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Apple Q1 Earning Run High
1/25/2010 5:15:00 PM
Apple has had another highly successful quarter bringing the total valuation of the company to $50 billion dollars. as many are probably aware, Apple's first quarter growth was helped in part by laptop, iPhone and iPod sales.
(more...) The total number of iPhones sold during the first quarter came in at 8.7 million, while iPod sales where at 21 million units. While these numbers are below the same number sold last year, Apple was able to maintain the high level of units sold by opening new official markets.
During the conference call Apple CEO Steve Jobs made mention of numerous upcoming products. Things are definitely looking up for Apple this year.
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