Apple sees profits beat forecast
Posted by admin on 21 July, 2008 under Business news | 
Be the First to Comment
US technology giant Apple has seen profits beat forecasts, due to strong demand for Mac computers and iPods.
The firm saw profit climb to $1.07bn (£534m) in the fiscal third quarter, up 31% from $818m from a year earlier.
However, despite beating market forecasts the firm predicted lower earnings ahead.
The company shipped 2.5 million Macs in the quarter, marking a rise of 41% year-on-year, while shipments of its iPod music player rose 12%.
Add A Comment