Apple Computer posts profit on healthy iPod sales
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Apple Computer posts profit on healthy iPod sales
SAN FRANCISCO, Jan 14 (Reuters) - Apple Computer Inc. (NasdaqNM:AAPL - News) on Wednesday posted a strong profit compared with a year-earlier net loss, fueled by robust sales of its iPod digital music player.
Cupertino, California-based Apple reported net income for its first quarter ended Dec. 27 of $63 million, or 17 cents, compared with a year-earlier net loss of $8 million, or 2 cents a share, which included a restructuring charge and an accounting adjustment.
Revenue rose to a four-year high of $2.01 billion from $1.47 billion a year earlier.
Cupertino, California-based Apple reported net income for its first quarter ended Dec. 27 of $63 million, or 17 cents, compared with a year-earlier net loss of $8 million, or 2 cents a share, which included a restructuring charge and an accounting adjustment.
Revenue rose to a four-year high of $2.01 billion from $1.47 billion a year earlier.
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