Apple up on strong revenue


Apple's stock was up in after-market trading after the company announced that they had earned a profit on increased revenues of 1.55B in the last quarter. Although still much smaller than the Microsoft Windows market (Apple is number 7 in personal computer sales), the showing was strong enough to beat the market's expectation of $.03 by $.02, not too shabby.

Sales were led by strong Powerbook and iBook sales, while the sales of desktops (both iMacs and G4s) declined.

Apple announced hitting the 6.5 million song mark and being "nearly break even" with their new music store.

The company also remarked that they had seen a 5% increase in education sales, which is a reversal of the overall decline in that market in general.