Apple Computer Q3 profit hits US$61mln, down 70%

US computer maker Apple Computer released the Q3 earnings. The profit reached US$61 mln, down 70% from the same period last year and up 52% from the previous quarter. Per share earnings hit 17 US cents, within the market expectation. Turnover stood at US$1.475 bln, down 20% from a year earlier and up 3% over the previous quarter. However, the company pointed out that dragged by the slowing global economy, the turnover in the second half financial year would be slightly higher than US$3 bln vs the original expectation of US$3.2-3.4 bln. Apple Computer closed at US$25.1, up US$1.14, or 4.76%. However, during the after-hours electronic dealing, it dipped US$2.5, or 10% to finish at US$22.6.

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