Apple News: Apple reports best quarterly revenue and earnings in its history

Announcing financial results for its fiscal 2008 first quarter, which ended December 29, 2007, Apple today posted revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share. These results compare to revenue of $7.1 billion and net quarterly profit of $1 billion, or $1.14 per diluted share, in the year-ago quarter. In attaining its highest revenue and earnings in company history, Apple shipped 2,319,000 Macs, a 44% unit growth and 47% revenue growth over the year ago quarter; sold 22,121,000 iPods, representing five percent unit growth and 17 percent revenue growth over the year-ago quarter; and sold 2,315,000 iPhones in the quarter.

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