July 21, 2008

News: Mac & iPhone Help Apple’s Q3 Profits

Earlier today, Apple announced that third-quarter profits rose more than 30 percent to $1.07 billion, or $1.19 per diluted share, on sales of $7.46 billion for the three-month period ended June 30. This is slightly above the analysts’ projections of $7.37 billion for the quarter. Total profits rose 32 percent, while sales jumped 38 percent…