[NEWS] ARTICLE: iSells: Apple beats Q4 earnings estimates

[phillynews215]

Whether DroidDoes or iDon't, one things for sure: Apple's raking in the cash. Today's fiscal Q4 2009 conference call confirmed that the gang in Cupertino know how to sell gadgets, even in a recession. Apple netted a cool $1.67 billion of profit on just under $10 billion in revenue this quarter, good for a rise in profits of over one half a billion dollars as compared to Q3 of last year. A jump of half-a-billion, during a recession. Not bad.

iPhone sales were up 7 percent over last year, while Mac sales jumped a whopping 17% based on Q3 '08. iPod sales were down 8 percent, but even Apple expected that, having said a few times earlier this year that the standalone iPod is on its deathbed, having given way to the connected media player (iPod Touch/iPhone).

Apple, of course, benefitted greatly from the continued gradual global rollout of iPhone. Almost half of the company's sales this quarter were international.

As for what's next, Apple CEO Steve Jobs dropped this vague nugget on call attendees before signing off today:

We've got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.

But what else would you expect, right? Tablet? e-Reader? iPhone re-design? Stay tuned.

Meantime, go read Apple's "Most Profitable Quarter Ever" press release for all the dirty details.







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