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Apple Reports Second Quarter Results: Earnings per Share Triples







Apple Reports Second Quarter Results:
Earnings per Share Triples

Apple Reports Second Quarter Results:
Earnings per Share Triples
04/14/2004 05:07 PM

Apple® today announced financial results for its fiscal 2004 second quarter ended March 27, 2004. For the quarter, the Company posted a net profit of $46 million, or $.12 per diluted share. These results compare to a net profit of $14 million, or $.04 per diluted share, in the year-ago quarter. Revenue for the quarter was $1.909 billion, up 29 percent from the year-ago quarter. Gross margin was 27.8 percent, down from 28.3 percent in the year-ago quarter. International sales accounted for 43 percent of the quarter’s revenue.




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Apple Reports Second Quarter Results: Earnings per Share Triples

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