« Free iPhone Wallpaper #3: Brasstown | Main | Apple Gets Big Bang for Its R&D Buck »

Apple's Quarterly Earnings Up 36% On Strength in Mac Sales

I was one of the people who bought a Mac in the fiscal quarter that ended March 29. The last time I bought a Mac for myself was over 10 years ago. I guess wasn't alone, because The Wall Street Journal reports that Apple's quarterly earnings rose 36 percent, largely on the strength of Mac sales. Revenues grew 43 percent overall to approximately $7.42 billion.

There were some aspects of the Mac sales figures that I found hard to believe. Apple reported that it sold 51 percent more Macs in the quarter than in the same period a year earlier. They sold nearly $3.5 billion dollars worth of Macs in three months. Overall PC market growth was only 12 percent, so Apple is clearly stealing a significant share of the U.S. market from PC makers.

Apple sold 1.7 million iPhones during this period, which is about what analysts that follow the company had expected. The article goes on to say:

Apple executives said a 'significant' portion of its iPhone sales continue to involve consumers who 'unlock' the iPhone to work on unauthorized wireless networks, especially overseas in countries such as China, where the iPhone isn't yet available from Apple.
I'm not sure Apple has ever been this explicit about the significance of iPhone diversions from the USA to other countries. [ A subscription may be required to read The Wall Street Journal article referenced above. ]

TrackBack

TrackBack URL for this entry:
http://www.operationgadget.com/spamfw.php?tb_id=1630

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Got a tip for Operation Gadget?

Copyright © 2003-2006, Chatham Township Data Corporation. All Rights Reserved.

"Operation Gadget" is a service mark of Chatham Township Data Corporation.

All other products and company names mentioned on Operation Gadget may be trademarks of their respective owners. Any comments posted to Operation Gadget are the legal responsibility of the person that posted them. Comments may be removed from this system at any time, at the sole discretion of Chatham Township Data Corporation or its authorized agents.

Powered by
Movable Type 3.2

Site designed by Weblog Improvement