Apple just posted its third quarterly results and it is well below Wall St. expectations while the results beat Wall Street’s expectations, the guidance issued for this quarter did not. The Apple stock has been hammered down to $149.70 (-10.08%) in after hours trading.

Here is a link to the financial statement and data summary

The gist -

• 2.5 million Macs sold (which includes my new MacBook Pro).
• 41% growth YoY
• Quarterly profit of $1 billion
• $7.46 billion in revenue
• International sales accounted for 42% of the quarter’s revenue.

iPhone numbers will come in the next quarter’s results.

These numbers look really good, I wonder what the Wall St. is expecting out of them?!

This entry was posted Tuesday, July 22nd, 2008 at 6:49 am and is filed under News. You can leave a response, or trackback from your own site.