Apple posted its handsome quarterly earnings
yesterday. They reported a gross margin of 36.3% (up from 34.8% in the year ago quarter), a revenue growth of almost 12% year over year to $8.34 billion, and a rise in quarterly profits to $1.23 billion ($1.35 per share).
Cupertino shipped 2.6 million Macs during the quarter, up 4% from a year ago. The iPhone earned its keep and then some, with sales growing 626% to 5.2 million in that segment. While iPod sales dropped by some 7% to 10.2 million units (the worst performance this quarter), CFO Peter Oppenheimer sees the iPod touch stealthily growing toward 10%.
Apple’s pockets are lined so well that speculation has arisen suggesting they couldn’t churn out iPhones quick enough. The company has admitted to the accusation
, saying that the demand has been staggering in nearly every country the iPhone ships. They say they’re unable to make enough 3GS units to meet demand – but, they’re working to address this and plan to launch the device in 20 more countries next month.