Apple (NASDAQ:AAPL) released earnings for the third quarter ending June 25, 2005, on July 13.

(Figures in millions, except per-share data)

Income Statement Highlights (What's this?)

Avg. Est. Q3 2005 Q3 2004 % Change
Sales $3,340 $3,520 $2,014 +74.8%
Net Profit -- $320 $61 +424.6%
EPS $ 0.31 $0.37 $0.08 +362.5%


Margin Checkup (What's this?)

Q3 2005 Q3 2004 Change
Gross Margin 29.66% 27.76% +1.90%
Op. Margin 12.13%

3.57%

+8.56%

Net Margin 9.09% 3.03% +6.06%


Balance Sheet Highlights (What's this?)

Assets Q3 2005 Q3 2004 % Change
Cash+ ST Invest. $7,526 $4,966 +51.6%
Inventory $193 $72 +168.1%
Accounts Rec. $827 $629 +31.5%


Liabilities
Long-Term Debt -- -- N/A
Accounts Pay. $1,530 $1,061 +44.2%


Related Companies:

  • Dell (NASDAQ:DELL)
  • Hewlett-Packard (NYSE:HPQ)
  • Microsoft (NASDAQ:MSFT)
  • Sony (NYSE:SNE)
  • Gateway (NYSE:GTW)
  • IBM (NYSE:IBM)

Related Foolishness:

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At the time of publication, John Reeves did not own shares in any of the companies mentioned above. Fool rules are here.