Apple earns $1 billion record profit in Christmas quarter

[Bob Crabtree]

Apple says that its revenues in the first quarter of its present financial year were a record $7.1 billion and generated a record net profit of $1 billion - equivalent to $1.14 per diluted share.

During that fiscal 2007 first quarter ending Dec 30, 2006, the company reports shipping over 21 million iPods - half as many again as in the same period last year - and more than 1.6 million Mac computers, an increase of 28 per cent.

More.

[t_aitch]

Wonder if theyll top that by the end of the year with the release of the iPhone?

[UK2004]

Phenomenal figures, I think the iPhone success in UK will all depend on network compatibility.