Apple does it again: $106 million this quarter

Apple Computer announced profits of $106 million this quarter, punctuatedby sales of over 275,000 iMacs, making the new blue/green box the fastestselling computer in the company's history. The company had revenues of$1.6 billion for the quarter. Apple also announced that it will be addingBest Buy to the short list of companies that will sell the iMac, startingin November.

"It's a great finish of a great year," said Apple interim CEO Steve Jobs."Looking forward, we hope to sell a lot of copies of Mac OS 8.5 and ship alot of iMacs this holiday season with our partners CompUSA and Best Buy."

According to a survey publicized by Apple, 29% of iMac buyers are newcomputer buyers while 12% also own a Windows machine. The majority of iMacs(58%) are bought by existing Macintosh owners.

Apple also launched the latest upgrade to the Mac OS today, version 8.5.Mac OS 8.5 continues to add Windows-like functionality, including anInternet search engine called Sherlock and a new version of AppleScript.It even offers the famous Alt-Tab method of switching between runningapplications. Mac OS 8.5 will be available on October 17 for $99