20 Oct 2009

Record sales at Apple

12:50 pm on 20 October 2009

Consumer electronics maker Apple has shrugged off the recession, posting a $US1.67 billion profit, in the three months to September.

Record sales of iPhones and computers drove Apple's revenue up by a quarter, to almost $US10 billion.

Sales rose 25% to $US9.87 billion. The company sold 3.1 million Macs, a rise of 19% from the same period a year ago.

Computer sales grew 17%, and iPhone sales climbed 7%, though there was an 8% drop in the number of iPods sold.

Shares in Apple closed at $US189.86 on the Nasdaq index.

Observers say Apple has fared the economic downturn very well.

Chief executive Steve Jobs said he was "thrilled" at selling more Macintosh computers and iPhones than in any previous quarter.

Apple's results come ahead of Microsoft launching its new Windows 7 operating system later this week.