Apple Computer Soars as 4Q Net Tops Expectations

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Apple Computer Inc.’s fourth-quarter sales of its popular Macintosh computers set a record at 1.61 million units, Chief Financial Officer Peter Oppenheimer said.

Back-to-school sales were strong and sales of laptops rose 56% to almost 1 million units, Mr. Oppenheimer told Dow Jones in an interview.

“The September quarter was fantastic,” Mr. Oppenheimer said. “It was the best Macintosh quarter in our company’s history.”

The prior record for Macintosh sales was 1.38 million units in the first fiscal quarter of 2000.

Oppenheimer went on to say Steve Jobs will remain chief executive despite the company’s acknowledgment earlier this month that he was aware of a few instances when options were backdated. The company did not say when a review of options grants would be completed, though it expects to restate earnings, perhaps including its fourth-quarter report.

Mr. Oppenheimer said the company’s new MacBook computers sold well in the quarter, but did not offer unit sales figures.

For the quarter, Apple posted earnings per share of 62 cents and revenue of $4.84 billion, ahead of expectations. Its shares rose 5.8%, or $4.38, to $78.93.


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