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Apple Posts Q2 2005 Financial Results

Apple posted their second quarter results today.

Apple posted a net profit of $290 million or $.35 per diluted share - as compared to profit of $46 million or $.06 per dilluted share for the year-ago quarter (up 500%)

- Revenue was up 70% to 3.24 billion from the year-ago quarter.
- Gross margin was up to 29.8% (up from 27.8%)
- 1,070,000 Macintosh units shipped (43% increase)
- 5,311,000 iPods shipped (558% increase)

The financial results conference call takes place at 5pm ET.

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