July 14, 2005

Apple Reports Results - iPod Shines

The music business and Apple seem to agree given their latest financial results. Earnings over last year increased 425% (not bad...) and Sales surged 75%. The iPod device proved to be the highlight.

Apple said it shipped 6.16 million iPods during the quarter ended June 25, a 616% increase from a year ago. Sales of the device totaled $1.1 billion -- up more than fourfold -- and thus accounted for almost a third of the company's total revenue. "The iPod numbers came through yet again,"

Posted by keefner at July 14, 2005 09:49 PM