Apple has today announced the results for its fiscal 2007 second quarter which ended March 31, 2007. Apple posted revenue of $5.26 billion and net quarterly profit of $770 million, or 87 cents per diluted share. These compare to revenue of $4.36 billion and net quarterly profit of $410 million (47 cents per diluted share) in the year-ago quarter.
Gross margin for the company was 35.1% up from 29.8% in the year-ago quarter. International sales accounted for 43% of Apple's quarterly revenue.
Apple shipped 1,517,000 Macintosh computers and 10,549,000 iPods during the quarter, representing 36% growth in Macs and 24% growth in iPods over the year-ago quarter.
"The Mac is clearly gaining market share, with sales growing 36 percent -- more than three times the industry growth rate," said Steve Jobs, Apple's CEO. "We're very excited about the upcoming launch of iPhone in late June, and are also hard at work on some other amazing new products in our pipeline."
"We are very pleased to report the most profitable March quarter in Apple's history," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the third fiscal quarter of 2007, we expect revenue of about $5.1 billion and earnings per diluted share of about $.66."