Apple Posts USD 565/EUR 468 Million Profit

On the strength of higher iPod and Macintosh sales, Apple on Wednesday posted a profit of $565 million [EUR 468 million] for its fiscal 2006 first quarter. Picking up from where it left off last year, Apple once again reported the highest revenue and earnings in the company’s history. These results compare to revenue of $3.49 billion [EUR 2.89 billion] and a net profit of $295 million [EUR 244 million]. Apple said that international sales accounted for 40 percent of the quarter’s revenue. Apple shipped over 1.2 million Macs and more than 14 million iPods during the quarter. This represents a 20 percent growth in Macs and a 207 percent growth in iPods over the year-ago quarter.

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