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Apple posts $1.58 billion profit; reports best quarter ever

by Robert Nelson on Jan 23, 2008 at 08:26 AM

Apple has posted some exciting news, their first quarter earnings have been the “best quarterly revenue and earnings in Apple history.” The first quarter earnings posted a revenue of $9.6 billion and a net quarterly profit of $1.58 billion. These numbers are up from a revenue of $7.1 billion and a net quarterly profit of $1 billion during the same quarter in the previous year.

These record breaking numbers come from sales that included 2.3 million computers, 2.3 million iPhones and 22 million iPods during the quarter. While the market share of the Mac may not be what the PC holds, its very hard to argue that these are impressive numbers.

Read [Apple]

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