Despite the global economic downturn, one company that’s riding the waves of this perfect storm is Apple. They’ve just announced annual profits to the end of September of £1bn ($1.62bn). This is up a massive 47% on the year before!
iMac sales grew by 17% but iPhone sales only by 7%. This could be because everyone who wanted an iPhone already had one by then, or it could have come from stronger competition in the smartphone market from HTC and Blackberry.
Shares in Apple closed at $189.68 yesterday but rose to well above $200 this morning after the bumper announcement.
As a breakdown Apple said they sold 3.1 million iMacs in the year 1st October ‘08 to 31st September ‘09 and shifted 7.4 million iPhones. They admit that their latest OS release ‘Snow Leopard’ has helped drive the boost in computer sales.
It’s rumoured that Apple have an announcement or two to make shortly, to try and scupper the hype surrounding the launch of Microsoft’s new operating system, Windows 7, on Thursday. This could include news of a new Apple Tablet computer, which would indeed set the world buzzing.
