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Apple reports its most successful quarter

14 July 2005 5:00 by James "Dela" Delahunty | 6 comments

Steve Jobs is no doubt delighted to report that Apple has had its "best ever" quarter. In the three months to June 2004, the California based firm's profit rose to $320m (£262.6m), up from $61m in the same quarter a year ago. Sales surged 75% to $3.52bn. As many of you may have guessed, the biggest factor behind the success was a six-fold increase in the sales of iPods. "We are delighted to report Apple's best quarter ever in both revenue and earnings," Mr Jobs said.

Jobs also pointed out that the great success of the launch of Mac OS X Tiger. There was also a rise in the shipments of Macintosh computers. On the entertainment side it seems to be good news all around as Apple's iTunes is approaching 500,000,000 legal music download sales. The success of Apple's iTunes Music Store helped the U.S. recording industry to see a massive rise in music downloads so far in 2005.

Source:
BBC News

Permalink to this article

iTunes launches in Japan (4 August 2005)

HP to stop reselling iPods (31 July 2005)

The iPod revolution will trigger more 'musical hallucinations'? (28 July 2005)

iTunes 500 million target reached (18 July 2005)

Legal music downloads way up in 2005 (14 July 2005)

Napster failing to impress students (9 July 2005)

Apple giving prizes to downloaders until 500 million target is reached (8 July 2005)

Apple merges iPod and iPod Photo (30 June 2005)

Apple adds podcasting to iTunes (30 June 2005)

European iTunes stores have sold 50 million songs (23 June 2005)

Could legal downloads actually surpass piracy? (22 June 2005)

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Discuss this article!
Reasons? (Inactive) 14 July 2005 15:49
The only reason is the sudden mainstream Ipod burst. Everything else they have doesn't sum up to other alternatives. Especially Tiger, wow, it has all these gay gadgets, who cares? [ + quote]
spooky2k (Member) 14 July 2005 16:23
much rejoicing takes place Reaons?:..enough people care to give apple its best quarter :P [ + quote]
Reasons? (Inactive) 14 July 2005 16:50
That's true, but the enough people, mostly own a PC with WinXP and just have their Ipod hooked up to it. [ + quote]
arcanix (AfterDawn Addict) 14 July 2005 22:37
Soon they will make itunes only available for mac, then they start selling ipods and macs in same package. [ + quote]
sidekick1 (Inactive) 15 July 2005 7:09
Apple won't make iTunes unavailable for PC, your going to have to watch the wily Micro$oft as they empliment their own version of iTunes and tune out Apples software. If Apple makes iTunes for Mac only, they would be limiting their line of Legal music downloads (that doesn't make sense.) Not all of the Quarters success was to iPods & iTunes there was a big price drop in G5 Macs which also helped in the profits... [ + quote]
arcanix (AfterDawn Addict) 15 July 2005 12:39
It was a joke. Clearly not a good one because I'm explaining it here :p [ + quote]