Apple’s Q3 Net Income Triples; IPod Sales Surged

Apple Computer’s Q3 profit more than tripled as surging sales of iPods drove revenue for the period to an eight-year high. Net income rose to $61 million, from $19 million a year earlier. Sales rose 30 percent to $2.01 billion.

– Full results in earnings release

Highlights from conference call: Music-based revenue grew 186%; 860,000 iPods shipped, up 183% ($249 million); iTunes made a “small” profit this in Q3; HP branded iPod still on target to ship this summer.

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