Apple’s Profits Up On iPod Sales

Apple’s just reported its Q3 numbers: it had a net profit of $106 million, compared to a net profit of $44 million in the year-ago quarter. Revenues were $2.35 billion, up 37 percent from the year-ago quarter.

Apple shipped 2,016,000 iPods during the quarter, representing 500 percent increase over the year-ago quarter.

On conference call: Peter Oppenheimer, Apple’s CFO: Music revenues (including iPod and iTunes) grew 370% in Q3, over the year-ago quarter…HP, which launched its iPod in September, accounted for 6 percent of iPod sales in Q3

iTunes: now has 70 percent share of legal downloads in U.S., based on Nielsen-SoundScan…

iTunes music storie expects to expand to additional European countries by end of this year…

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