Apple posts $44 million profit, iPod sales soar

Apple on Wednesday posted a net profit of US$44 million, or 12 cents a share, for its fiscal fourth quarter ended September 27. These results compare to a loss of $45 million, or 13 cents a share, in the year-ago quarter. Revenues for the quarter were $1.715 billion, up 19 percent from the year-ago quarter. Analysts were expecting earnings of 7 cents per share, according to First Call.

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