GristyMcFisty and Quakester2000 both used our news submit to let us know that iPod sales are still rocketing. Apple has announced that with the help of ts iPod player its profits have more than tripled. Profits in the 2nd quarter up until 26 June have reached $ 61m, up from $ 19m the same period last year. Sales have also risen from $ 1.55bn to $ 2bn. Apple has done very well despite concerns from investors and expects revenues of $ 2.1bn over the next quarter.
iPod sales have more than doubled to 860,000 in the 2nd quarter ($ 249m in revenue), up from 304,000 in the same period last year. Macintosh computers are also on the rise by 13.5%, up from 5% in the 1st quarter vs. the same quarter last year. Apple has sold 876,000 computers ($ 1.26bn in revenue) in the 2nd quarter up from 771,000 the same quarter last year.
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The company, which produces the must-have gadget as well as computers famous for their stylish design, also said it would meet earnings targets for this quarter. Apple shares climbed in electronic after-hours trading in New York. Frayed nerves The announcement may help reassure investors, many of whom have voiced concerns about future earnings growth in the technology industry. Stock markets in the US, Europe and Asia were dented on Wednesday after Wall Street bellwether Intel trimmed its forecast for this year's gross profit margin. For for information, see the CNET article here. |
It seems like there is no letting down on the iPod sales, particularly with sales approaching a million per quarter. It is interesting to see Macintosh computer sales also on the rise, however is unclear if the iPod have anything to do with this or if some users wish to change OS, but prefer a Mac over Linux or another PC OS.
Source: BBC News - Business
