Apple announced Monday record Mac and iPhone sales for the September quarter, blowing past analyst expectations. The company sold 3.05 million Macs, 7.4 million iPhones, and for some spare change, 10.2 million iPods. GAAP revenue for the quarter was US$9.87 billion, and profits were $1.67 billion ($1.82 earnings per share). Non-GAAP revenue was $12.25 billion, while non-GAAP profits were $2.85 billion.
"We are thrilled to have sold more Macs and iPhones than in any previous quarter," said Steve Jobs, Apple's CEO. "We've got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010."
"We are delighted with our September quarter and fiscal 2009 results," said Peter Oppenheimer, Apple's CFO. "For the full year, we grew revenue by 12 percent and net income by 18 percent in extraordinarily challenging times. Looking ahead to the first fiscal quarter of 2010, we expect revenue in the range of about $11.3 billion to $11.6 billion and we expect diluted earnings per share in the range of about $1.70 to $1.78."
In addition to being a record quarter for Mac sales, units sales represent a 17% growth over the year-ago Mac sales. iPhone sales grew by 7%, despite concern in the last week or so that supply constraints during the quarter had stymied sales of the device. iPod sales represented an 8% decline from the year before.
Gross margins were 36.4%, a substantial increase from 34.7% from September of 2008.
Shares of Apple traded higher Monday, closing at $189.86 per share, a gain of $1.81 (+0.96%), on heavy volume of 30.9 million shares.
*In the interest of full disclosure, the author holds a small share in AAPL stock that was not an influence in the creation of this article.