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Written by Christopher Meinck
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Monday, 22 October 2007 17:25 |
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Apple Inc.'s forth quarter profits soared due to growth in Mac sales, continued demand for iPods and strong iPhone sales. The Company posted revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share. These results compare to revenue of $4.84 billion and net quarterly profit of $542 million, or $.62 per diluted share, in the year-ago quarter. Gross margin was 33.6 percent, up from 29.2 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter
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