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Apple posts best second-quarter sales, profit
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08:43, April 23, 2009

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Apple Inc. reported second-quarter sales and profit on Wednesday, which beat analysts' expectations and were billed as the best for the period in the company's history.

Apple announced that in its fiscal 2009 second quarter ended on March 28, the company's revenue rose to 8.16 billion U.S. dollars, an increase of 8.7 percent over the same period a year ago.

Its net profit climbed to 1.21 billion dollars or 1.33 dollars a share, up 15 percent from 1.05 billion dollars or 1.16 dollars a share in the year-ago quarter.

"We are extremely pleased to report the best non-holiday quarter revenue and earnings in our history," Peter Oppenheimer, Apple's chief financial officer, said in a statement.

The results could be attributed to strong sales of iPhone and the company's upgrading of its iPod and iMac product lines in the quarter, analysts said.

Apple sold 3.79 million iPhones in the quarter, representing a 123 percent growth over the same period a year earlier.

Looking ahead to the third fiscal quarter of 2009, the company said it expects revenue to be in the range of 7.7 billion to 7.9 billion dollars and earnings per share in the range of 95 cents to 1 dollar.

Source: Xinhua



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