Apple Posts $818 Million Profit for 3rd Quarter 2007

Sales of Mac notebooks grew 42% year-over-year … Music Business represents ~40% of Quarterly revenue … NPD reported iTunes became 3rd largest iTunes retailer in the U.S … Apple says it sold 270,000 iPhones in the 1st 30 hours of sales … Expect to sell 1 million iPhones by Sept 29th … 10 Million iPhones goal in Calendar 2008—Apple Posts $818 Million Profit for 3rd Quarter 2007