Linked by Kroc Camen on Wed 17th Dec 2008 19:32 UTC, submitted by risbac
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I don't know what accounting trick they use, but their report
http://images.apple.com/pr/pdf/q308data_sum.pdf says they made $7.464b for Q3 2008, of which $419M are from iPhones and related products and services.
I find it hard to believe they made 4.6 billions dollars out of iphones in Q3 2008. They would have had to sell 8 millions iphones or so in Q3 to reach that number and iphones would have to make more than half their revenue, meaning they would have sold more iphones than ipods and computers (portable and desktop) plus itunes combined... Their report says they sold 717 000 iPhones.
Is there something I'm missing, a nasty accounting trick perhaps?
Edited 2008-12-19 21:16 UTC






Member since:
2006-01-08
The 4.6B is from just the phones, not including Macs or iPods. Their total revenues last quarter were 11.7B non-GAAP, or 7.9B GAAP (subscription accounting, where they spread certain revenues over 8 quarters).