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  Apple posts $44m Q4 profit
Time: 10:07 EST/15:07 GMT | News Source: Macworld UK | Posted By: Byron Hinson

Apple saw revenues rise 19 per cent year-on-year, returning a net fourth quarter profit of $44 million. The results reflected increased shipments of both Power Macs (boosted by the launch of the Power Mac G5) and PowerBooks unit sales of both product lines increased sharply over those in the year-ago quarter, the company said.

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