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Apple Earnings 2009 report

apple1There are some very interesting numbers in Apple’s third-quarter press release. Apple has also disclosed more numbers in its conference call which is still in progress. Some highlights:

3.05 million Macs sold this quarter, up 17 percent from a year ago. The overall PC market is expected to grow just 2 percent in the third quarter. That means Apple is taking market share from Windows still. But average selling prices per Mac are down. Sales outside the U.S. were stronger than sales inside the U.S.

10.2 million iPods sold this quarter, down 8 percent from 11 million a year ago. The iPod Touch sales were up 100 percent year-over-year.

7.4 million iPhones sold in the quarter, up 7 percent from a year ago. That’s a new record. iPhone sell through in the quarter was up 38 percent over a year ago.

$9.87 billion in third quarter revenues, up 25 percent ; analysts expected $9.2 billion.

$1.82 a share in earnings per share, up 47 percent; analysts expected $1.42 a share.

273 Apple stores now open, up 15. Apple is spending $400 million a year on stores. It remodeled 72 of them and opened 26 new stores in the quarter. That means some Apple stores closed in the quarter.

45.9 million visitors to Apple stores in the quarter, up from 42.7 million a year ago. Average revenue per store is $7.1 million per quarter, down from $7.6 million a year ago.

Apple has $23.4 billion in cash and short-term investments. With long-term investments included, Apple has $34 billion in current assets, up from $31 billion last quarter.

Expected fourth quarter revenue: $11.3 billion to $11.6 billion Earnings per share in fourth quarter are expected to be $1.70 a share to $1.78 a share.

2.4 million iPhones are in the inventory channel, up 500,000 from a quarter before.

China and Korea are expected to roll iPhones out in fourth quarter. Canada and UK are expected to add a second iPhone carrier.

this post credit goes to   venturebeat.com

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