Birmingham Star
BirminghamStar.com Thursday 11th March 2010 Edition 2010/70
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"The idea of human rights begins with a fundamental commitment to the dignity that is the birthright of every man, woman and child."
Hillary Rodham Clinton
The U.S. Secretary of State was speaking on the release of the 2009 Country Reports on Human Rights Practices.

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bullet More Birmingham News corner
Toyota 'mystified' By Runaway Prius Case In Calif.
Nyc To Pay Up To $657m To Settlewtc Health Cases
Mass. Club Pleads No Contest In Boy's Uzi Death
La. Man Accused Of Helping In Kkk Killing Pleads
Montana Governor Wants To Get Drugs From Canada

bullet Entertainment corner
Renee Zellweger gifts $100 coffee voucher to paparazzo
Mark Owen apologises for affairs
Won't mind falling in love with a woman: Lady Gaga
Cheryl Cole house-hunting after split from husband
Folk music extravaganza enthralls audiences Jaipur

bullet Technology corner
Bomb found in car hired by Bihar Minister
Pentagon says Internet helps in terrorist recruiting, radicalization
Technology that allows bosses to spy on employees
Internet 'in the run' for Nobel Peace Prize

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Breaking News
Animal Rescue Founder Arrested For Animal Cruelty
BIRMINGHAM, AL (WBRC) - The founder of the animal rescue service "TEARS" has been charged with animal cruelty.The Jefferson County Sheriff's Department, in a statement Thursday to FOX6 News, said...

Heroin Found In Juice Boxes
GADSDEN, AL (WBRC) - Three men have been arrested in Attalla on charges of hiding heroin in juice boxes.Etowah County Sheriff Todd Entrekin announced Thursday the arrests of:Juan Gabriel Fernandez,...
No Federal Charges Against Ag Troy King
MONTGOMERY, AL (WBRC) - Alabama Attorney General Troy King said Thursday a federal investigation into him and his office is over and no charges will be filed.King, in a statement Thursday afternoon...
More breaking stories
Global News
Talks with Taliban bolstered by Pakistan supportTalks with Taliban bolstered by Pakistan support
Afghanistan has praised Pakistan's offer to help mediate with the...

Christian and Muslim sites being ignored by Israel, says U.S. State DepartmentChristian and Muslim sites being ignored by Israel, says U.S. State Department
The U.S. State Department has scolded Israel for only recognizing Jewish holy...
CIA allegedly engaged in LSD experiment in FranceCIA allegedly engaged in LSD experiment in France
The UK newspaper The Telegraph has revealed allegations contained in a new book that the CIA engaged in a mind control experiment in a village in...
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Business News
U.S. stocks recover in late tradingU.S. stocks recover in late trading
A surge in bank shares returned the major indices to the black Thursday, after rough sailing earlier in the...

Banks in Australia profiteering says regulatorBanks in Australia profiteering says regulator
Australia's biggest banks are gouging its customers, the Reserve Bank of Australia...
Sri Lanka doing massive deals with ChinaSri Lanka doing massive deals with China
Sri Lanka will soon build a second international airport on the south of the island, with much of the money coming from...
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bullet Apple reports 30-45 percent growth in fiscal 2010 first quarter corner

Software giant Apple Inc. has over the years, overcome nearly every obstacle thrown its way, and this is reflected in the 15.68 billion dollars revenue it earned and a net quarterly profit of 3.38 billion dollars, or 3.67 dollars per diluted share in financial results for fiscal 2010 - the first quarter - that ended December 26, 2009.

Compared to financial results of fiscal 2009 for the same period, the gross margin has gone up to 40.9 percent from 37.9 percent. Last year, revenue earned was pegged at 11.88 billion dollars and net quarterly profit of 2.26 billion dollars, or 2.50 dollars per diluted share.

The fiscal 2010 (first quarter) statistics represent an average domestic growth of between 30 to 45 percent for its range of items. International sales accounted for 58 percent of the quarter's revenue.

During the fiscal 2010 first quarter, Apple Inc. sold 3.36 million Macintosh computers, which represents a 33 percent unit increase over the same period a year ago. The company also sold 8.7 million iPhones, representing 100 percent unit growth over the previous year. Twenty one million iPods were also sold, which was a drop of eight percent unit decline over the previous year's same quarter.

Steve Jobs, Apple's CEO, said: "The new products we are planning to release this year are very strong, starting this week with a major new product that we're really excited about."

Apple Inc. CFO Peter Oppenheimer said: "We are very pleased to have generated 5.8 billion dollars in cash during the quarter."

"We are extremely proud of this result and believe our Mac hardware and software are providing outstanding innovation and value that our customers really love. Response to the new iMacs introduced in October was very strong, contributing to a 70 percent year over year growth in desktop sales. Customers are thrilled with the iMac's tremendous new features including enhanced performance, wide screen LED display, wireless keyboard and new Magic Mouse," he added.

On Apple Inc. music products, Oppenheimer said: "Our share of the US market for MP3 players remains at over 70 percent based on the latest monthly data published by MPD. And, IPod was the top selling MP3 player and continued to gain share internationally year over year in most countries we tracked based on the latest data published by GFK."

On Iphone sales, he said: "We now have iPhone distribution in 86 countries and we are very pleased with the international growth we achieved as we have added both countries and carriers. We experienced very strong year-over-year growth in a number of major markets, including Japan, Australia, the UK, France and Germany."

Oppenheimer said he expected revenue in the second fiscal quarter of 2010 to be between 11 billion dollars and 11.4 billion dollars, and added that Apple Inc. would continue to focus on short dated high quality investments.

Apple Inc., he said, remains comfortable with its investment portfolio.

Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, it is a leader in innovation with its award-winning computers, OS X operating system and iLife and professional applications.

Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market with its revolutionary iPhone. (ANI)


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The Birmingham Star is essentially a local Birmingham newspaper, but with a national and international perspective, designed to provide readers with a one-stop shop for Birmingham, national US, regional, and world news coverage, weather and sports information, with live updates on breaking business stories, and what's happening in the financial markets.

The biggest advantage we have is that we are an online newspaper, which means we are constantly refreshing our stories as more and more information comes to hand. Often when a story breaks the initial details are sketchy.

We and our sources around the world work hard to gather more information, verify facts, and provide a perspective of the major stories. Expert opinion often accompanies our articles to better inform readers, and provide a more complete understanding
of the news we deliver.

Financial markets and business reports are regular features as we pin down what's happening, and constantly refresh stock market indice readings, dollar currency rates, and breaking business news reports. Our world sports coverage is a priority, as is our regional news.

We like to think if you're looking for breaking news out of Birmingham, Alabama, the United States, or the world, you'll look for it first at the Birmingham Star.

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    Birmingham, Alabama
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    bullet State News corner
    Alabama State Defeats Alabama A&m 56-45 In Swac
    Summary Of Action In The Alabama Legislature
    Alabama Ag Says Federal Probe Of Him Ended
    Jury Finds Man Acted Reckless, But Had No Intent To Kill Dothan Officer
    First-generation College Students Get Needed Boost From Plus

    bullet Travel corner
    Knee injury rules out Sohail Tanvir from T20 World Cup
    Frontier Airlines Mechanics Seek Court Order As Republic Pushes Them To Move To Wisconsin
    Cal Cruises Into Pac-10 Semis With 90-74 Victory
    10 Great Places To Find A Lucky Charm

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    Do you believe Gordon Brown will still be prime minister of the UK after the forthcoming elections?


    bullet Hotel Review corner
    Crowne Plaza, Los Angeles International Airport
    Crowne Plaza, Los Angeles International Airport

    I needed a hotel overnight near LAX and decided on the Crowne Plaza, a 4 star recently-renovated business class hotel on West...


    bullet National News corner
    Ahmadinejad and Gates accuse each other of interference
    Some US schools closed down after threat received
    Extension on US unemployment benefits to get reading
    Obama donates Nobel Peace Prize money