Thursday, January 22, 2009
Q1 2009 Results Exceed Expectations for Apple
Posted by Jeff Campbell in "Apple News" @ 07:00 AM
"Apple reported first-quarter earnings significantly higher than analysts had expected coming off a disappointing holiday season for most tech companies, but provided its usual conservative guidance."
Economic downturn and dismal holiday sales didn't seem to affect Apple. For the three-month period ending December 27th, they recorded $10.2 billion in revenue, net income of $1.6 billion and earnings per share of $1.78, all categories exceeding figures for the same period last year. Of course one of the first questions asked was "how is Steve?"