Apple Thoughts: Q1 2009 Results Exceed Expectations for Apple

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Thursday, January 22, 2009

Q1 2009 Results Exceed Expectations for Apple

Posted by Jeff Campbell in "Apple News" @ 07:00 AM

http://www.engadget.com/2009/01/21/...r-1-61b-profit/

"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?"


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