iPod sales fuel Apple profit leap
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Looks like Apple is having strong iPod sales, but stock value is still going down.
Apple sold more than five million iPod digital music players in the first three months of 2005, helping it to boost quarterly income six-fold. Buoyant sales of iPods helped the firm raise its net income by 530% to $290m (153m; 224m euros), compared with $46m for the same period last year. Revenues rose 70% to $3.24bn after good growth in all product categories.
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