text1: Apple shrugged off the economic downturn to report a 15% jump in profits for the first three months of the year. Sales of its iPhone more than doubled from the same quarter one year ago, while iPod sales also grew. However, demand for Macintosh computers dipped. Net profit rose to $1.21bn (£0.84bn) from $1.05bn in the same quarter a year ago, on sales up 8.7% to $8.16bn. The results sent the company's shares 2.5% higher in after-hours trading.
text2: iPhone is a product of Apple's.