updated 06:25 pm EDT, Wed April 17, 2002
Apple today reported a second-quarter profit of $40 million, or 11 cents per share, on revenues of $1.5 billion. Revenues were up 4 percent and Apple shipped 813,000 Macs during the quarter, including 220,000 flat-panel iMacs. The company also announced that it plans to open another 20 retail stores this year. It expects revenues to increase slightly in the third-quarter to $1.6 billion.