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Home > Apple > Apple’s 1st Quarter Marks 15% Increase in Profits. Good Design Sells

Apple's 1st Quarter Marks 15% Increase in Profits. Good Design Sells

Thanks to the iPhone, Apple’s profits are 15% higher than they were a year ago: that’s $1.21B compared to $1.05B. Apple sold twice as many iPhone as it did in Q1 2008, showing that its design still have what it takes to win the hearts and wallets of customers, despite the economic crisis. iPod sales were up 3%, however Mac computers sales were down 3%. We wonder how iPhone apps and iTunes music/video sales contributed to the bottom-line.

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