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Apple reports $770 million profit

Apple on Wednesday reported a $770 million profit for the fiscal 2007 second quarter on $5.26 billion in revenue. The profit worked out to $.87 per diluted share. These results compare to revenue of $4.36 billion and net quarterly profit of $410 million, or $.47 per diluted share, in the year-ago quarter.

The company shipped 1,517,000 Macs and 10,549,000 iPods during the quarter, representing 36 percent growth in Macs and 24 percent growth in iPods over the year-ago quarter. International sales accounted for 43 percent of the quarter’s revenue, according to Apple.

“The Mac is clearly gaining market share, with sales growing 36 percent — more than three times the industry growth rate,” said Steve Jobs, Apple’s CEO in a prepared statement.

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