Apple Profits Surge on IPod, Laptop Sales
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SAN JOSE, Calif. - Apple Computer Inc.'s fourth quarter earnings soared on strong sales of laptop computers and its popular iPod music players, helping the company notch its highest revenue for the quarter in nine years...
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Apple Computer Inc. AAPL.O on  Wednesday reported its quarterly profit more than doubled as it  sold more than 2 million iPod digital music players and said  results for the current quarter would top Wall Street  estimates.
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U.S. stocks rose on Monday, rebounding from last week's steep sell-off as optimism that Apple  would deliver strong earnings drove the Nasdaq to a gain of 1 percent.
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Apple sees profits surge 57% in the three months to December, but profit forecast disappoints.
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Apple Computer Inc. shares rose to a four-year high, erasing the slump triggered September 2000 by a disappointing profit forecast, as demand for the iPod digital music player surges before the year-end holiday shopping season.
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Apple Inc  beat Wall  Street targets with a 67 percent rise in quarterly profit on  Monday, led by strong sales of its Macintosh computers and a  big first full quarter from the iPhone, sending its shares up  nearly 6 percent.
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Apple&#39;s stock soared to a record high Tuesday amid analyst reports that sales of highly profitable iPhones easily rocketed past 300,000 after its US launch.
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Apple reported strong earnings for its fourth quarter on Monday, boosted by record Macintosh computer sales and the shipment of 1.12 million iPhones.
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Apple Computer Inc. reported yesterday that profit in its fourth fiscal quarter jumped 140 percent from the comparable quarter last year.
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Apple reported strong quarterly earnings boosted by record Macintosh computer and iPhone sales on Monday.Apple recorded net revenue for its first fiscal quarter, ended Dec. 29, of $9.6 billion, a 35 percent year-over-year increase, beating estimates of $9.47 billion from analysts polled by Thomson Financial.The company posted quarterly net profit of $1.58 billion, an increase from the $1 billion net profit from the year-earlier quarter. The company recorded earnings of $1.76 per share.Unit shipments of the iPod were 22.1 million units, a 5 percent growth over the year-earlier period. Apple sold 2.3 million iPhones during the quarter, a sequential increase from the 1.12 million iPhones it shipped in its fourth fiscal quarter. Apple shipped 2.3 million Macintosh computers, a 44 percent growth from the year-earlier quarter.According to figures from IDC, Apple&#39;s PC shipments in the U.S. grew 30.9 percent to 1.06 million during the fourth quarter last year with a 5.7 percent market share, behind Dell, Hewlett-Packard, and HP. Apple was not among the top five vendors in PC shipments worldwide, according to IDC.Apple announced Mac OS X Leopard operating system this quarter. It started off the new quarter with a bang, announcing&#160;a movie rental service for iTunes and a skinny laptop, the MacBook Air, which CEO Steve Jobs proclaimed was the &quot;world&#39;s thinnest notebook&quot; during a keynote address at the&#160;Macworld Conference and Expo in San Francisco.A week prior to Macworld, Apple announced revamped versions of the Mac Pro workstations and Xserve servers powered by Intel&#39;s power-efficient Penryn processors.
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Apple Inc  beat Wall Street targets with a 67 percent rise in quarterly profit on Monday, led by strong sales of its Macintosh computers and a big first full quarter from the iPhone, sending its shares up nearly 6 percent.
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Apple posted a quarterly profit today that more than quadrupled on skyrocketing sales of its iPod digital music players and strong demand for its PowerBook notebook PCs.
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Apple Inc  beat Wall Street targets with a 67 percent rise in quarterly profit on Monday, led by strong sales of its Macintosh computers and a big first full quarter from the iPhone, sending its shares up more than 5 percent.
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Stocks rose on Tuesday as strong earnings by Apple Inc.  and American Express Co  eased concern about consumer spending and profits.
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Apple Computer has announced that its fourth-quarter profit more than doubled because of continued strong sales of iPod music players, beating Wall Street estimates by a wide margin despite a shortage of semiconductors used in its computers.
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Stocks rose on Wednesday as Apple Inc.  gained on positive brokerage comments about new iPod players, leading a rebound in technology shares.
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Apple Computer Inc.'s fourth quarter earnings soared on strong sales of laptop computers and its popular iPod music players, helping the company notch its highest revenue for the quarter in nine years.