iPhone News Desk
Apple Sells 2.3M iPhones in Q1; Profits Rise 58%
Cupertino, CA-based company also sold 22M iPods and 2.3M iMac PCs
By: iPhone News Desk
Jan. 23, 2008 05:30 AM
Apple's Chief Financial Officer Peter Oppenheimer reported yesterday that for its first fiscal quarter, the company earned $1.58BN, compared to $1BN for the same quarter a year ago. In a statement, Apple Chief Executive Steve Jobs said that the results showed the company posting its highest quarterly earnings and sales in history.
"This was the most expensive iPod we brought to the market for some time," Oppenheimer noted.
If Apple rises to the challenge of establishing a completely new type of iPod at the top of the line, then the 11% drop in Apple stock - down more than $17 a share to $138.49 - in after-hours trading yesterday may seem rather premature.Early Bird "Gold Pass" $295 For Two Days
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