Apple Profit Soars - iPod Sales
Apple Computer Inc announced that its second quarter profit jumped more than sixfold due in main to the runaway success of their iPod music players.
The result was much stronger than anticipated.
This AP report explains…
For the three months ended March 26, Apples profit jumped to $290 million, or 34 cents per share, from $46 million, or 6 cents per share, a year earlier. Excluding certain unusual items, the computer maker said it would have earned $299 million, or 35 cents per share.
