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Home : Rankings : IW 50 Best Manufacturing Companies : 2009 IW 50 Best Company Profile


IW 50 Best Manufacturing Company


June 2009 -- Apple Inc. rode the success of its next-generation iPhone 3G and the popular iPod to a 15% second-quarter 2009 profit increase. The company posted net income of $1.21 billion, or $1.33 per share, up from $1.05 billion, or $1.16 a share, in the year-earlier period. Revenue rose to $8.16 billion, compared with $7.51 billion in the year-ago quarter.

The company sold 3.79 million iPhones, representing a 123% increase over the year-earlier period. iPod sales totaled 11.01 million, a 3% gain over the same period last year. Apple sold 2.22 million Macintosh computers during the quarter, a 3% decline from the previous-year period.

"We are extremely pleased to report the best non-holiday quarter revenue and earnings in our history," said Apple CFO Peter Oppenheimer in an April 22 statement. "Apple's financial condition remains very robust, with almost $29 billion in cash and marketable securities on our balance sheet. Looking ahead to the third fiscal quarter of 2009, we expect revenue in the range of about $7.7 billion to $7.9 billion, and we expect diluted earnings per share in the range of about 95 cents to $1."

Further financial information is available at http://www.apple.com/investor.



Apple Inc.
Cupertino, California
http://www.apple.com
Primary Industry: Computers & Other Electronic Products

Executive 1: William Campbell, Co-Lead Director

Executive 2: Peter Oppenheimer, Senior Vice President; Chief Financial Officer
Revenues (US$ Millions) 32479
Revenue Growth (%) 35.3
Net Income(US$ Millions) 4834
Earnings Per Share (US$) 5.36
Total Equity (US$ Millions) 21030
Profit Growth (%) 38.27
Profit Margin (%) 14.88
Revenue Growth (%) 35.3
Return On Equity (%) 33.26
Debt To Equity Ratio (%) NA
Return on Assets (%) 33.26

Note: Financial data appeared in IW's June 2009 issue.

 

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