Tag: q1-2005

Apple on Wednesday reported its best quarterly financial results in the company’s history. Apple posted a net profit of US$295 million, or 70 cents a share, for its fiscal 2005 first quarter ended December 25, 2004. These results compare to a net profit of $63 million, or 17 cents per share, in the year-ago quarter. Revenue for the quarter was $3.49 billion, up 74 percent from last year. Analysts surveyed by Thomson First Call had expected Apple to earn 49 cents a share on $3.18 billion in revenue.

Apple will release its first quarter financial results for 2005 on Wednesday, January 12, after the markets close. A conference call discussing the earnings will be streamed live via QuickTime starting at 5:00 p.m. ET. As always, MacMinute will bring you highlights from the call.