Apple Reports Fourth Quarter Results
So, this week Apple posted exceptional results for Q3 or 2009 (their fiscal fourth quarter), showing adjusted revenues of $9.87 billion dollars representing $12.25 billion in actual sales in the period. (The company has to adjust sales for the iPhone and Apple TV over their estimated economic lives to meet GAAP accounting rules.)
Both Mac computers and iPhones saw unit growth over the year-ago quarter, while the iPod fell slightly. The company sold more Macs and iPhones than it ever has in a single quarter, suggesting amazing staying power across its product lines.
For the full year, Apple posted revenue growth of 12 percent and net income grew 18 percent, suggesting that being in the business of selling Macs and iPhones is simply a nice place to be.
Apple gave guidance pointing toward $12 billion in revenues for their Q1 2010 (Q4 2009), suggesting they plan to sell some stuff for the holiday season. Probably a safe bet.
Apple Reports Fourth Quarter Results.


