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Apple Computer, buoyed by the sky-high success of the iPod, has seen first quarter earnings quadruple. The figures were at the top of Wall Street expectations.
Indeed the iPod saw sales growth of over 525% compared with 2003. Over 4.6m of the music players eventually shipped.
Even the old iMac performed well with over a million shipped. Evidence of the "halo effect"?
Revenue shot up from £2.01bn to $3.49bn. Net income amounte to 70 cents per share or $295m in the period ending December, up $63m.
Hoping to build on the success of the iPod, Apple launched the Mac mini. This small desktop computer, Apple hopes, will lure people away from PCs. In the past Macs have been seen as good quality engineering but pricey.
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