Apple Q4 financial report released!

January 28th, 2010 - 11:55 pm by Wajiha H.
Apple remained unbeatable last year and the Q4 report proves just that. The report shows that the company made revenue of 15.68 billion US dollars and a net quarterly profit of 3.38 billion US dollars, which when compared to the figures of the same period in 2008, (11.88 billion and 2.26 billion respectively), show a drastic jump upwards! Now iPhones remain Apple's main forte; this shows in the fact that almost 8.7 million iPhones were sold in the last quarter of 2009 which is much more than the phones sold in Q4 of 2008.
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The iPod sales fell 8 percent to 21 million but to make up for this loss were the 3.36 million Macintosh computers sold during the quarter (a 33 percent growth)! So things seem to be in Apple’s favour these days. If we analyze the financial report of the company we’ll see that their gross margin is 40.9 percent which means that the company's profit per dollar spent in production is way higher than any other manufacturer could imagine.

Apple sells internationally as well, and in huge amounts at that. Apple devices sold in internationally account for more than half of their revenue. The expected revenue for the first quarter of 2010 is somewhere between 11.0 billion to 11.4 billion US dollars, according to the Company. Now these figures are supposedly the best non-holiday quarter’s figures in the company’s history. Apple is having the time of its life!

You can check out the full report by following this link.