Apple posted $1.58 Billion in Profit Q08
23 January 2008
The holiday numbers are in, Apple Inc. had their biggest quarter ever with $9.6 Billion in revenue and 1.58 ba, ba, ba, Billion in profit! If you do the math, that is about 16.5% profit. Profit after all rent, utilities, and employees are paid. Those iPhones and iPods are making Apple some money, I have even heard they are marked up around 50%.
This revenue growth was 35% higher than last year’s holiday quarter, actually best in Apple’s history. Wow! Look out Microsoft.
All information quoted from Apple.com, for the full report from Apple check out this link. www.apple.com/pr/library/2008/01/22results.html
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Posted by Chief Geek |
Categories: Mac computers, Tech News | Tagged: , Apple, Apple Computer, Apple earnings, Apple Inc., Apple profit, iphone markup, profit, q08 profit, quarter profit |