Apple Reports Most Profitable Quarter Ever

Apple Reports Fourth Quarter Results

Apple today announced financial results for its fiscal 2009 fourth quarter ended September 26, 2009. The Company posted revenue of $9.87 billion and a net quarterly profit of $1.67 billion, or $1.82 per diluted share.

Amazing that in a weakened economy Apple, who basically sell a luxury brand of consumer electronics is able to innovate their way to record breaking profits.