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Apple reports profit of $472 million

Apple today announced financial results for its fiscal 2006 third quarter ended July 1, 2006. The Company posted revenue of US$4.37 billion and a net quarterly profit of $472 million, or $.54 per diluted share. These results compare to revenue of $3.52 billion and a net profit of $320 million, or $.37 per diluted share, in the year-ago quarter. Gross margin was 30.3 percent, up from 29.7 percent in the year-ago quarter. International sales accounted for 39 percent of the quarter’s revenue. As mentioned previously, the briefing is being broadcast live via QuickTime webcast.

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