iPhone UK

Despite the bad shape of the US economy, Apple put out a good fiscal 4th quarter report on the back of a strong sales performance by the iPhone 3G, which drove Apple share prices up. However Apple was cautious in its future outlook, which it attributed to widespread economic uncertainty. In the 4th quarter, which ended on September 27th, Apple’s profit increased by 26% and sales were up by 27%. The actual profit exceeded Wall Street predictions, while the sales figures failed to match up. iPhone 3G also managed to outsell its competitor Blackberry in the 4th quarter. While 6.9 million iPhone 3G’s were sold in the 3 months till September 27, only 6.1 million Blackberries were sold in the same period.