iPod sales up 24 percent from year-ago period
Posted by Dennis Sellers 
Apr 25, 2007 at 12:19pm
Apple shipped 10,549,000 iPods during the most recent financial quarter that ended March 31, Chief Financial Officer Peter Oppenheimer said in an interview with analysts and the press. That’s a 24 percent growth in iPods over the year-ago quarter.
Apple’s music products and services accounted for 44 percent of Apple’s revenue. Oppenheimer said that the iPod shuffle was especially possible, though Apple doesn’t give figures on sales of individual models. Apple ended the quarter with 4-7 weeks of iPod channel inventory, which is within the company’s goal.
The iTunes Store helped other music revenue grow 35 percent year over year. For the recent financial quarter, gross margins rose to 35.1 percent, up from 29.8 percent in the year-earlier quarter. However, Apple offered fiscal third-quarter guidance slightly below what analysts expected, forecasting revenue of $5.1 billion and earnings per share of 66 cents. Analysts had expected profit of 67 cents per share on revenue of $5.5 billion.
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Dennis Sellers
Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 10,000 magazine, newspaper and online articles to his credit. He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.
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