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VodkaPundit

Get Well Soon, Steve – But Maybe Stay Home

April 23rd, 2009 - 10:07 am

Apple’s sales, margins, and profits are all up:

Apple today announced financial results for the second quarter of fiscal 2009. Apple posted revenue of $8.16 billion and net quarterly profit of $1.21 billion, or $1.33 per diluted share, compared to revenue of $7.51 billion and net quarterly profit of $1.05 billion, or $1.16 per diluted share, in the year-ago quarter. Gross margin was 36.4 percent, compared to 32.9 percent in the year-ago quarter, and international sales accounted for 46 percent of the quarter’s revenue. The numbers represent the best March Quarter revenue and earnings in Apple history.

Macintosh sales were down 3%, but iPod sales were up by that much, and iPhone sales jumped 123%. No company is recession-proof, but… damn.

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