Spawned by the success of the iPhone and iPad, Apple made its highest profit ever last quarter. The news comes comes at a good moment for Apple, as its stock value declined after Steve Jobs announced that he is ill.
Compared to last year, both profit and revenue grew over 70 percent. All Apple products sold better than in the same quarter last year, expect the iPod. iPod sales declined 7 percent. Apple keeps doiing good business, adding even more success to its trackrecord. The compant is growing the last years, and even passed Microsofts total stock-value.
It is interesting that more iPhones were sold as well. Apple had some issues with the handsets reception due to an alleged design flaw in the antenna. Bad reports were the consequence of the problems. It apparently didn't stop consumers from buying an iPhone. The success of the iPad adds up to that. A year ago, the device wasn there yet, and now it is responsible for a large part of the profit of Apple.