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39% of Apple's profit from iPhone? - Steven Wevodau




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Author Topic: 39% of Apple's profit from iPhone? - Steven Wevodau  (Read 235 times)
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stevenwevodau
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« on: October 24, 2008, 04:15:47 PM »

How long can they keep this up?
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« on: October 24, 2008, 04:15:47 PM »


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stevenwevodau
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« Reply #1 on: October 24, 2008, 04:18:06 PM »

How long can Apple keep this streak up? During yesterday's conference call, Apple revealed that iPhone was responsible for 39% of the company's revenues in Q4 2008. Due to Apple's decision to report iPhone earnings as subscription revenue over 24 months, however, these numbers are not reflected in the $1.14 billion net profit and $7.9 billion in revenue reported yesterday. If they had been included, this would represent an additional $3.8 billion in revenue and an additional $1.3 billion in net income. http://steven-wevodau.com
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