Tuesday, October 21, 2008

Apple products-Outside reading blog #8

This week, I read an article about the incredible amount of Apple products being sold. This article was written by Jeffersen Graham. He talks about the amazing amound of sales of all the apple products. The best selling apple product is the iphone, bringing in 40% of Apple's profits. Apple has now sold 13 million iphones, 3 million more than the 10 million that was predicted to sell in the first calendar year. Also, more iphones have sold than blackberries. In the quarter, it was 6.9 million to 6.1 million. Apple has also been selling some of their other products very successfully. 11 million ipods have been sold. That's the best they've done in a non-holiday season. Apple computers have been selling strong aswell. Apple has sold 2.6 million more Apple computers than any other quarter. However, Apple does admit that sales dropped a little bit in September once the economy started falling rapidly. Even with this bit of a slump, Apple still has 25 billion in reserves and has zero debt.

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