Thursday, October 14, 2004

WSJ.com - Apple, Paced by Sales of iPods, Sees Profit and Revenue Surge

WSJ.com - Apple, Paced by Sales of iPods, Sees Profit and Revenue Surge "Apple's numbers show how the company continues to change from a traditional computer maker to a digital-entertainment company, with a particular focus in digital music. The growth in iPod sales was striking. The Cupertino, Calif., computer maker sold more than two million iPods during the quarter. In the same quarter a year earlier, Apple sold 336,000 of the devices; in the fiscal third quarter ended in June, Apple sold 860,000 iPods.
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Despite strong growth of iPod unit sales, Apple's Macintosh machines remained the biggest revenue generators. While iPods delivered $537 million of revenue, or 22.9% of overall revenue, Macintosh computers produced $1.23 billion, or more than 50%, of overall revenue. The company introduced an iMac G5 desktop computer in August. But Macintosh computer-revenue growth was up just 2.6% from a year ago."
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