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Apple profits soar on iPod demand | Apple profits soar on iPod demand |
(about 12 hours later) | |
Global demand for the iPod music player and other Apple products helped the technology firm boost profits by 27% to $546m (£292m) in the fourth quarter. | Global demand for the iPod music player and other Apple products helped the technology firm boost profits by 27% to $546m (£292m) in the fourth quarter. |
Apple Computer shipped more than eight and half million iPods for sale during the period, up 35% on a year ago. | Apple Computer shipped more than eight and half million iPods for sale during the period, up 35% on a year ago. |
It also saw the popularity of its computers soar - with sales of its desktop and laptop models hitting 1.6 million, a 30% rise on a year ago. | |
Chief executive Steve Jobs hailed a year of "extraordinary" progress. | |
'Exciting products' | 'Exciting products' |
Apple's international sales now account for 40% of its turnover. | |
The firm has sold more than 39 million digital music players and more than five million computers over the past year. | The firm has sold more than 39 million digital music players and more than five million computers over the past year. |
Total sales in three months to the end of September rose to $4.84bn from $3.68bn for the same period last year. | Total sales in three months to the end of September rose to $4.84bn from $3.68bn for the same period last year. |
Apple said it expected sales to shoot up to between $6bn and $6.2bn in the first quarter of next year. | Apple said it expected sales to shoot up to between $6bn and $6.2bn in the first quarter of next year. |
"Looking forward, 2007 is likely to be one of the most exciting new product years in Apple's history," Mr Jobs added. | "Looking forward, 2007 is likely to be one of the most exciting new product years in Apple's history," Mr Jobs added. |
While the iPod has been Apple's biggest success story, the progress it is making with computer sales has not gone unnoticed. | |
In January, it began using Intel microprocessors in its machines, as it tried to get a bigger slice of the PC market. | |
It said that more than half of the 323,000 computers sold in Apple's retail stores during the third quarter of 2006 were to customers who had never owned a Mac before. | |
"We were thrilled by that," said Apple's chief financial officer Peter Oppenheimer. |
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