Apple outperformed their initial forecast in the second quarter posting profits of $1.05 billion, or $1.16 per share. Selling, 1.7 million iPhones, 2.2 million Macs, and 10.6 million iPods, total revenue was reported at $7.51 billion. Amidst all the financial (read: dry) news, Apple did drop some interesting tidbits via conference call with financial analysts and members of the media (via AppleInsider):
- Over a third of the companies the Fortune 500 have signed on as developers for the iPhone
- Over 200,000 people have downloaded the SDK
- Apple beat its own internal forecast for iPhones thus resulting in shortages
- Apple is aware of the demand to unlock and resell, claiming this is a snapshot of worldwide demand
- Revenue for the iPhone (starting March 6th, SDK announcement) will be deferred until the 2.0 update ships
- International Carriers are free to price the iPhone as they wish
Overall, it seemed to be a pretty good financial quarter for Apple. The iPod is still selling strong and its 'halo effect' on the Mac is still shining. As Apple releases an update to the iPhone, it'll be easy to reach their lofty goal of selling 10 million iPhones by the end of 2008.