Year: 2002

Apple posts US$40 million profit

Apple this afternoon reported a second-quarter profit of US$40 million, or 11 cents per share, on revenues of $1.5 billion. Analysts had been expecting Apple to post a profit of 10 cents per share. Apple’s earnings were down a penny per share from the year-ago quarter, while revenues were up 4 percent. Apple shipped 813,000 Macs during the quarter, including 220,000 flat-panel iMacs. The company also announced that it plans to open another 20 retail stores this year and closed the quarter with $4.3 billion in cash.

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Mac OS X 10.1.4 released

Apple released Mac OS X 10.1.4 today via the Software Update utility. Version 10.1.4 delivers improved networking, security, and additional disc recording device support. Further details are available in the update’s Read Me file.

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iDraw 1.1 now available

MacPowerUser Software has announced the release of iDraw 1.1, an update to the company’s illustration and animation program for Mac OS X. Version 1.1 offers drag and drop support, PDF and EPS output options, a number of bug fixes and feature improvements, and more.

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