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Apple posts $320 million profit

Submitted by Alexandros Roussos on Wed, 2005-07-13 19:27

Apple announced its quarterly results today (Q3 2005), after markets close. The company's revenues have reached the historic level of $3.52 billion, up 75% from last year, so did net profit which reached $320 million, up 425% from last year.

1.182 million Macintosh computers and 6.155 million iPods where sold during the quarter. In the software side Tiger brought a big part of the revenues. "The launch Tiger has been a tremendous success, and we have more amazing new products in the pipeline", said Steve Jobs, Apple's CEO.

The Q3 earnings call will be webcasted here.

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