Wednesday, October 22, 2008

Apple Tops Expectations as iPhone Use Spreads - NYTimes.com

Another impressive quarter for Apple

However, he [Jobs] did not mince words about the company’s progress in quickly becoming a dominant force in the cellphone industry, even against cellphone makers, like Research in Motion, that cater to corporations. “Apple outsold R.I.M. last quarter,” he said. “R.I.M. is a good company that makes good products and so it is surprising.”

[…]

Apple said it shipped 2.6 million Mac computers, representing 21 percent growth over the year-ago quarter when it shipped 2.2 million.

It sold 11 million iPods during the quarter, representing 8 percent growth over the year-ago quarter.

Apple said it ended the year with $25 billion in cash and no debt.

For its 2008 fiscal year, net income was $4.83 billion, or $5.36 a share, on revenue of $32.48 billion.

Apple Tops Expectations as iPhone Use Spreads - NYTimes.com

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