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CUPERTINO, California-July 21, 2009-Apple® today announced financial results for its fiscal 2009 third quarter ended June 27, 2009. The Company posted revenue of $8.34 billion and a net quarterly profit of $1.23 billion, or $1.35 per diluted share. These results

Move into advanced video editing.

A 25-year-old man reportedly committed suicide after an iPhone prototype he was responsible for went missing, leading to alleged "unbearable interrogation techniques" in the ensuing investigation, according to a Chinese publication.

Guidance, gross margin, and signs of a rebound in technology spending will be among the key topics financial experts will be paying close attention to when Apple reports results from its third fiscal quarter following the closing bell Tuesday.

New software recently released on Apple's App Store could help iPhone users legally obtain doctor-prescribed marijuana, read electronic copies of books on the go, or easily record telephone conversations.

Apple said Tuesday that third-quarter profits rose nearly 15 percent to $1.23 billion, or $1.35 per diluted share, on record non-holiday quarter sales of $8.34 billion for the three-month period ended June 27, 2009.

Once again, Apple has had the best non-holiday quarter in its history, selling more Macs and iPhones than it ever has in spring, albeit with fewer iPods sold. The company has conducted a financial conference call with analysts and the

Apple announced a year over year decline in its sales of 10.2 million iPods, but noted that the company continues to maintain a greater than 70% share of the MP3 player market. It also stated that 50% of its traditional

After selling 5.2 million iPhones in fiscal Q3, including a million units that sold in the first three days, Apple has announced being "unable to make enough 3GSs to meet demand."

Apple has continued its significant investment in flash memory, with the Cupertino company announcing Tuesday that it recently prepaid $500 million to Toshiba to secure long-term supply of NAND for its mobile devices.

Acknowledging that there is room for improvement in the current offering, Apple chief executive Tim Cook said Tuesday that Apple is looking for new ways to categorize software in the App Store on the iPhone and iPod touch.

While the consumer market continues to shine for Apple, bringing the company to another record quarter, sales in the education and professional markets have suffered for the Mac maker during the ongoing economic recession.

Analysts are again bullish on Apple stock after the company reported a record third quarter in Tuesday's earnings report, and provided higher-than-expected guidance in some aspects of its fourth quarter.

Sales of traditional MP3 players like the iPod nano, iPod shuffle and iPod classic continue to decline, as the enemies of these Apple products -- the iPhone and iPod touch -- come from within the same company.

Apple's 254 retail locations managed to sell 492,000 Macs to 38.6 million store visitors during the June quarter, with half of those sales going to customers who had never before owned a Mac.

While a variety of sources have published a story accusing the iPhone 3.0 software of broadcasting instant messages to random iPhones, in reality this exploit affects only users who have hacked their phone and made it vulnerable.