Apple grows another 36%

Second quarter results show Mac popularity

26 April 2007 9:52 GMT / By Ryan Haynes

Following the announcements from Google and Amazon, Apple is showing its strength in the market with over a third growth.

Apple shipped 1.5 million Mac computers and 10.5 million iPods during the quarter, representing 36% growth in Macs and 24% growth in iPods compared to the same amount of time last year.

The Company has posted revenue of $5.26 billion and net quarterly profit of $770 million. These results compare to revenue of $4.36 billion and net quarterly profit of $410 million in 2006. Gross margin was 35.1%, up from 29.8%.

Apple's consumer base showed that its international sales were strong accounting for 43% of the quarter’s revenue.

“The Mac is clearly gaining market share, with sales growing 36% — more than three times the industry growth rate”, said Steve Jobs, Apple’s CEO. “We’re very excited about the upcoming launch of iPhone in late-June, and are also hard at work on some other amazing new products in our pipeline.”

This release gave the company another reason to mention the iPhone.