Apple Posts $55 Million Quarterly Profit -- Apple significantly surpassed analysts' expectations last week by posting a $55 million profit on revenues of $1.4 billion for its second fiscal quarter of 1998. This marks Apple's second consecutive profitable quarter, having earned $45 million in the first quarter of this fiscal year. In contrast, Apple lost $708 million dollars in this quarter last year, due in part to the acquisition of NeXT Software. According to Apple, just over half of the 650,000 Macs sold were G3 systems, and international sales accounted for 50 percent of total revenues in the quarter. [GD]
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Other articles in the series Apple Financials
- Apple Posts Strong Q4 2006 Financials (23 Oct 06)
- Apple Reports $472 Million Q3 2006 Profit (24 Jul 06)
- Apple Posts $410 Million Q2 2006 Profit (01 May 06)
- Apple Posts $565 Million Q1 2006 Profit (23 Jan 06)
- Apple Quadruples Q4 Profit (17 Oct 05)
- Apple Revenue Balloons to $3.5 Billion in Third Quarter (18 Jul 05)
- Apple Posts Highest Ever First Quarter Profit (17 Jan 05)
- Apple Reports $106 Million Fourth Quarter Profit (18 Oct 04)
- Apple Posts $61 million Q3 Profit, Confirms G5 iMacs (19 Jul 04)
- Apple Posts $46 million Q2 Profit (26 Apr 04)
- Apple Posts $44 Million Fourth Quarter Profit (20 Oct 03)
- Apple Posts $19 Million Q3 Profit (21 Jul 03)
- Apple Posts $14 Million Q2 Profit (21 Apr 03)
- Apple Posts $8 Million Loss (20 Jan 03)
- Apple Posts $45 Million Q4 Loss (21 Oct 02)
- Apple Posts $32 Million Q3 Profit (22 Jul 02)
- Apple Posts $38 Million Profit (21 Jan 02)
- Apple Posts $66 Million Profit (22 Oct 01)
- Apple Posts $61 Million Q3 Profit (23 Jul 01)
- PowerBook G4 Titanium Propels Apple $43 Million Profit (23 Apr 01)
- Apple Announces Less of a Loss (22 Jan 01)
- Apple Posts $170 Million Profit (23 Oct 00)
- Apple Posts $200 Million Profit & Returns to Circuit City (24 Jul 00)
- Apple Announces $233 Million Profit and 2-for-1 Split (24 Apr 00)
- Apple Posts $183 Million Profit (24 Jan 00)
- Apple Posts $111 Million Profit (18 Oct 99)
- Apple Pulls In $203 Million (19 Jul 99)
- Apple Pockets $135 Million in Profit (19 Apr 99)
- Apple Records $152 Million Profit (18 Jan 99)
- iMac Propels Apple to $106 Million in Earnings (19 Oct 98)
- Apple Racks Up $101 Million Profit (20 Jul 98)
- Jobs Announces $45 Million Profit (12 Jan 98)
- The good news (18 Oct 93)
- Small Apple Loss Better Than Expected (22 Jul 96)
- Apple Posts Quarterly... Profit! (21 Oct 96)
- Apple Posts Lower-than-Expected Q3 Loss (21 Jul 97)
- Apple to Reorganize & Lay Off 1,300 People (22 Jan 96)
- Fourth Down, $100 Million To Go (06 Jan 97)
- Apple Store Books $500,000 in 12 Hours (17 Nov 97)
- Apple Posts $161 Million Fourth Quarter Loss (20 Oct 97)
- Apple to Lose $700 Million (01 Apr 96)
- Apple Posts $708 Million Loss (21 Apr 97)
Published in TidBITS 426.
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Apple Posts $55 Million Quarterly Profit
by Geoff Duncan 
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