APPLE: RECORD PROFITS AND TURNOVER IN Q4, IPAD BOOM

Apple recorded record profits and turnover in Q4 thanks to a boom in iPad and iPhone sales. Steve Jobs’ company recorded a net profit of 4.31 billion dollars, a rise of 70%, and a turnover of 20.34 billion dollars, against 12.21 billion in the same period of 2009. The biggest boost to Apple came from the iPad, the San Francisco company’s new device, 4.19 million of which were sold, against i 3.3 million in the previous quarter. A total of 3.89 million Macintosh computers were sold (+27% over Q4 2009), 14.1 million iPhones (+91%) and 9.05 million iPods (-11%).

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