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Apple FY09 Q4 Earnings Call
 
4:56
Steve Sande -  Good afternoon, everyone! This is Steve Sande for The Unofficial Apple Weblog. We'll be getting started here in the next few minutes as Apple announces the Q4 earnings. We've seen the numbers, and they're GREAT!
4:58
Steve Sande -  While we're waiting and listening to some nice classical music:
Apple® today announced financial results for its fiscal 2009 fourth quarter ended September 26, 2009. The Company posted revenue of $9.87 billion and a net quarterly profit of $1.67 billion, or $1.82 per diluted share. These results compare to revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share, in the year-ago quarter. Gross margin was 36.6 percent, up from 34.7 percent in the year-ago quarter. International sales accounted for 46 percent of the quarter’s revenue.
4:59
Steve Sande -  And even more fun news:

Apple sold 3.05 million Macintosh® computers during the quarter, representing a 17 percent unit increase over the year-ago quarter. The Company sold 10.2 million iPods during the quarter, representing an eight percent unit decline from the year-ago quarter. Apple sold 7.4 million iPhones in the quarter, representing seven percent unit growth over the year-ago quarter.

“We are thrilled to have sold more Macs and iPhones than in any previous quarter,” said Steve Jobs, Apple’s CEO. “We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.”

“We are delighted with our September quarter and fiscal 2009 results,” said Peter Oppenheimer, Apple’s CFO. “For the full year, we grew revenue by 12 percent and net income by 18 percent in extraordinarily challenging times. Looking ahead to the first fiscal quarter of 2010, we expect revenue in the range of about $11.3 billion to $11.6 billion and we expect diluted earnings per share in the range of about $1.70 to $1.78.”

5:00
[Comment From Malcolm]
Will we see any new Macbooks before the year is over? A possibility maybe?
5:00
DavidWinograd -  Only 7% growth in iPhones? The supply restraint must be real.
 
5:01
Steve Sande -  That's a good question, Malcolm. I doubt if they'll use this call to announce new devices, though.
5:01
[Comment From AaronDouglas]
Can thank AT&T's upgrade policies on the growth factor. I still have my 3G and will not bother with the 3GS because of it!
5:01
DavidWinograd -  Who thinks, as I do, that Apple stock will drop a bit tomorrow? Selling on the news is a tradition.
5:02
Steve Sande -  LOL!
5:02
Steve Sande -  Me!
5:02
[Comment From Matthew]
The "really great products in the pipeline for 2010" pretty much confirms no iTablet this year
5:03
Steve Sande -  Agreed, Matthew. We're still waiting for the Apple folks to wake someone up to get on the call... Laughing
5:03
DavidWinograd -  I do believe we'll see iMacs tomorrow two days before Windows 7. It's time.
 
5:03
Steve Sande -  Interesting idea, David!
5:03
Steve Sande -  Here they go!
5:03
Steve Sande -  Nope. False alarm.
5:03
DavidWinograd -  No. Hurry up and wait.
5:04
DavidWinograd -  the call is on:  http://www.apple.com/quicktime/qtv/earningsq409/
5:04
Steve Sande -  Thanks, David. And somebody just cleared his throat.
5:04
DavidWinograd -  starting
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