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Apple iPhone shipments reach 7.4m in Q4

Profits up despite drop in iPod sales

Apple posted an increase in net profit and sales for the fourth quarter of 2009 despite a year-over-year decline in iPod shipments.

Apple sold 10.2 million iPods during the quarter, an 8 percent unit decline from a year ago. However, the company recorded a year-on-year increase in Mac and iPhone shipments during the quarter. Apple shipped 3.05 million Macs during the quarter, a 17 percent unit year-over-year increase. The company sold 7.4 million iPhones for 7 percent year-over-year unit growth.

"We are thrilled to have sold more Macs and iPhones than in any previous quarter," said Apple CEO Steve Jobs. "We've got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010."

The company reported a quarterly profit of $1.67 billion for the quarter that ended September 26, an improvement from the net profit of $1.14 billion for the fourth quarter of 2008. Apple also posted revenue of $9.87 billion for the quarter, compared to revenue of $7.9 billion reported last year.

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