Two million iPods sold in Q4
Two million iPods sold in Q4

Apple ships two million iPods in fourth quarter

Company reports highest Q4 revenue in nine years

Written by Steve Ranger, vnunet.com

Apple has unveiled the results for the fourth quarter of its 2004 financial year, revealing that it shipped over two million iPods during the period.

The company shipped 836,000 Macintosh units and 2,016,000 iPods during the quarter, a six per cent increase in CPU units and a 500 per cent increase in iPods over the same quarter a year ago.

Steve Jobs, Apple chief executive, said in a statement: "We are thrilled to report our highest fourth-quarter revenue in nine years.

Advertisement

"We shipped over two million iPods, our retail store revenue grew 95 per cent year-over-year, and the new iMac G5 has received phenomenal reviews and is off to a great start."

The company posted a net profit of $106m for the quarter, compared to $44m in the same quarter last year. Revenue for the quarter stood at $2.35bn, up 37 per cent from the year-ago quarter.

Gross margin was 27 per cent, up from 26.6 per cent a year ago, and international sales accounted for 37 per cent of the quarter's revenue.

Apple stated that the quarter's results include an after-tax restructuring charge of $4m. Excluding this charge, net profit for the quarter would have been $110m.

Chief financial officer Peter Oppenheimer said in a statement: "Looking ahead to the first quarter of fiscal 2005, we expect revenue of between $2.8bn and $2.9bn, operating margin above seven per cent and earnings per diluted share of $0.39 to $0.42."

For the year, the company reported net income of $276m on revenue of $8.28bn compared to net income of $69m on revenue of $6.21bn in 2003.

Tags:

Reader comments

More from Computeractive

News

The latest home computing news

Downloads

The best PC tools, applications and more

Reviews

Independent opinions on new hardware and software

Step-by-step guides

Easy-to-follow projects with pictures

PC Help

Solve PC problems with our Q&A

Videos

PC projects demonstrated and product reviews

Articles

An in-depth look at how to get the best from your PC

Magazine

What's coming up in Computeractive

Forums

Get help with your PC problems from our readers

Competitions

Your chance to win computing prizes

Shopping

Great deals on products, services and more

Computeractive CD Rom 10
All 26 issues of Computeractive from 2007 on one CD-Rom.

Ultimate Guide to PC Troubleshooting
Everything you need to know to solve your PC problems.

Create your own calendars softwareCreate your own Calendars
The fun and easy way to create your own calendars!

Computeractive - Issue 280Computeractive Back Issues
Missed an issue? Click here to find a back issue

Blogs

Windows Watch

Windows Watch

Keeping an eye on the latest XP and Vista news

Got a Mac? Get anti-virus.

02 Dec 2008Apple Mac users have long boasted that, unlike their Windows (sorry, sorry, "PC") counterparts, they don't need to spend time and money...

Download Junkie

Download Junkie

Your daily dose of download discussion

Get the free commercial version of TuneUp Utilties 2007 worth £30

01 Dec 2008Only recently did we tell you about the fantastic new release of TuneUp Utilities 2009 , which will enable you to tweak,...

Advertisement

Free email newsletters

Techno babble demystified...

[Display all definitions]

Or type in any computer-related word and click "Go"

Advertisement

Computeractive is not reponsible for content of Google adverts

Primary Navigation

© Incisive Media Ltd. 2008. Incisive Media Limited, Haymarket House,
28-29 Haymarket, London SW1Y 4RX, is a company registered in the United Kingdom with company registration number 04038503

Search computeractive.co.uk