Apple has announced revenues of $9.87 billion and net profits of $1.67 billion for its fiscal fourth quarter – up from $7.9 billion and $1.14 billion year-on-year respectively.The company sold 7.367 million iPhones during the quarter, with half a billion apps downloaded from its App Store in the three-month period. Meanwhile, the company sold 10.177 million iPods – down 8% year-on-year, although sales of the top-end iPod touch doubled in that period.Apple didn't break out any iTunes Store figures, other than to say that it had a “strong” quarter, and now has a catalogue of more than 11 million songs. But it's iPhone that's making Apple feel bullish: “Frankly, I think people are trying to catch up with the first iPhone two years ago,” said COO Tim Cook. “We've long since moved beyond that.”

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