As Tablet Looms, Apple Reports Soaring ProfitsBy Chris Weiss
The holidays appear to have been very fruitful over in Cupertino. Apple reported yesterday that its first-quarter profits rose to $3.38 billion, which represents a 50-percent jump from the year before. Cupertino enjoyed record sales of $15.68 billion during the quarter that ended December 26.
The sale of Macintosh computers helped to push Apple to the impressive sales totals; the company sold a record 3.36 million Macs, representing a 33 percent jump from the previous year. IPhones didn’t hurt Apple either as the company sold a record there as well (8.7 million) and enjoyed a 100 percent leap from a year before.
We’ll spare you the full financial breakdown–let’s just say that Apple is rolling in the dough and it’s most anticipated device of the year is just a day away from showing its beautiful face. It’s looking like a bright 2010 over in Appleland. [via AppleInsider and NY Times]