Since the economy has a nose dive last year many companies have seen a decline in sales and profits, and not an increase. Well Apple seems to have bucked the trend experience and a good quantity of growth, despite the value in U.S. dollars a nose dive, governments stimulus plan and soaring unemployment. Apple has received a serious boost from their unbeatable iPhone with iPhone 3G pricing for their abandoning the release of their popular iPhone 3GS had a staggering 636% increase in sales year on year.

These are figures that General Motors or Microsoft would kill for. Apple claims that it has sold over 5.2 million iPhone during the quarter and have continued to assume more and more of the market share of smart phone. There was a negative number in its Q3 earnings, however, the Sames their iPods dropped by 7% (still not a bad number these days).

They sold a mere 10.2 iPods last quarter, this is due largely to sales of the iPhone from cannibalizing sales of the iPod and iPod music players and movies. The subsidized iPhone price has made it cheaper and in the same price range of the iPod, so many customers with a plunge and purchase an iPhone, however, if your iPod. Apple knew this would be the result, but only with a gadget like the iPhone to replace multiple gadgets really helps the company and the product line in the long term.

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