Apple impressed in its fourth quarter of financial year 2006, revealing a $546 million profit and setting a new record for Mac sales.
Profits climbed 27 per cent in the quarter. Apple stock climbed 4 per cent on the after hours market as investors welcomed the news, trading at $77.64 on the German market this morning.
Speaking to analysts, company executives made a series of announcements, which are recapped here:
- Apple sold 1.6 million Macs in the quarter, a new record for Mac sales, eclipsing the previous 1.38 million Macs sold in the first quarter of 2000.
- The 986,000 notebooks sold accounted for 61 per cent of new Macs sold.
- Apple's Mac business accounted for 58 per cent of the company's revenue in the quarter.
- iPod shipments climbed 35 per cent, year-on-year. There are 3,000 iPod products and 70 per cent of US 2007 model cars will offer iPod integration systems.
- The company claimed that in the UK, Canada, Japan, and Australia, iPod marketshare ranges between 40-50 per cent. The company claimed to have "picked up" around 6-7 percentage points of marketshare in France, Germany, Italy and Spain.
- Citing Nielsen SoundScan data, Apple said that 85 per cent of online music download sales in the US came through iTunes.
- Apple once again promised to deliver movie download services outside the US next year.
- Music products represented 42 per cent of Apple's revenue during the quarter.
- Over 4,000 Universal applications have now been made available as Universal binaries, which run natively on both Intel and PowerPC Macs. 80 per cent of the most important Mac applications will be available by the end of the year, the company said.
- Over one million downloads of Apple's beta Boot Camp software have taken place.
- Mac sales at Apple retail stores climbed 60 per cent year on year.
- 20 million people visited an Apple retail store in the quarter.
- Over half of the 323,000 Macs sold through an Apple retail store went to a user new to the Mac. This means each store open in the quarter added 1,000 new users to Apple's platform.
- US education sales grew 20 per cent. Sales of Apple notebooks in the US education segment climbed 49 per cent.
- Apple chief financial officer, Peter Oppenheimer, once again stressed that no current member of the Apple board is implicated in any misconduct that relates to the ongoing stock options investigation.
- Though revenue in the territory is up 26 per cent on stronger iPod sales, Mac sales fell 10 per cent year on year. Japan remains Apple's weakest market, and Apple is focused on improving its achievements there, the company said.
- Mac OS X 10.5, 'Leopard' will ship in spring 2007.
Responding to Apple's news Piper Jaffray analyst Gene Munster told CNN: "Apple changed paths tonight from being forever a niche player in the computer business to now being on track to be a legitimate market-share player."