Apple Quarterly Results
Apple announced first quarter financial results, with a net profit of $295 million or $.70 per diluted share. These results compare to a net profit of $63 million or $.17 per diluted share in the year-ago quarter. Revenue for the quarter was $3.49 billion, up 74% from a year ago. Gross margin was 28.5%, up from 26.7% a year ago. International sales accounted for 41% of revenue. [Jan 12, 2005]

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