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Apple Profit More Than Doubles

Apple Computer's fourth-quarter profits more than doubled on strong sales of laptop computers and its popular iPod music players, helping the company notch its highest revenue for the quarter in nine years.

The results released Wednesday easily topped Wall Street's expectations.

The Cupertino, Calif.-based company attributed the successful quarter to robust sales across its product line, namely its iBook and PowerBook computers, its iPod music players and stronger-than-expected results from its retail and education sectors.

"They all came together and did very well," said Peter Oppenheimer, Apple's chief financial officer said in an interview.

For the three months ended Sept. 25, Apple said it earned $106 million, or 26 cents per share. In the same period last year, the company earned $44 million, or 12 cents a share.

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