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"&amp;lt;vc&amp;gt;Apple today announced financial results for its fiscal 2004 fourth quarter ended September 25, 2004. For the quarter, the Company posted a net profit of $106 million, or $.26 per diluted share. These results compare to a net profit of $44 million, or $.12 per diluted share, in the year-ago quarter. Revenue for the quarter was $2.35 billion, up 37 percent from the year-ago quarter. Gross margin was 27.0 percent, up from 26.6 percent in the year-ago quarter. International sales accounted for 37 percent of the quarter\\'s revenue.\r\n\r\nThe quarter\\'s results include an after-tax restructuring charge of $4 million. Excluding this charge, the Company\\'s net profit for the quarter would have been $110 million, or $.27 per diluted share.\r\n\r\nApple shipped 836,000 Macintosh units and 2,016,000 iPods during the quarter, representing a 6 percent increase in CPU units and a 500 percent increase in iPods over the year-ago quarter.\r\n\r\n\\\"We are thrilled to report our highest fourth quarter revenue in nine years,\\\" said Steve Jobs, Apple\\'s CEO. \\\"We shipped over 2 million iPods, our Retail store revenue grew 95 percent year-over-year, and the new iMac G5 has received phenomenal reviews and is off to a great start.\\\"\r\n\r\n\\\"We\\'re pleased to report 37 percent revenue growth for the quarter and operating margin above 5 percent,\\\" said Peter Oppenheimer, Apple\\'s CFO. \\\"Looking ahead to the first quarter of fiscal 2005, we expect revenue of between $2.8 and $2.9 billion, operating margin above 7 percent and earnings per diluted share of $.39 to $.42.\\\"\r\n\r\nFor the year, the Company reported net income of $276 million on revenue of $8.28 billion compared to net income of $69 million on revenue of $6.21 billion in 2003.\r\n\r\nAppleInsider will provide &amp;lt;a href=\\\"http://www.appleinsider.com/article.php?id=690\\\"&amp;gt;full coverage&amp;lt;/a&amp;gt; of the Apple FY 04 fourth quarter conference call, which begins at 5:00 pm EST."^^<http://www.w3.org/2001/XMLSchema#string>
<http://appleinsider.com/articles/04/10/13/apple_posts_106_million_profit_on_revenue_of_235_billion>