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Apple Posts $295 Million Profit

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Apple released 1st Quarter sales today with a net income of $295 million or 70 cents a share. This is up from $63 million or 17 cents/share in the same quarter last year.

iPod Sales were up 7x to 4.58 million units sold last quarter alone, bringing the total iPod sales figure to 10 million.

Meanwhile, total Mac sales rose 26 percent, selling 1.05 million Macintosh computers in the quarter, up from 829,000 a year ago.

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