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The Guardian - UK
The Guardian - UK
Technology
Jack Schofield

Apple profits beat Wall Street expectations

"Apple raced by Wall Street expectations for its third-quarter revenues and profits, mainly on sales of its Mac computers and iPod music players. The iPhone added only $5m (£2.4m) to the top line as it was in stores for only 30 hours before the company's quarter closed on June 30," reports Guardian Unlimited.



Apple shipped a record number of 1.764m computers, beating the previous company record for quarterly Mac shipments by over 150,000. That number was more than 33% more than last year. In total, computers and related services represented 60% of Apple's third-quarter revenues.





Apple shipped 9,815,000 iPods during the quarter, representing 21% growth year-on-year, and accounting for $1.57bn in revenue. The company said it still held more than 70% of the music player market.



This means the Mac has grown to 2.9% of the worldwide PC market, on Gartner figures, or 3.0% on IDCs. This puts it behind Toshiba (3.9%/4.1%), which came 5th in the latest Top Five with 2.4m PCs sold in the quarter.

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