Jul 16, 2004 • 1 min read

Apple's profits triple on iPod sales

Apple tripled its net income in the April to June quarter to $61 million, on revenue up 30% to $2.01 billion, helped by Mac sales and iPod popularity.

Apple Computers tripled its profits in the second quarter of 2004 following a massive 30% increase in revenue. Net income for the quarter Apr - Jun was $61 million, up from $19 million a year ago. Revenue rose to $2.01 billion from $1.55 for the same period last year. The boost was caused by an increase in the sale of Mac computers but also, crucially, the unstoppable popularity of the iPod digital music players.

With all of Apple's recent run of success, thanks mainly to their music ventures, Microsoft are really going have to shaft them on something sometime soon or us Mac users - who always like to think we're associating with the superior underdogs - are going to start getting edgy.

Great! You’ve successfully signed up.
Welcome back! You've successfully signed in.
You've successfully subscribed to CMU | the music business explained.
Your link has expired.
Success! Check your email for magic link to sign-in.
Success! Your billing info has been updated.
Your billing was not updated.
Privacy Policy