Apple Second Quarter Results

Apple announced their second quarter results which ended March 27, 2004.

For the first quarter, Apple posted a net profit of $46 million ($.12/share) compared to $14 million ($.04/share) in the same quarter last year. Revenue was up 29% to $1.909 billion when compared the same time frame.

749 thousand Macs were shipped while 807 thousand iPods were shipped this quarter. This represents a 5% increase in CPU shipments and a 909% increase in iPod shipments compared to Q2 2003.

The financial conference call will take place at 5pm EST.