Apple reports record profits in third quarter – ready to uncage Lion
Apple have just reported a massive increase in profits in their third quarter results – with net profits in excess of $7bn. Sales of iPads are up with a staggering 9.25 million sold in the last three months alone. Given their impressive sales figures recently, to increase profits by 125% is quite an achievement. Reports are also rife that Lion, the latest release of Mac OS X, is about ready to ship and could be released in a matter of days, perhaps even hours.