Apple posts 61 million USD profit; G5 to power new iMac

Apple posted a net profit of US$61 million, or 16 cents a share, for its fiscal 2004 third quarter ended June 26, 2004. Apple said it shipped 876,000 Macs and 860,000 iPods during the quarter, representing a 14 percent increase in CPU units and a 183 percent increase in iPods over the year-ago quarter. During Apple’s third quarter conference call, CFO Peter Oppenheimer revealed that the next generation iMac, which will begin shipping in September, will be powered by the PowerPC G5 processor.

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