25th
Apple Earnings Soar
Good news for indie Mac developers everywhere, Macs are selling like crazy:
“Apple sold 10.5 million iPods and 1.52 million Macs in the quarter ended March 31, boosted by demand for notebook computers and the low-cost iPod Shuffle. Falling prices for memory chips and screens increased the company’s profit margin.”
Apple Quarterly Profit Soars 88% on IPod, Mac Sales
“Apple Inc. said Wednesday that earnings soared 88% in its second fiscal quarter thanks to booming sales of iPods as well as the company’s line of Mac computers. The consumer electronics maker said earnings for the quarter came in at $770 million, or 87 cents a share, compared to earnings of $410 million, or 47 cents a share, for the same period last year. Sales for the quarter grew more than 20% to $5.26 billion. Analysts were expecting earnings of 64 cents a share on revenue of $5.17 billion for the quarter, according to estimates from Thomson Financial.”
