Wednesday, April 25, 2007

Apple posts higher profit on strong MacBook sales | Business News | Reuters.com

Reuters.com is reporting that Apple has posted higher profits then expected. This is due to strong sales in their MacBooks and their iPods. I've been considering a MacBook as of late because I could be needing it down the road. I like the construction and the qaulity of a macbook. However, I'm waiting for Leopard to come out first or the next generation of MacBooks to come out. Maybe this June, I'll have to wait and see.

"SAN FRANCISCO (Reuters) - Apple Inc. (AAPL.O: Quote, Profile , Research) posted on Wednesday a quarterly profit that soared 88 percent, fueled by strong sales of its MacBook computers and iPods.

Net income for Apple's fiscal second quarter rose to $770 million, or 87 cents per share, from $410.0 million, or 47 cents per share. Revenue rose 21 percent to $5.26 billion from $4.36 billion.

The results blew away Apple's own forecast of 54 cents to 56 cents and which has historically been cautious. Analysts expected Apple to earn 63 cents per share, on average, on revenue of $5.17 billion, according to Reuters Estimates."

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