iPhones help boost Apple’s profits

iPhones help boost Apple’s profits
Apple’s profits have soared almost 50 percent in just three months, thanks in part to the popularity of the iPhone.
The tech giant has posted a quarterly net profit of $US1.67 billion, with the company announcing record sales of Macbook computers and iPhones.
Apple sold a record 5.2 million iPhones during the September quarter, a massive growth of 625 percent from the same period one year earlier, boosted by the introduction of the new iPhone 3GS model, and a substantial drop in price of the previous model.
We are thrilled to have sold more Macs and iPhones than in any previous quarter,” chief executive Steve Jobs said in a statement.
“We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.”

Apple’s net income soared almost 50 percent in just three months, thanks in part to the popularity of the iPhone, the company has revealed.

The tech giant has posted a quarterly net profit of $US1.67 billion, with the company announcing record sales of Macbook computers and iPhones.

Apple sold a record 5.2 million iPhones during the September quarter, a massive growth of 625 percent from the same period one year earlier, boosted by the introduction of the new iPhone 3GS model, and a substantial drop in price of the previous model.

“We are thrilled to have sold more Macs and iPhones than in any previous quarter,” chief executive Steve Jobs said in a statement. “We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.”

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