Apple's Chief Financial Officer Peter Oppenheimer reported yesterday that for its first fiscal quarter, the company earned $1.58BN, compared to $1BN for the same quarter a year ago. In a statement, Apple Chief Executive Steve Jobs said that the results showed the company posting its highest quarterly earnings and sales in history. 

iPod revenue totalled almost $4BN, a figure likely to increase in future quarters now that Apple has introduced the iPod Touch in the market, with two models one at $299 and the other at $399.

iPhone Developer Summit - March 19-20, 2008 New York City
Could Apple iPhone become a viable portable gaming solution (like PSP or NDS) one day? If the iPhone does as expected and takes a decent chunk of the growing smartphone market then will malware writers start to give OS X some serious attention as the overall penetration of OS X skyrockets? How does a developer decide whether to create a web app or an iPhone native application using the iPhone SDK?  How does the iPhone SDK stack up against Windows Mobile 6.0/.NET Compact Framework 3.5?

These are among the dozens of questions to be asked and answered at the iPhone Developer Summit being held in New York City in March - an intensive and content-rich two-day program designed to satisfy the growing hunger among software developers and IT professionals for a broad spectrum of sessions informing developers what kinds of development options and opportunities the iPhone provides.

The Technical Chair of the event is Kevin Hoffman, editor-in-chief of iPhone Developer's Journal.

In the two-day Summit, to be held March 18-20 at The Roosevelt Hotel in midtown Manhattan, developers will hear from industry experts about the impact the iPhone is having on delivery of rich content to mobile users. Technical sessions will explore a world of web development opportunities on the iPhone including building applications using the new ASP.NET MVC framework, building social applications, and developing high-quality, iPhone-style web-based GUIs for your applications. Additionally, more than a dozen expert faculty speakers will help delegates learn about issues such as when to use the iPhone SDK and when to develop web applications, and how Google's Android differs from the iPhone SDK and iPhone safari development?

Attending delegates will leave the iPhone Developer Summit with resources, ideas and examples they can apply immediately.