- Best Mac sales on any quarter ever
- Profit margin 12.4%
- Macs were 54% of total revenue
- Unprecedented demand for portable computers, over 60% of total Mac shipments were portable Macs
- Channel inventory of iPods was within range of 5-6 weeks
- iTunes accounts for 85% of songs downloaded in the US
- Apple Retail Stores revenue increased by $1 billion, 165 stores open
- Average revenue per store $5.9 million
- 50 percent of customers in stores were new to the Mac
- Most successful Back-To-School quarter ever
- Tax rate for Quarter 24%
- Cash balance is $10.1 billion
- 5.3 million Macs sold in the year and over 39 million iPods sold
Questions and Answers
- Very confident of future product pipeline, confident that customers will be pleased
- Expect music sales on iTunes Store to pick-up pace into the Christmas season
- Opened 41 Retail Stores in 2006
- Apple not pleased with Mac sales activities in Japan, working on improving this
- Strong iPod sales continue in Japan
- iTunes Store still run at break even level
- Expected to regain Mac inventory levels before the Christmas season, no forecasting available
- Leopard will be shipping in the Spring
- Customer reception to new iPod nano "exceptional"
- "Blow out Mac Quarter"
- iPod gross margin above 20%
- Over 1 million downloads of Boot Camp
- Apple continues to believe that "video will be big"
- iTunes Store operates in 21 countries
- 5800 employees in Retail Stores