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Apple Sales Soar; New Product Rumors In The Air

Apple posted record computer and iPhone sales yesterday, Troy Wolverton reports, sending the company's stock up 6.6% to a near-record high of $202.40. The iPhone maker's sales jumped 25% year over year to $9.87 billion. The only quarter it recorded more revenue was last year's holiday period.

Apple sold 3.05 million Macintosh computers, with sales boosted by the release of the Snow Leopard update to its operating system. It sold 2.3 million laptops in the period, up 35% from the same period a year ago.

Meanwhile, rumors are that Apple is going to start releasing a "crap-ton of new products," as CrunchGear blog reports. But Matt Burns concludes that although there's a good chance the product line soon may be updated, he doesn't think any announcement will be forthcoming today.

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Read the whole story at San Jose Mercury News, MacRumors,com, CrunchGear »

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