Apple Posts $1.23 Billion Profit
Apple on Tuesday posted a quarterly profit of $1.23 billion on revenue of $8.34 billion, in what the company called "the best non-holiday quarter revenue and earnings in Apple history."
The company had posted a profit of $1.07 billion in the same quarter the year before.
Apple sold 5.2 million iPhones in the quarter- a 626 percent unit growth- and 2.6 million Mac computers, for a four percent increase. Sales of iPods declined seven percent.