Year: 2003

Apple posts $19 million profit

Apple today posted a net profit of US$19 million, or 5 cents a share, for its fiscal third quarter ended June 28. These results compare to a profit of $32 million, or 9 cents, in the year-ago quarter. Revenue rose to $1.545 billion from $1.43 billion. Analysts had forecast Apple to report a net profit of 3 cents a share on revenue of $1.48 billion. Apple said it shipped 771,000 Macintosh units during the quarter.

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