Apple Q4 Profits

Apple reported a strong 47% increase in profit in the Q4 ending Sept 26, thanks to robust product line and increased sales in iPhone, Macs, iPod.

The key highlights are as follows:

• Revenue jumped 25% to 9.87 billion, with 52% sales in US.
• Gross Margin improved from 34.7% to 36.6%.
• 3.05mn Mac machines were sold - a 17% increase from last year.
• 7.4mn iPhone units sold, a 7% increase in year-on-year sales, plus good iPod sales thanks to price drops for boosting lagging sales.
  

Here's the chart of Apple's annual performance, courtesy Wikinvest.

Apple Historical Performance

	2006	2007	2008
Total Revenue ($M)	19,315	24,006	32,479
Net Income ($M)	1,989	3,496	4,834
Operating expenses ($M)	3,145	3,745	4,870