Apple Earnings Skyrocket: Profits 15% Higher than Q2 Last Year

Solid sales of Apple’s Macbook line, along with good movement of iPhones, gave Apple a healthy profit boost in the third quarter, even without CEO Steve Jobs at the helm. Profits increased 15 percent from a year ago, thanks in part to 2.6 million Macs sold, equating to a slight boost in sales even as other computer manufacturers falter. Meanwhile, iPhones were sold a staggering seven times more than the same quarter last year, and even though iPod sales fell 7 percent, Apple beat analysts’ expectations in revenue and profits per share. Jobs may be back at work now, having returned from medical leave, but perhaps the age of Chief Operating Officer Tim Cook is at hand. [via the New York Times]