Thursday, April 26, 2007

Apple Zooms Past Rivals, With 88% Profit Growth - New York Times

 Very impressive results

Apple Inc. surpassed even the most optimistic forecasts for its usually tepid second quarter, delivering an 88 percent increase in profit on strong sales of Macintosh computers and iPod music players.

The company said on Wednesday that its profit rose to $770 million from $410 million in the comparable quarter last year. Apple sold 1.5 million Macs in the quarter, a record for the company.

Source: Apple Zooms Past Rivals, With 88% Profit Growth - New York Times

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