Apple reports its most successful quarter

James Delahunty
14 Jul 2005 5:00

Steve Jobs is no doubt delighted to report that Apple has had its "best ever" quarter. In the three months to June 2004, the California based firm's profit rose to $320m (£262.6m), up from $61m in the same quarter a year ago. Sales surged 75% to $3.52bn. As many of you may have guessed, the biggest factor behind the success was a six-fold increase in the sales of iPods. "We are delighted to report Apple's best quarter ever in both revenue and earnings," Mr Jobs said.
Jobs also pointed out that the great success of the launch of Mac OS X Tiger. There was also a rise in the shipments of Macintosh computers. On the entertainment side it seems to be good news all around as Apple's iTunes is approaching 500,000,000 legal music download sales. The success of Apple's iTunes Music Store helped the U.S. recording industry to see a massive rise in music downloads so far in 2005.

Source:
BBC News

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