What Recession? Mac, iPhone Sales Smash Records

Who said "never bet on tech stocks?"

Apple released their fiscal Q4 earnings report yesterday, and the numbers are frankly mind-boggling:

• Revenue of $9.87 billion and a net quarterly profit of $1.67 billion.  Revenue alone is up two billion from this time last year.
• More than three million Mac's sold.  Mac sales growing at 17%, versus 2% for the rest of the market.  74% of those are MacBooks.
• 10.2 million iPods sold.  This is actually an 8% drop from last year — but iPod Touch sales have doubled.
• 7.4 million iPhones, plus another half-beellion app downloads.  Remember, kids, that's in just a three-month period.

If you missed the live webcast, it's available for replay at www.apple.com/quicktime/qtv/earningsq409/ for the next two weeks.