Www.batterylaptoppower.com - 2nd Update: Apple 1q Net Up 78% On Record Iphone, Mac And Ipad Sales

SAN FRANCISCO (Dow Jones)Apple Inc.s (AAPL) fiscal first-quarter profit surged 78%

as the company posted strong sales of iPhones and Mac computers, a performance that will likely allay investor concerns over the health of Chief Executive Steve Jobs.

The positive results were muted by the companys disclosure on Monday that Chief Executive Steve Jobs would take another unexpected medical leave. While Jobss leave shouldnt derail Apples Acer Laptop Battery current momentum, according to analysts, there could be longer-term implications. The companys stock recovered much of its loss during the regular session Tuesday, closing down 2.3% at $340.65. In late trading the shares were up 1.5% ato $345.55.

Chief Financial Officer Peter Oppenheimer avoided mention of Jobss situation during his prepared comments on a conference call with financial analysts.

But in a response to an analysts question, Chief Operating Officer Tim Cook said he was very confident about the future of the company because it has enormous opportunities, an incredible product pipeline and a deep bench instilled with a culture of excellence under Jobss leadership.

Were in some great markets, some fast-moving markets, we have the best products weve ever doneand an incredible product Acer as07b41 battery Acer batbl50l6 battery pipeline, said Cook. Excellence has become a habit. We feel very, very confident about the future of the company.

A main driver of growth for the quarter was the companys iPhone, which sold 16.2 million units, 86% more than a year ago. The smartphone earned more buzz last week when it was revealed a Verizon Wireless version would be available for the first time next month, ending AT&T Inc.s (T) exclusive hold over the device.

Apples results were characterized as a blowout success by analysts who were impressed both by the companys sales growth and its increased gross margin, which is a closely watched data point. Their business model continues to impress, said Gleacher & Co. analyst Brian Marshall, Acer aspire 5920 battery adding the iPads 7.33 million in unit sales was well above the rosiest estimates. I didnt think they could sell that many units.

Gartner Inc. (IT) analyst Van Baker was also impressed with iPad sales, noting they were well above the 1.5 million Samsung Electronics Co. Ltd. (005930.SE, SSNHY) Galaxy Tabs said to have been sold over the same holiday period.

Baker also noted that the companys laptop and desktop computers grew 23%, well above the industrys average growth. And though the Mac has been overshadowed by its iPhone and iPad cousins, Macs are clearly selling.

The maker of computers and electronics devices, which is notorious for giving conservative guidance, said it expects fiscal second-quarter earnings of about $4.90 a share on revenue of about $22 billion. Before the Acer aspire 4520 battery Acer aspire 6935g battery results, analysts polled by Thomson Reuters expected $4.47 a share on $20.7 billion.

For the quarter ended Dec. 25, Apple reported a profit of $6 billion, or $6.43 a share, from $3.38 billion, or $3.67 a share, a year earlier. Revenue surged to $26.74 billion, with 38% of the revenue coming from the U.S.

In October, the company projected earnings of about $4.80 on revenue of about $23 billion. Wall Streets latest expectations were $5.40 a share on $24.4 billion.

Gross margin dropped to 38.5% from 40.9%, the third straight quarter that metric dropped on year. Some analysts have expressed concern about the companys margins, saying the iPad isnt as profitable as other products.

Apple defied the economic slowdown with Acer aspire one zg5 battery hp 530 battery its slick laptops and smartphones. The iPad, a multimedia, Internet-enabled slate computer, has been a bigger success than even Apple had expected. It sold 7.3 million iPads in the latest quarter.

The company sold 4.1 million Macintosh computers in the latest quarter, up 23% from a year earlier. It also sold 19.5 million iPod media players, falling 7%. Sales have slowed for the iPod, although the unit has likely benefited from higher average selling prices, as more customers gravitate toward the iPod touch.

by: batterylaptoppower

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