Apple’s Knockout Quarter

ThAmerica/New_York 20th 2006f July, 2006 - 2 Comments

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Zoinks! Apple turned in stellar quarterly results Wednesday, reporting its second highest revenue and earnings, which is not bad considering it’s the June quarter we’re talking about. The company sold a boat load of iPods (8.1 million), a lot of Macs (1.3 million), and the company’s higher education sales were through the roof (up 31% year over year).

There was a bit of angst heading into the quarter over iPod sales, and I think it safe to say that Apple surprised everyone. Certainly extended hours saw Apple trading higher by some 11.5% (at $58.83, up 6.07) when last I checked.

All that said, the biggest surprise to me was the fact that Peter Oppenheimer and COO Tim Cook were both a lot more open in a couple of situations where the company has historically been tighter than a drum head.

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