iPods, notebooks help Apple double profits

[Mac Reporter]

Apple Computer on Wednesday reported its quarterly profit had more than doubled on strong sales of its iPod digital music player and notebook computers, and said revenue and earnings for the current quarter would top Wall Street estimates.

The fiscal fourth-quarter earnings per share were 50 percent better than Wall Street had expected. Apple shares, which have rallied steadily since late last year, jumped 4 percent in after-hours trade.

Net income for the fiscal fourth quarter ended Sept. 25 rose to $106 million, or 26 cents per share, from $44 million, or 12 cents per share, a year ago.

Read more at CNET News.com.