Apple Profit Rises 90% on iPhone Sales
(Bloomberg) — Apple Inc. Chief Executive Officer Steve Jobs, after saying profit almost doubled last quarter, tantalized investors with the promise of “extraordinary” new products that analysts say may include an overhauled Apple TV.
Sales this quarter will be as high as $13.4 billion, Apple said yesterday, topping the $13 billion anticipated by analysts. The forecast came after a 90 percent surge in second-quarter profit on demand for the iPhone and Macintosh personal comp
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