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October 11, 2005
Q4 2005 Results
Posted by Sandy
Apple's financial results for Q4 2005 included the highest revenue and earnings in company history, a significant increase in computer sales and continued success for iPod. Details to follow after the conference call.
from the official press release:
“We’re thrilled to have concluded the best year in Apple’s history, with 68 percent year-over-year revenue growth and 384 percent net profit growth,” said Steve Jobs, Apple’s CEO. “This is the direct result of our focus on innovation and the immense talent and creativity at Apple. We could not be more excited about the new products we’re working on for 2006.”
“We’re very pleased to report 48 percent year-over-year growth in Mac shipments in Q4, as well as our 10th consecutive quarter of record iPod sales,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first quarter of fiscal 2006 which will span 14 weeks, we expect revenue of about $4.7 billion. We expect GAAP earnings per diluted share of about $.46, including an estimated $.03 per share expense impact from non-cash share-based compensation, translating to non-GAAP EPS of about $.49.”
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