JULY 14, 2004 (MACCENTRAL) - Apple Computer Inc. today reported a net profit of $61 million or 16 cents per diluted share for its fiscal third quarter ended June 26.
"It was an outstanding quarter -- our highest third-quarter revenue in eight years," said Steve Jobs, Apple's CEO. "Our Mac-based revenue grew a healthy 19%, and our music-based revenue grew an incredible 162%. We've got a strong product portfolio, with some amazing new additions coming later this year." MORE...
Yeah, that's right. Steve Jobs isn't on smack. I win the bet.
UDPATE: Apple shares up 12% today.
OK, there wasn't a bet, but I win anyway.