Apple posts unexpected $6 billion holiday profits


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Apple posts unexpected $6 billion holiday profits

Apple made record profits and record revenues in the run-up to Christmas as shoppers bought more Macs, iPhones, and iPads than analysts predicted.

The company said that in the three months to 25 December, net profit was $6bn (£3.7bn) on revenues of $26.74bn.

Steve Jobs, Apple’s chief executive, said in a statement: “We had a phenomenal holiday quarter.”

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