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Apple Profits Up Due to mini and iPod

dmarx writes "The Ottawa Business Journal reports that Apple's profits have increased more than sixfold. Apple's Q2 profit was $290 million, or 34 cents/share; their total revenues were $3.24 billion. The iPod accounted for 31% of Apple's sales, about $1 billion." Commentary also available on BusinessWeek and ZDNet.

2 of 80 comments (clear)

  1. Things haven't changed in the stock market by UnknowingFool · · Score: 4, Insightful
    Net profit of $290 million (530% increase from last year), 5.3 million iPods sold (558% increase from last year). Stock price down $3 because analysts expected 6 million iPods.

    Sometimes I don't get it.

    --
    Well, there's spam egg sausage and spam, that's not got much spam in it.
  2. Re:mini Sales? by intmainvoid · · Score: 4, Insightful
    it would be fun to see how it did

    Not nearly as well as it would have done if they could supply enough to match demand, that's for sure.