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Hey Apple, How ‘bout a Loan?

Apple just posted some amazing quarterly earnings for Q1 2007 (which oddly covers the last three months of 2006). They had an astounding $7.1 billion (that’s billion, with a ‘b’) in revenue with $1 billion in profit. for reference, they earned $565 million (with an ‘m’ this time) in profits in the same quarter last year.

Other fun points:

  • 1,606,000 Macs were sold
  • 21,066,000 iPods ? so much for a saturated market

MacRumors has a good write-up available here. It even includes some Q&A from the conference call.

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Posted by Tony  on  01/06  at  01:36 PM

That is just unreal. They aren’t slowing down either. As a small business owner I would ask them to share the wealth. Cheers!