Apple Q1 Profits Up 71pct at $6 Billion

Apple made record profits and record revenues in the run-up to Christmas as shoppers bought more Macs, iPhones, and iPads than analysts predicted.The company said that in the three months to 25 December, net profit was $6bn (3.7bn) on revenues of $26.74bn.Steve Jobs, Apple’s chief executive, said in a statement: “We had a phenomenal holiday quarter.”

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