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NEW YORK Apple posted its first-ever quarter of more than $10 billion in revenue, in part due to sales of the iPod, which proved a popular holiday gift worldwide despite the U.S. recession.
The company said Wednesday that its revenue rose 6 percent to $10.2 billion in the fiscal first quarter ended Dec. 27, while earnings rose 2 percent to $1.6 billion.
The financial report came as Wall Street mulled news that the Securities and Exchange Commission was investigating whether Apple hid the truth about the poor health of CEO Steve Jobs, who recently began a medical leave.
The first question on a conference call yesterday was about Jobs, and it was answered by Apple COO Timothy Cook and CFO Peter Oppenheimer.
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