Apple posts $1bn profit for first quarter


Apple has announced a profit of $1.05 billion for the first quarter of 2008, up from $770 million in the same period last year. This came from revenues of $7.51 billion, up 43% year-on-year. During the quarter, Apple sold more than 1.7 million iPhones and 10.6 million iPods, with the latter representing a 1% increase...

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