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iPads and iPhones help Apple deliver strong Q4

Simon Quicke
Strong sales of the iPad and iPhones filtered through to Apple's Q4 results giving the vendor a strong set of numbers.

Revenues of $20.34bn and net quarterly profit of $4.31bn for the three months ended 25 September were up from $12.21bn and $2.53bn in the same period last year.

The vendor managed to shift 4.19m iPads in the quarter and 14.1m iPhones, but sales of iPods dropped by 11% compared to last year.

Steve Jobs, CEO of Apple, was understandably upbeat in his view of the quarter pointing out it had outsold RIM with its iPhone sales.

"We still have a few surprises left for the remainder of this calendar year," he added rising hopes of more upgrades and product launches. In response to improved component availability for the iPAd aanalyst firm iSuppli has increased its forecast of how many units of the tablet the vendor will shift this year up from its July forecast of 12.9m to 13.8m.

Rhoda Alexander, director of monitor research for iSuppli, said that more availability of components would enable more sales in the run up to Christmas.

"Despite ongoing yield issues, Apple's suppliers have steadily increased monthly production to meet Apple's demand. Production rates are now on target to meet the expected strong fourth-quarter sales."
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