Call it whatever you want, recession, economic crisis but it still affects people. Almost everyone is suffering except for Apple. The Cupertino-based company has posted its fiscal Q4 2009 earnings report and the numbers are quite impressive. Apple has brought in $1.67 billion in net profit and $9.87 billion in revenue.
Last year Apple only managed to bring in $1.14 billion in profit but in fiscal Q4 2009 the gross margin went up all the way to 36.6%.
46% of the quarter’s revenue comes from international sales while Mac sales went up 17% compared to last year. Apple sold 8% less iPods, probably because so many people already own one, while iPhone sales went up 7% compared to last year for a total of 7.4 million units.
Apple has also stated that it has a “new lineup for the holiday season and some really great new products in the pipeline for 2010.” Anyone ready to guess what 2010 will bring?
via Apple
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