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VIRTUALISATION Apple outperforms
VIRTUALISATION Apple outperforms | Apple outperforms |
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| by Stephen Withers | |
| Thursday, 23 April 2009 | |
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Various research firms have noted a decline in Apple's retail market share in the US, though at least one analyst reported that activity in Apple Stores seemed to be holding up. Now the second quarter figures are out. Apple achieved revenues of $US8.16 billion, and EPS of $1.33. Apple always does well in its first quarter, thanks to the effect of Christmas and other seasonal gift shopping, and so the second quarter looks bad by comparison. And 1Q09 was particularly good for Apple, with revenue exceeding $US10 million for the first time. But 2Q09 was the best-ever non-holiday quarter in the company's history. So while 'only' 11.01 million iPods were sold in 2Q09 compared with the record 22.72 million in 1Q09, that's still 3 percent up on 2Q08. Similarly, iPhone sales went from 4.36 million in 1Q09 to 3.79 million in 2Q09, the year-on-year increase was 123 percent compared with 88 percent in 1Q09. These huge increases are largely due to the introduction of the iPhone 3G and the resulting growth in the number of countries where the handset is sold. Now read on for the bad news. |
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