apple, said in a statement. "We set a new record for Mac sales, we think we have a real winner with our new iPhone 3G, and we're busy finishing several more wonderful new products to launch in the coming months."

Apple shipped 2.5 million Macs during the quarter, a 41% increase from a year ago. Revenue rose by 43%. The company sold 11 million iPods, 12% more than a year ago. Revenue from the portable media players was up 7%. Apple sold 717,000 iPhones in the fiscal third quarter, compared with 270,000 a year ago.

Apple predicted that revenue in the fiscal fourth quarter would reach $7.8 billion and earnings would be about $1 a share.

Gartner this month reported that Apple in the second quarter of this year was the third-largest PC maker in the United States, with shipments increasing slightly more than 38%. Rival IDC, however, listed the Mac and iPod maker fourth, with a growth rate of nearly 32%.

Dell was the market leader in the United States in terms of shipments, and Hewlett-Packard was second.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
InformationWeek Is Getting an Upgrade!

Find out more about our plans to improve the look, functionality, and performance of the InformationWeek site in the coming months.

Commentary
New Storage Trends Promise to Help Enterprises Handle a Data Avalanche
John Edwards, Technology Journalist & Author,  4/1/2021
Slideshows
11 Things IT Professionals Wish They Knew Earlier in Their Careers
Lisa Morgan, Freelance Writer,  4/6/2021
Commentary
How to Submit a Column to InformationWeek
InformationWeek Staff 4/9/2021
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
Successful Strategies for Digital Transformation
Download this report to learn about the latest technologies and best practices or ensuring a successful transition from outdated business transformation tactics.
Slideshows
Flash Poll