iPhone and iPod Sales Lift Apple Profits Above Analyst Expectations
Stock price chart courtesy of Yahoo Finance
This news from Reuters might be somewhat unexpected if you (like me) have been reading about iPod market saturation (no one left to sell to) as well as the general awful state of the worldwide economy…
Apple profit beats expectations on iPhones, iPods
Earnings for Q1 2009 were $1.33/share vs. $1.16/share in the the 1st quarter of 2008. Analysts had projected $1.09/share. And, how many iPod were sold during the quarter? Analysts had projected 10 million units sold.
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