Apple LogoApple reported results for its fiscal fourth-quarter after the market closed today. Apple posted a $546 million profit on $4.84 billion revenue, beating Wall Street expectations. The company however warned that the results are preliminary and may be subject to significant adjustment as a result of a likely restatement of historical results.

These results compare to revenue of $3.68 billion and net profit of $430 million, or $.50 per diluted share, in the year-ago quarter. Apple said that international sales accounted for 40 percent of the quarter’s revenue. Apple shipped 1,610,000 Macs and 8,729,000 iPods during the quarter, representing 30 percent growth in Macs and 35 percent growth in iPods over the year-ago quarter.

“We are pleased to have finished the year with over $10 billion in cash and to have increased annual revenue by $11 billion in the last two years,” said Apple CFO Peter Oppenheimer. “Looking ahead to the first fiscal quarter of 2007, we expect revenue of $6.0 to $6.2 billion and earnings per diluted share of $.70 to $.73.”

Oppenheimer also revealed that fiscal year 2006 revenue from Apple’s chain of retail store increased more than $1 billion (US) over 2005. Apple’s 165 stores brought in $963 million in revenue for the quarter that ended Sept. 30, 2006, up 41% from the same period last year. Segment operating profit was $50 million.

Apple’s stores sold 323,000 Macs during the quarter, a record number that was up 63% over fiscal 4Q05. Mr. Oppenheimer said: “Over 50% of the customers buying Macs in our stores were new to the Mac. Applying that rate to the quarter’s results, we estimate that the average store added about 1,000 new Mac customers during the quarter.”

Average revenue per store was nearly $24 million for the full fiscal year, Mr. Oppenheimer noted, while average revenue per store for the last quarter was $5.9 million, based on an average of 158 stores open. More than 20 million people visited Apple’s stores during the quarter, with over 125,000 personal training sessions held.

*NOTE - In the interest of full disclosure, this author, ME holds a small amount of shares of AAPL stock that was not an influence in the creation of this article.

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