5 years ago... iMac does the job as Apple profits soar

Five years on, for iMac read iPod...

By silicon.com, 15 April 2004 15:50

NEWS 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.

Comments

There is 1 comment. Join the discussion

  1. 1. anonymous

    Sadly, Macintosh sales were 10% higher
    in Q2 1999 than Q2 2004.

    Q2 Mac sales
    1997 1998 1999 2000 2001 2002 2003 2004
    602 650 827 1043 751 813 711 749

Post your comment

In order to post a comment you need to be registered and logged in.

Log in or create your silicon.com account below

Will not be displayed with your comment

By signing up for this service, you indicate that you agree to our Terms and Conditions and have read and understood our Privacy Policy.

Questions about membership? Find the answers in the Membership FAQ