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iPhone demand boosts Apple profit

2010-04-21 12:35:21

Strong sales of its iPhone and Macintosh computers helped Apple profits to leap

by 90% in the first quarter of 2010.

It made a net profit of $3.1bn ( 2bn) while revenue rose 49% to $13.5bn in the

three months to 27 March.

Apple said it sold about nine million of its popular smart phone - more than

double the figure from a year earlier.

And it shipped almost three million Macs and about ten million iPods. The

period did not include the iPad launch.

Apple chief executive Steve Jobs said the results were "our best non-holiday

quarter ever".

The profits were well ahead of market expectations, and sent its shares about

6% higher.

Apple sold more than 300,000 of its iPad tablet computer, on its launch day in

the US. The device goes on sale in Europe next month.

"We have several more extraordinary products in the pipeline for this year," Mr

Jobs added.

Story from BBC NEWS:

http://news.bbc.co.uk/go/pr/fr/-/2/hi/business/8633782.stm

Published: 2010/04/20 21:53:51 GMT