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Apple posts $106 million profit on strong iPod sales

Apple on Wednesday posted a net profit of US$106 million, or 26 cents a share, for its fiscal 2004 fourth quarter ended September 25. These results compare to a net profit of $44 million, or 12 cents per share, in the year-ago quarter. Revenue for the quarter was $2.35 billion, up 37 percent from last year. Apple said it shipped 836,000 Macs and 2,016,000 iPods during the quarter, representing a 6 percent increase in CPU units and a 500 percent increase in iPods over the year-ago quarter.

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