Apple reports revenue grows 34% year-over-year

Apple today announced financial results for its fiscal 2006 second quarter ending April 1, 2006. The company posted revenue of US$4.36 billion and a net quarterly profit of $410 million, or $.47 per diluted share. These results compare to revenue of $3.24 billion and a net profit of $290 million, or $.34 per diluted share, in the year-ago quarter. Gross margin was 29.8 percent, equivalent to the year-ago quarter. International sales accounted for 43% of the quarter’s revenue.

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