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Apple Posts Profit on iPod Sales

January 22, 2009 By Mike Hickerson 1 Comment

Driven by Christmas sales for its popular iPod players, Apple reported its first quarter of $10 billion sales in the first quater of the fiscal year according to the Hollywood Reporter.

Apples said Wednesday that its revenues rose 6% to $10.2 billion in the fiscal first quarter that ended Dec. 27, while earnings rose 2% to $1.6 billion.

The financial report came as Wall Street mulled news that the SEC was investigating whether Apple hid the truth about the poor health of CEO Steve Jobs, who recently announced a medical leave.

On a conference call Wednesday, the first question was about Jobs, and it was answered by both COO Timothy Cook and CFO Peter Oppenheimer.

Beyond revenue, Apple also set records by selling 22.7 million iPods — up 3% from a year ago — and logged its biggest quarter ever for its iTunes store, though Apple didn’t offer specific numbers regarding the latter.

Sales of Mac computers rose 9% to 2.52 million but sales of iPhones fell — not unexpectedly –14% to 4.3 million.

Filed Under: Technology News

Comments

  1. Lejon from Chandler says

    January 22, 2009 at 6:06 pm

    There are so many statistics in this article it’s hard to tell just how really screwed over the people buying iPods are.

    Reply

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