22 Jan 2009

Record earnings at Apple

1:11 pm on 22 January 2009

Apple finished 2008 with record quarterly profit of $US1.61 billion with iPod sales hitting an all-time high.

The California company on Wednesday posted revenue of $US10.17 billion in the three months ending 27 December.

The results topped the profit of $US1.58 billion in the same quarter a year earlier.

Chief executive Steve Jobs said it was the first time Apple has surpassed $US10 billion in quarterly revenue.

Apple reported selling 2.52 million Macintosh computers during the quarter, representing 9% growth over the same quarter last year.

It also sold a record 22.73 million iPods during the quarter.