Apple reports $290 million profit; 5.3 million iPods ship
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Apple is setting things on fire! With their iPods leading the way, the sales behind their computers are not doing too badly either I must admit. According to Macworld, this could be a continuing trend as Panther is about ready to come out soon.
Apple Computer on Wednesday reported a profit of US$290 million for the fiscal second-quarter of 2005. The company said that 1,070,000 Macintosh units and 5,311,000 iPods were shipped during the quarter, which ended March 26, 2005. This represents a 43 percent increase in CPU units and a 558 percent increase in iPods over the year-ago quarter.
The current quarter compares to a profit of $46 million, or $.06 per diluted share, in the year-ago quarter. Revenue for the quarter was $3.24 billion, up 70 percent from the year-ago quarter. [Read the rest]