Apple sells iPhones

Apple have shipped 5.2m iPhones during the last quarter which helped them achieve net profits of $1.23bn which is up 15% on last year.

Apple are still seen to be innovating in the phone market and there are still rumours of a 10" netbook (or large iPod touch) type device. They still have the opportunity to grab a new chunk of the market if they can release a truly innovative device.