Apple reports $410 million profit
Apple on Wednesday reported its fiscal second quarter earnings, posting a profit of $410 million on revenue of $4.36 billion—the second highest quarterly sales in Apple’s history. The company also reported increases in shipments of both Macs and iPods for the quarter.
“We’ve generated over $10 billion in revenue and almost $1 billion in earnings in the first half of fiscal 2006,” Apple’s CEO, Steve Jobs, said in a statement. “Our transition to Intel processors is going very well, and our music business just experienced another quarter of outstanding growth.”
The company shipped 1,112,000 Macintosh computers and 8,526,000 iPods during the quarter, representing 4 percent growth in Macs and 61 percent growth in iPods over the year-ago quarter.
Apple said that international sales accounted for 43 percent of the quarter’s revenue.
Looking forward to the third quarter Apple CFO Peter Oppenheimer said the company expects revenue of about $4.2 to $4.4 billion.