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iPhones slow, iPods fall

Steve Jobs might want to change the name of his company back to Apple Computer Inc. after the latest quarterly financial results reported today.

Rick Merritt
Rick Merritt
Computing Editor

Macintosh sales were up a whopping 17 percent from the same quarter last year, hitting 3.05 million units. By contrast iPod sales dropped eight percent to 10.2 million units and iPhone sales grew at a relatively sluggish seven percent rate to 7.4 percent.

The figures are cyclical to some extent. Apple just launched a new suite of Macs. But the iPhone 3GS is still a relatively new product, released in June.

Apple chief operating officer Tim Cook said some of the iPhone slowdown was due to a shortage of the latest 3GS handsets now available in 64 of the 80+ countries where Apple sells cellphones. Nevertheless, some analysts expressed concern the rise of attractive iPhone-alike products including Google Android handsets will steal business from Apple.

End of the day, Apple still continues to grow strongly in a down economy with revenues of $9.87 billion and profits of $1.67 billion, both up significantly from the same quarter last year.



Posted by Rick Merritt on Oct 19, 2009 06:05 PM in Computing


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