Picture of steve jobs
Steve Jobs is looking forward to Christmas

Record Mac sales boost Apple's finances

Pre-tax profits up 67 per cent thanks also to healthy iPod and iPhone sales

Written by Bryan Glick

Record sales of Macintosh computers helped Apple to increase fourth quarter revenue by 29 per cent to $6.2bn (£3bn).

The supplier sold 2,164,000 Macs during the period, 34 per cent up on the same quarter last year.

Advertisement

As a result, pre-tax profit was up 67 per cent to $904m (£443m).

Consumer technology sales showed similar dramatic growth, with 10.2 million iPods sold – up 17 per cent year-on-year – and 1,119,000 iPhones shipped.

“We are very pleased to have generated over $24bn (£11.8bn) in revenue and $3.5bn (£1.7bn) in net income in fiscal 2007,” said Apple chief executive Steve Jobs.

“We’re looking forward to a strong December quarter as we enter the holiday season with Apple’s best products ever.”

Comments

White papers

Related jobs

More Accounting jobs

Spotlight

Andrew Higginson, Tesco Personal Finance

Profile: Andrew Higginson, CEO of Tesco Personal Finance

He’s spent more than a decade at the top of...

Top 30 Accounting Networks and Associations 2008

The race to become the biggest firm on the planet...

Barack Obama Accountancy Age cover October 2008

Obama: asset or liability?

What an Obama presidency could mean for you

Find your next job

Find your next job
Salary Checker

Job of the week

More finance jobs

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Your next job

Have your say

Will proposed tax cuts help to stimulate the economy?
Yes
No

Advertisement

Search white papers

Search white papers

Advertisement