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Apple Posts Record Sales, Profits

Cupertino, Calif. – Apple rode a huge wave of iPhone, iPod and
Mac sales during its fourth quarter to post its highest revenue and net profits

The company generated $4.3 billion in net profit on sales of
$20.3 billion for the quarter. This is up from the $2.53 billion in net profit
and $12.1 billion in revenue posted during the same period last year, the
company said.

Apple reported it sold 14.1 million iPhones during the quarter, a
91 percent increase over last year, in addition to just more than 9 million
iPods and 3.9 million Mac computers.

iPad sales for the quarter were 4.2 million.

Apple CEO Steve Jobs specifically pointed out that iPhone sales
for the quarter outstripped those of RIM and that the company still had a few
surprises up its sleeve for the remainder of this calendar year.