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Thursday, April 23, 2009

iPHONE CONTRIBUTES TO APPLE GROWTH




"Apple has been one of a few companies
where
business has been pretty strong throughout this economic downturn,"
said Eric Kuby, chief investment officer at Northstar Investment Management.

Apple shrugged off the economic downturn to report a 15% jump in profits for the first three months of the year.

Sales of its iPhone more than doubled from the same quarter one year ago, while iPod sales also grew. However, demand for Macintosh computers dipped.

Net profit rose to $1.21bn (£0.84bn) from $1.05bn in the same quarter a year ago, on sales up 8.7% to $8.16bn.

The results sent the company's shares 2.5% higher in after-hours trading.

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1 comment:

  1. peh, orang lain tengah budget dan rugi. Diorang boleh buat duit lagi tue..

    It shows that, the best always survive..

    ReplyDelete