Record Apple sales
Rich Media
23 January 2008
Apple has posted profits of $9.6 billion and net quarterly profits of $1.58 billion, its best ever performance.
The iPod manufacturer's figures are greatly improved on last year's corresponding quarter, up by more than half a billion dollars.
The US company recently launched a wave of new products and upgrades to its existing range at the annual MacWorld Expo in San Francisco.
It revealed the Macbook Air, a super-thin laptop that does away with the traditional CD drive, Time Capsule, a wireless base station that automatically backs up multiple computers and an update for the popular iPhone.
In a further expansion of iTunes, chief executive officer, Steve Jobs promised that it would have "a thousand films by the end of February" and users "could watch them anywhere".
Paolo Pescatore, director of operator strategy at telecoms research group CCS Insight, said the effect of the company's iPhone had been pivotal in the mobile phone market.
"The awareness of the iPhone as a device, and its powerfulness, has forced the mobile companies to react and consider their own initiatives," the Times reports him saying.

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