26 Jan 2010

Apple profit up by half

5:44 pm on 26 January 2010

Apple says its profit rose by half after a bumper Christmas period, in which sales of iPhones doubled from a year ago.

Profit rose to $US3.4 billion in the three months to December, compared with a profit of $US2.3 billion in the same period a year ago.

Apple says it sold 8.7 million iPhones in the period.

Sales of Macs also rose 33% to 3.36 million units, although iPod sales fell by 8%.

On Wednesday, the company is to announce a new product, widely expected to be a touch-screen "tablet" computer.