Tuesday, 19 October 2010

Apple Q4: $20B Revenue, $4B Profits, 3.89M Macs, 14.1M iPhones, 4.19M iPads ? All New Records

You don't need to look any further than Apple's stock price over the past several months to know that they're on a roll. A year ago, the stock price was at about $190 a share. Today, it closed at $317.93 a share ? an all-time high. In fact, they've hit several all-time highs this month alone. Their market cap is quickly approach $300 billion. And now the company has just announced their Q4 earnings. And once again ? boom. But a boom with a couple caveats.

Just as with last quarter, Apple�easily�beat the earnings estimates. The company posted $20.34 billion in revenue and $4.31 billion in profit ? both new records for Apple. EPS was $4.64 (Wall Street consensus had been $4.06 and Apple's guidance had been $3.44). A year ago, Apple posted revenue of $12.21 billion with a profit of $2.53 billion ($2.77 EPS). All that said, gross margin did drop a bit, to 36.9 percent down from 41.8 percent a year ago.

Jennifer Sky On Semiconductor Vitamin C New Cell Phones For 2010

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