Apple's Holiday Revenue at $5.7B

Apple Computer Inc. on Tuesday reported a record $5.7 billion in sales during the holiday quarter, topping Wall Street expectations as it sold nearly three times as many iPods as it did in the same period a year ago.
Speaking at the Macworld Expo, CEO Steve Jobs said the company has now sold 42 million of the popular digital music players.
"That's 100 sold every minute 24-7," he said during the Macworld Expo show Tuesday. "And it still wasn't enough."
Apple sold 14 million iPods in the holiday quarter and its iTunes music store has sold 850 million songs to date, said Jobs.
In his speech, Jobs said Apple also updated its iLife digital lifestyle suite, building in support for the automatic sharing of photos among family friends -- even those without Macintosh computers.
The latest version of iPhoto will let Mac shutterbugs share pictures much like bloggers and podcasters share content.
"This is podcasting for photos," Jobs said.
With a few clicks, users can post an online feed to which others -- including Windows users -- can subscribe. As changes are made to the album, subscribers automatically receive the updates.
The new photo program also now supports more than 250,000 photos and enables one-click support for giving pictures an antique or other effect. It also includes a template for creating picture-based calendars, he said.
The iLife suite also will enable the one-click export of iMovie video to iPods as well as a simple, drag-and-drop method of creating DVDs in iDVD. That program also will support third-party DVD burners.
Shares of Apple jumped $3.95, or 5.2 percent, to $80 on the Nasdaq Stock Market.