Wire Service Reuters

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Apple Sells 21 Million iPods in 3 Months

Apple has reported a 78 percent surge in quarterly profit, trouncing Wall Street expectations. They also sold more than 21 million iPod digital music players in the last quarter while delivering revenues of US$1 billion for the first time, but the forecast for the current quarter lagged analysts' targets and shares of Apple, known for its cautious outlook, slipped in after-hours trade following an initial jump.