Apple Q408 results out: 6.9m iPhones sold, record Mac sales UPDATE: Steve answers analysts’ questions

October 21st, 2008 by

Filed under: Cellphones, Desktops, Laptops

Hey, turns out that people seem to like a little thing called the iPhone 3G. Apple just announced that it’s sold 6.9 million of ‘em during its financial fourth quarter, beating out the 6.1 million total first-gen iPhones sold in the previous five quarters — and beating RIM’s total sales this quarter, which Apple seems excited about. Of course, that represents worldwide availability in 51 countries vs the initial US-only launch, so it’s not totally unexpected that the numbers are up, but it means that Apple’s hit its goal of 10 million iPhones sold in 2008, which should cause some celebration in Cupertino. Apple also seems pleased with Mac sales, which are up 21 percent over a year ago to 2.6 million — more than it’s sold in any other quarter ever. All that combines with 11 million iPods sold for a total profit of $1.1 billion on revenues of $7.9 billion — that’s a lot of scratch. Still, times are tough, so Steve, do you have a seemingly-cautious statement about the US economy that also doubles as a smug shot at your competitors? “We don’t yet know how this economic downturn will affect Apple. But we’re armed with the strongest product line in our history, the most talented employees and the best customers in our industry. And $25 billion of cash safely in the bank with zero debt.” Yeah, we thought you might.

PS.- The analyst call just finished with a special appearance from Steve Jobs, who took questions. Head past the break for our semi-liveblog transcript of the good parts.

Continue reading Apple Q408 results out: 6.9m iPhones sold, record Mac sales UPDATE: Steve answers analysts’ questions

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AMD reports Q2 results: $1.2B loss, quitting handheld and digital television businesses

July 17th, 2008 by

Filed under: Misc. Gadgets

Well, no wonder Hector Ruiz quit as the CEO of AMD earlier today — the chipmaker just announced its second quarter results, and they’re not good. In addition to an overall $269M operating loss, the company is taking an $876M charge against the purchase of ATI so it can abandon the handheld graphics and digital TV markets. To be honest, we hadn’t been hearing much about ATI’s plans in those areas, so it’s probably for the best the company is focusing on getting Barcelona out the door after the launch of Puma — but we doubt much is going to happen with a power vacuum at the top and a bottom line that’s bleeding red.

[Via Crave]

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Microsoft has an okay quarter, posts $4.3B profit

October 26th, 2007 by

Filed under: Misc. Gadgets

It’s quarterly report time, and we doubt the boys in Redmond mind taking a little shine off Apple’s big day with their first quarter results — especially since Microsoft posted profits of $4.3B on revenues of $13.7B, an increase of 23 percent over last year. The company attributed the great quarter not only to a 90-percent spike in Xbox 360 demand due to what the what analysts are amusingly calling the “Halo effect,” but also to strong performance by both Vista and Office — Microsoft says demand for Vista is “encouraging,” especially in markets like Brazil, India, and China. There wasn’t much mention of the company’s recent investment in Facebook or how Bill and the boys plan on reversing the online division’s loss of $264M, but when you’re playing around with four billion in profits, we suppose you can ignore pocket change like that.