Feeds

Apple soars on iPod sales

You love 'em, Apple loves 'em

Boost IT visibility and business value

Strong iPod sales helped Apple Computer claim its second highest quarterly sales and earnings figures ever, with a 48 per cent profit jump.

Apple shifted 8.1m iPods during the three months to July 1, 2006, a surge of 32 per cent over the same period last year and beating analysts' expectations of 7.5m units.

The results led Apple chief executive Steve Jobs to exclaim he was "extremely excited" by future iPod products in the company's pipeline. More details are expected at this summer's Worldwide Developer Conference in San Francisco.

Back on traditional computing ground, Apple shipped 1.3m Macs in the fiscal third quarter, an increase of 12 per cent. Three quarters of the Macs ran on Apple's new duel-core processors from Intel, which finally hit the market in spring.

Overall, the products contributed to 48 per cent growth in Apple's net income to $472m on net sales that increased 24.1 per cent to $4.3bn and earnings per diluted share of $0.54 - a 16 cent year-on-year rise. Wall Street had expected EPS of $0.44.

Looking ahead, Apple expects fourth quarter revenue of between $4.5bn and $4.6bn and GAAP earnings per share of between $0.46 and $0.51.®

Maximizing your infrastructure through virtualization

More from The Register

next story
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.