Apple revenue grew 35% year-over-year to $9.6bn, an increase of
almost $2.5bn, according to its first quarter 2009 results posted
today.
The Company posted revenue of $9.6bn and net quarterly profit of
$1.58bn, or $1.76 per diluted share. These results compare to
revenue of $7.1bn and net quarterly profit of $1bn, or $1.14 per
diluted share.
Shipments of the
Apple Mac, which celebrates its 25th anniversary later this
week, rose 44% to 2,319,000. Quarterly iPhone sales were
2,315,000.
The company has been pushing the iPhone as a smartphone
alternative to Research in Motion's Blackberry device for the
mobile enterprise. Several enterprise companies including
Salesforce.com have developed add-ons to their enterprise suits
that allow iPhone users to access enterprise data.
However, earlier this week
Bernstein Research analyst Toni Sacconaghi warned that all
might not be well at Apple. "Near-term data points may not be
encouraging, given the lack of new products at MacWorld and Apple's
refusal to cut prices and the recent degradation in CEO Steve Jobs'
health situation clearly casts some uncertainty on the company's
future."