
Steve Jobs surprised analysts also last week by announcing an excellent quarter for Apple. In the three months to June 2004, the California based firm's profit rose to $320m (£262.6m), up from $61m in the same quarter a year ago. Sales surged 75% to $3.52bn. As many of you may have guessed, the biggest factor behind the success was a six-fold increase in the sales of iPods. "We are delighted to report Apple's best quarter ever in both revenue and earnings," Mr Jobs said.
Source:
Chicago Tribune