Apple posts one billion dollar profit for the first quarter!
Posted by webstuffscan on January 18th, 2007
Apple annouced financial results for the first quarter yesterday. Total revenue crossed 7 billion and quarterly profit crossed 1 billion US dollars.
Apple shipped 1,606,000 Macintosh® computers and 21,066,000 iPods during the quarter, representing 28 percent growth in Macs and 50 percent growth in iPods over the year-ago quarter.
Wow! More than 20 million iPods per quarter! Profits may again jump this year if iPhone sales pick up. If the current iPhone buzz is any indication, crossing 2 billion profits is not far!
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