Apple today announced financial results for its fiscal 2008 third quarter ended June 28, 2008. The Company posted revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share. These results compare to revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share, in the year-ago quarter. Gross margin was 34.8 percent, down from 36.9 percent in the year-ago quarter. International sales accounted for 42 percent of the quarter’s revenue.

Apple shipped 2,496,000 Macintosh computers during the quarter, representing 41 percent unit growth and 43 percent revenue growth over the year-ago quarter. The Company sold 11,011,000 iPods during the quarter, representing 12 percent unit growth and seven percent revenue growth over the year-ago quarter. Quarterly iPhone units sold were 717,000 compared to 270,000 in the year-ago-quarter.

Commenting on this update, Steve Jobs, Apple’s CEO said “Proud to report the best June quarter for both revenue and earnings in Apple’s history. A new record set for Mac sales and busy finishing several more wonderful new products to launch in the coming months.”

Apple will provide live streaming of its Q3 2008 financial results conference call utilizing QuickTime, Apple’s standards-based technology for live and on-demand audio and video streaming.

Jaya /ITvoir Network