Tuesday, June 9, 2009

Apple Beats Estimates, But Mac Sales Decline

The economy has not had the air of the growth of Apple yet. The company just reported earnings of $ 1.21 billion or $ 1.33 per share on revenue of $ 8.16 billion. The EPS results beat the average estimate by Wall Street analysts surveyed by 24 cents, and beat revenue estimates of $ 200 million.

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But Apple is not even escape the slowdown entirely unscathed. While sales of iPod has managed to gain a growth rate of 3% in the quarter a year ago, for a total of 11 million units, and the iPhone sales have increased by 123% compared to the year to 3.79 million units, sales of Apple Macintosh personal computers fell by 3% compared to last year period.

During a conference call with analysts, CFO Peter Oppenheimer said the decline in Mac sales is the result of exceptionally high Mac sales during the March quarter 2008 following the release of the MacBook Air, for this he called "hard to compare."

For the future of the company said it expects to report revenues of between $ 7.7 billion and $ 7.9 billion in its third quarter ending in June, and to report earnings per Action 95 cents and $ 1.00.

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