Today Apple reported its third quarter financial results with the world which beat expectations. Apple sold more than $8 billion in sales and compared to a year ago, it increased by 12 percent. They also made a quarterly profit of $1.23 billion up by $400 million from the year before.
Apple said it is struggling to keep up with the sales demand of the new iPhone 3GS and said it had sold over 5.2 million iPhones in its third quarter alone, an increase of over 600% compared to the same time last year.
"Were making our most innovative products ever and our customers are responding," said Steve Jobs, Apples CEO. "Were thrilled to have sold over 5.2 million iPhones during the quarter and users have downloaded more than 1.5 billion applications from our App Store in its first year."Read more