Apple (AAPL) announced today that it has hit a rather notable milestone, their first-ever $1 billion profit quarter, which works out to a 78 percernt surge. This can be attributed primarily to the success of the iPod and the renewed interest in the Mac.
With that in mind, it is significant to note that iPod sales over the holiday were slower than last years lagging behind analysts' targets. Of course, everyone is abuzz about the iPhone that was introduced at this year's Macworld conference.
The Cupertino, California-based company shares rose 18 percent in 2006, after more than doubling in 2005 and tripling in 2004, according to this Reuters.com article.
Check out this Engadget.com blog that posted live entries during this year's Macworld conference to get the word on things right from the horses' mouth, so to speak.
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