DALLAS, March 1, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring personal computer company Apple Inc. (Nasdaq:AAPL). The report includes financial, comparative and investment analysis, and pertinent industry information you need to know to make an educated investment decision.
It is available at: http://www.beaconequity.com/i/AAPL
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Apple Inc. (AAPL) designs, manufactures and markets personal computers, portable digital music players, and mobile communication devices and sells a variety of related software, services, peripherals and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, and third-party wholesalers, resellers and value-added resellers. In addition, the Company sells a variety of third-party Macintosh (Mac), iPod and iPhone compatible products, including application software, printers, storage devices, speakers, headphones, and various other accessories and peripherals through its online and retail stores, and digital content through the iTunes Store. It sells to consumer, small and mid-sized business (SMB), education, enterprise, government and creative customers.
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In the report, the analyst notes:
"AAPL in late January announced financial results for its fiscal 2010 first quarter ended December 26, 2009. The Company posted revenue of $15.68 billion and a net quarterly profit of $3.38 billion, or $3.67 per diluted share. These results compare to revenue of $11.88 billion and a net quarterly profit of $2.26 billion, or $2.50 per diluted share, in the year-ago quarter. Gross margin was 40.9%, up from 37.9% in the year-ago quarter. International sales accounted for 58% of the quarter's revenue.
To read the entire report visit: http://www.beaconequity.com/i/AAPL
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