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5 years ago... iMac does the job as Apple profits soar
Five years on, for iMac read iPod...

By silicon.com

Published: Thursday 15 April 2004

15.04.99: Apple has posted profits of $135m for its second quarter ended 27 March 1999 - more than double its profit for Q2 last year.

The company says sales grew by 27 per cent following the strong performance of its iMac personal computer and Power Macintosh G3 business computers. Research company IDC predicted overall industry growth of just 14 per cent.

In a statement, Steve Jobs, Apple's interim CEO, said he was "delighted that Apple grew faster then the industry in its sixth consecutive profitable quarter".

The company recorded revenues of $1.53bn for the quarter - up 9 per cent on last year.

15.04.04: Five years later it's a case of same story, different device. This morning we posted a story saying Apple has recorded strong profits on the back of sales of its iPod music player.

Despite concerns over sound quality - there have been recent reports of static noise that disrupts playback on some models - the iPod has been flying off the shelf at such a rate that the company is struggling to meet the demand and has had to push back its worldwide launch.

Not yet familiar with the iPod mini? Then read our Cheat Sheet.


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