Apple: Profits rise from sales of music and 3G iPods

Last updated: May 14, 2021 1:40 pm UTC

By Dennis Lloyd - Senior Editor

Apple today posted a net profit of $19 million and revenues for the third quarter were $1.545 billion in its financial results for fiscal 2003.

“‘This was a great new product quarter for Apple, starting with the iTunes Music Store and the new third-generation iPods, and ending with the announcement of the Power Mac G5 and the developer preview of Panther, the fourth major release of Mac OS X,’ said Steve Jobs, Apple

By Dennis Lloyd Senior Editor

I'm a passionate, long-time lover of Apple products, and was a civil draftsman and graphic designer before creating the iLounge web site. My prior projects include work for The Los Angeles Times' LATimes.com, and the company Creative Domain, where I developed websites for clients including Columbia Pictures, Disney, Fox Studios, Universal Pictures and Warner Brothers. As the Publisher of iLounge, I direct the site's community forums, photo galleries, iPod User Group, and general business affairs, which have grown under my watch to over sixteen million page views every month. I'm happily married with one daughter, one dog (Rocket the Wonderdog), one cat (Ferris), many iPods, iPhones, iPads, and two turntables.