2008 in review: Apple

31.12.2008

Apple is rolling in money

How about these for numbers: , , , and . Those are the quarterly earnings Apple reported for fiscal year 2008.

During the , Apple CEO Steve Jobs said the company had $25 billion in cash and no debt. However, the company’s stock the day Apple reported its fourth quarter results was trading at $91.49, a far cry from the $155.64 it was trading at during the first quarter results.

Mac sales continue to grow

I remember when Mac sales were counted in the hundreds of thousands per quarter, not millions. In the first quarter of 2008 Apple shipped 2.3 million Macs, up 44 percent over the same quarter in 2007; the second quarter was up 51 percent at 2.2 million; in the third quarter, Apple shipped 2.4 million, up 41 percent; and in the fourth quarter Apple 2.6 million Macs, up 21 percent.