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Apple reports strong earnings

by on20 October 2009


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Readies more hot gadgets for 2010


Apple has
reported its fiscal Q4 results and it has surprised even the most optimistic analysts. The fruit themed outfit reported a $9.87 billion revenue and $1.82 earnings per share.

Demand for Apple's iPhones remains steady and over 7.4 million units were sold which was in line with expectations and marked a slight increase year-on-year. However, it seems the iPhone is cannibalizing the iPod market, as sales of Apple's iconic media players have dropped 8 percent to just over 10 million units. Mac sales also exceeded expectations, with 3 million units shipped in the usually weak quarter. 

Charismatic CEO/Messiah Steve Jobs announced that Apple plans to launch some "really great products" in 2010. As with all cults, it's rather hard to get any inside info from Apple, and the interweb is speculating that the outfit will launch several new products later today, ranging from all new multi-touch magic mice to iMacs and MacBooks. Apple is also rumoured to be developing a tablet PC, but details are quite sketchy. There have been quite a few conflicting rumours on the possible launch date and spec, so we'll just leave it at this, for now.
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