Apple reports record profits
While the majority of technology manufacturers are struggling through the current economic recession, Apple is registering record profits.
The company has registered $10.17 billion in revenue and $1.61 in profit in 2009’s first fiscal quarter. The same quarter last year registered $9.6 billion in revenue and $1.58 billion in profit.
Apple sold 2,524,000 Mac computers during the quarter, representing nine percent unit growth over last year’s first quarter.
22,727,000 iPods were sold over the quarter, growing three percent on last year’s sales at the same time.
Finally, Apple sold 4,363,000 iPhones reflecting 88 percent growth over the previous year’s first quarter.
“Even in these economically challenging times, we are incredibly pleased to report our best quarterly revenue and earnings in Apple history—surpassing $10 billion in quarterly revenue for the first time ever,” said Steve Jobs, Apple’s CEO.
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