(Reuters) – The company reported a profit of US$1.67 billion, or $1.82 per diluted share, for the quarter ended Sept. 26, an improvement from the net profit of $1.14 billion for the fourth quarter of 2008. The earnings per share beat expectations of $1.42 based on estimates polled by analysts at Thomson Reuters.
In addition to selling stellar products gobbled by all its cult members, it had help from the weak dollar. The dollar is down almost 14% to date from the past 6 months. For example, they sell the iPod Nano in Argentina for $336.43 USD which sells in the United States for $150.
iPod Nano Index