Apple’s Profits Up 230%
Posted by Fraser Lovatt on 16 April 2004 at 4:00 pm | Tagged as: Business, Music, Audio Hardware
Apple has reported a a net profit of US$46 million (€38.4 million) in the three months up to March – almost entirely down to its popular iPod player. The iPod sold 807,000 units during that period, Apple’s CFO Fred Anderson has stated that the player accounted for half of the company’s revenue growth.
Also this week, Apple chose to rebuff RealNetwork’s overtures regarding the iPod – obviously the streaming technology company are keen to get a sniff of the action.
Rob Glaser, RealNetworks’ CEO wants to meet Steve Jobs but, as spokesman Greg Chiemingo told AP: “He’s in the neighborhood, but whatever meeting Rob wanted with Steve isn’t happening, Steve just doesn’t want to open the iPod, and we don’t understand that.”
Oh come on guys – what do you mean you don’t understand?
Let us spell it out to you: They have the most popular music player and the most popular music service and they seem to be doing quite well without sharing it with anyone.
Apple’s second quarter results
On this day, years gone by ...
- BT Home Hub: Wireless Security Vulnerabilities Discovered - 2008
- O2: 8GB iPhone £100 Price Drop - 2008
- Photographers Protest Over Police Harassment - 2008
- City of London Wi-Fi To Become Europe's Biggest Hotspot - 2007
- SxS Memory Cards From Sony And Sandisk Announced For Camcorders - 2007
- Apple Final Cut Server Launched - 2007
- Apple Final Cut Studio 2 Announced - 2007
- Backgrounder on Local Loop Unbundling in the UK Pt 3/3 - 2007
- NAB2005 - 2005
- Freeserve announce ADSL pricing - 2002











