Apple second quarter brings in $1 billion profit

Apple ships 2.2 million Macs, 10.6 million iPods and 1.7 million iPhones

Apple's revenues reached $7.5bn (£3.75bn) for its second quarter as its gross margin fell by three per cent to 32 per cent.

The figures compare with 2007 second-quarter revenue of $5.26bn and net profit of $770m. Sales outside the US accounted for 44 per cent of the quarter’s revenue.

Steve Jobs, Apple’s CEO, said: “With over $17bn in revenue for the first half of our fiscal year, we have strong momentum to launch some terrific new products in the coming quarters.”