How Apple Does It

Apple is reporting a fiscal first quarter profit up 78% from a year ago. A 24.5% increase in revenue from the prior year's quarter. Shareholder value is up 65 cents a share over a year ago. You may also remember that news accounts had iTunes slipping in the second half of 2006. The vultures were circling Cupertino. Luckily Apple CEO Steve Jobs bought none of it. Jobs knows that he is in the iPod business and that iTunes exists for the iPod. Apple sold 22 million iPods for the period ending December 30th -- a 50% increase from a year ago. Steve Jobs once again had his eyes on the right prize.

If you were in an Apple store&hellip