
Apple has posted record second-quarter results, with
sales up 43% year-on-year.
For the quarter ended 29 March, the company saw sales jump to
£3.75bn, with net profits of £525m, up from £385m last yea.
Gross margins were down, however, at 32.9%, compared with 35.1%
last year.
"We are delighted to report 43% revenue growth and the strongest
March quarter revenue and earnings in
Apple's history," said CEO Steve Jobs.
"With over £8.5bn in revenue for the first half of our fiscal
year, we have strong momentum to launch new products in the coming
quarters."
Apple started shipping the
iPhone to the UK market last November, and recently announced a
price cut on the basic model.