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By Armando Duke (AXcess News) Houston, TX - Tech inevstors bit into Apple Computer Co. (Nasdaq: AAPL) shares hard Thursday after the Cupertino, Calif. maker of iPods reported stronger third-quarter earnings, lifting Apple's stock over 13 percent. Apple reported revenue for the period of $4.37 billion compared to $3.53 billion for the same period last year, a 24 percent increase. The increase in revenue came from higher shipments of computers and 32 percent more iPods. Apple's chief executive Steve Jobs said, "iPod continued to earn a U.S. market share of over 75 percent and we are extremely excited about future iPod products in our pipeline." Apple also seems to have made a wise choice in siwtching to Intel Corp. (Nasdaq: INTC) processros. Apple began shipping Macintosh notebook computers built with Intel chips in February and the latest results indicate that Apple shipped 1,327,000 Macs during the quarter, a rise of 12 percent over the year. Apple reported its second-strongest quarterly increase in the third-quarter of this year, tahnks mostly to the boost from Apple iPod saels. Apple said it shipped 8,111,000 iPods in the third quarter, a 32 percent increase over the same period last year. Shares of Apple were up $7.07, or 13.07 percent, at $61.17 in mid-day trading following the news of its third-quarter earnings results.
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