Apple posts $295 million of profit, sells more than 1 million Macs

Today, Apple computer announced its financial results for the first quarter of 2005. Apple had revenues of $3.49 billion which represents a 74% increase over last year ($2 billion). The company has posted a net profit of $295 million, beating all analysts most optimist expectations with an increase of 368% over last year ($63 million).

Apple also announced it has sold 1.046 million Macs and 4.58 million iPods this quarter. Apple's Mac and iPod sales have increased respectively 26% and 525% since last year. These figures are simply amazing and haven't been reached by Apple for years.

Mac sales include 300 000 iMacs and 271 000 iBooks which were the most popular Macs during this quarter. PowerMac and PowerBook sales were slightly down though.

Apple (AAPL) stock price is up 11.21%, at $72.80, in after hours trading.

The webcast of the financial conference is available here. Official press release here.