Apple profits surge on iPod sales
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Apple sees profits surge 67% in the three months to September, thanks to demand for computers and iPods.
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Announcing financial results for its fiscal 2008 first quarter, which ended December 29, 2007, Apple today posted revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share. These results compare to revenue of $7.1 billion and net quarterly profit of $1 billion, or $1.14 per diluted share, in the year-ago quarter. In attaining its highest revenue and earnings in company history, Apple shipped 2,319,000 Macs, a 44% unit growth and 47% revenue growth over the year ago quarter; sold 22,121,000 iPods, representing five percent unit growth and 17 percent revenue growth over the year-ago quarter; and sold 2,315,000 iPhones in the quarter.
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Apple Computer yesterday reported first quarter revenues and profits that reached heights previously unseen by the company.
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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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The iPod helped Apple's profit get up and dance. Apple Computer Inc. reported Wednesday that net income for its fourth fiscal quarter jumped 140 percent from the same period a year ago. -The Washington Post
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Apple Computer Inc.  on Wednesday reported its quarterly profit more than doubled, on strong sales of its iPod digital music player and notebook computers and said revenue and earnings for the current quarter would top Wall Street estimates.
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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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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 Computer Inc. is boosting sales of its MacIntosh computers from owners of its iPod digital music player, a Piper Jaffray analyst wrote in a note to clients today.
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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 Inc  blew by analysts' estimates with a 67 percent rise in profit on Monday as the popularity of its iPhone and iPod boosted Macintosh computer sales, and its shares jumped 7 percent.
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Apple Computer beat third-quarter profit expectations, crediting the continued popularity of its iPod music players and growing interest in Macintosh computers.
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Apple Computer said yesterday its fourth-quarter profit more than doubled on sharp rise in sales of its iPod digital-music player.
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news analysis Apple's Mac sales are up, but it's hard to say how much the ubiquitous iPod has helped.
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Surge comes ahead of HP&#39;s version of iPod and the new iMac; Apple shares up 62% for the year. SAN FRANCISCO  - Shares of Apple Computer Inc.
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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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As expected, it was another great quarter for Apple, with Mac shipments leading the way as the company sold more than a million iPhones.