Contact:
Mag. My Hue McGowran
Phone: +43-1-81140-308
E-Mail: mcgowran@newsfox.com
Pressbox |
London (pte029/14.07.2005/13:41) - Apple Computer http://www.apple.com , the company that revolutionised the music industry by introducing the iPod, reported an increase four times what it was in the same period a year ago.
The iPod opened up the market in legal digital music distribution, outdoing the MP3 player.
The innovation also re-energised Apple's years of flagging sales - the company shipping 6.2 million iPods worldwide, a 600 per cent increase compared to the same time last year.
"They've blown away the expectations," said Robert O'Donnell, an analyst for researcher IDC. "It's great news for Apple."
In what analysts are calling the 'halo effect', satisfied iPod buyers' interests are also turning towards traditional Apple computers, which has led to a 35 per cent increase in sales over the same period in 2004.
The success of the digital music innovation has succeeded in allaying fears on Wall Street that the digital music industry was experiencing a slump.
Apple registered profits of 264 million euros (US$320m), compared to around 50 million euros last year during the same period. Revenue increased 75 per cent to a little over 2.9 billion euros ($3.5m).
April also saw a boost in sales with the latest version of the Apple operating system, Tiger. The software is installed in all new machines or costs just over 100 euros ($129). Having generated about 80 million euros ($100m), the software is the best performing software ever to have been released.
(end)
|