Paul Stanway Jr
07-20-2005, 08:12 PM
Apple earnings top estimates
By Ina Fried
CNET News.com
Fueled by continued strong iPod sales, Apple Computer reported fiscal third-quarter earnings and sales that easily topped expectations.
The Mac maker said it earned $320 million, or 37 cents per share, on revenue of $3.52 billion for the three months ended June 30. In the same quarter a year ago, Apple earned $61 million, or 8 cents per share, on revenue of $2.08 billion. Analysts had been expecting the company to report earnings of 31 cents per share, with revenue of $3.34 billion, according to First Call.
Read more at http://news.zdnet.com/Apple+earnings+top+estimates/2100-3513_22-5787132.html?part=rss&tag=feed&subj=zdnn
By Ina Fried
CNET News.com
Fueled by continued strong iPod sales, Apple Computer reported fiscal third-quarter earnings and sales that easily topped expectations.
The Mac maker said it earned $320 million, or 37 cents per share, on revenue of $3.52 billion for the three months ended June 30. In the same quarter a year ago, Apple earned $61 million, or 8 cents per share, on revenue of $2.08 billion. Analysts had been expecting the company to report earnings of 31 cents per share, with revenue of $3.34 billion, according to First Call.
Read more at http://news.zdnet.com/Apple+earnings+top+estimates/2100-3513_22-5787132.html?part=rss&tag=feed&subj=zdnn