Earnings: Apple Q4 Revs Jump 28 Percent; Earnings Up 67 Percent; iPhone Sales Hit 1.1 Million
iPhone sales of 1.1 million helped push Apple (NSDQ: AAPL) revenues up 28 percent in Q4 to 6.22 billion from $4.84 billion in the year-ago period. Earnings during the quarter soared 67 percent to $904 million, or $1.01 per share, from $542 million, or $.62 per share, a year ago. Sales of the iPhone totaled 1.39 million through the end of the quarter; the company also sold 10.2 million iPods and 2.1 million Mac computers, for growth of 17 percent and 34 percent respectively. -- Gross margin in the quarter hit 33.6 percent, up from 29.2 percent a year ago. -- International sales now account for 40 percent of total revenue. More to come Release | Webcast
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