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[4:47 PM]
Apple Profits US$135 Million In Q2!
Apple announced a very strong profit in the 2nd Quarter, declaring US$135 million in profits or US$.84 cents per share. This compares to a profit of US$55 million or US$.38 per share in the 1st Quarter one year ago. Sales were US$1.53 billion which are up 9% from the year ago quarter

This profit does include a US$50 million non-recurring income from sales of over 2 million shares of ARM stock as well as a US$8 million one time charge for some minor restructuring changes. Combined, these two figures represent a US$42 million non-recurring revenue profit. Not counting this non-recurring revenue, Apple would have profited US$93 million or US$.60 per share.

According to Apple:

Strong sales of iMac(TM) and Power Macintosh(R) G3 computers drove overall unit growth to 27% year-over-year. This compares favorably to IDC's worldwide forecast for industry growth of 14%.

[Editor's Note: We have more detailed reports coming tomorrow, but we knew many of you would want to know some raw numbers.]

Apple



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