Apple today released its earnings for the fourth fiscal quarter of 2009, and it smashed through analyst expectations, delivering earnings of $1.82 per dilluted share on revenue of $9.87 billion. During the same quarter a year ago, Apple reported earnings of $1.26 a dilluted share. The consensus on Wall Street was $1.42 a share on revenue of $9.2 billion. It’s quarterly profit of $1.67 billion represents the most profitable quater in Apple history. Not too shabby for being in the midst of a recession. Helping out the cause were Apple’s gross margins, which came in at 36.6 percent, an increase from the 34.7 percent reported in the year-ago quarter
Interestingly, Apple noted that international sales accouted for 46% of the past quarter’s revenue.
Impressively, Apple sold over 3 million Macs, 10.2 million iPods and 7.4 million iPhones. Mac growth over the same quarter a year-ago increased by 17% while iPod growth declined 8%. Sales of the iPhone, however, continued to impress, with the 7.4 million figure from the current quarter representing a 7% increase from the same quater a year ago.
In a press release issued by Apple just a few moments ago, Steve Jobs was quoted:
We are thrilled to have sold more Macs and iPhones than in any previous quarter. We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.
Meanwhile, Apple CFO Peter Oppenheimer stated:
We are delighted with our September quarter and fiscal 2009 results. For the full year, we grew revenue by 12 percent and net income by 18 percent in extraordinarily challenging times. Looking ahead to the first fiscal quarter of 2010, we expect revenue in the range of about $11.3 billion to $11.6 billion and we expect diluted earnings per share in the range of about $1.70 to $1.78.