Apple Computer profit rises by 41 percent
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Apple Computer Inc. said Wednesday its second-quarter profit rose 41 percent, beating Wall Street estimates, as sales of its iPod players continued to soar and Macintosh computer shipments increased by 4 percent.
Revenue for the quarter was $4.36 billion, up 34 percent from $3.24 billion in the year-ago quarter, but fell below the projections of analysts surveyed by Thomson Financial, who, on average, expected revenue of $4.54 billion. The analysts’ consensus earnings forecast was 43 cents per share.
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