In a conference call Wednesday, Apple, Inc. reported a revenue of $7.1 billion for the first quarter ended December 30, 2006. The results represents a 25 percent increase over the year-ago quarter’s results of $5.7 billion and a record-breaking profit of $1 billion.

Apple impressively shipped 1.6 million Macs but an even more impressive 21 million iPods, a 50 percent growth from the year-ago quarter.

“We are incredibly pleased to report record quarterly revenue of over $7 billion and record earnings of $1 billion,” said Steve Jobs, Apple’s CEO.
With such strong earnings, Apple is certainly excited for the upcoming year. Just over a week ago Apple announced two brand new products, Apple TV and the iPhone, which will be shipping next month and in June, respectively.

“We’ve just kicked off what is going to be a very strong new product year for Apple by launching Apple TV and the revolutionary iPhone.” Steve Jobs highlighted his keynote address at MacWorld by introducing the much hyped iPhone, which combines a cell-phone, iPod and internet communicator.
In other Apple related news, the conference call also revealed some scarce details on Apple’s upcoming operating system, Leopard, which was not at all mentioned at MacWorld. According to Apple it’s still slated for a spring ‘07 release.






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