Are you thinking about admission in Oxford or Cambridge? Can you wait for some time? If you can, there is another option and this option is Apple University that is going to be opened next year. So, just think about spending time with Steve Jobs at the student bar, listening to Jonathan Ive lecture on design and tinkering with iPhones. Still are you thinking about Oxford or Cambridge?

Yeah it’s true, Apple has decided to throw open the doors of its own educational institute, the Apple University.

The news came forward after Apple announcement that it had recruited Joel Podolny (the dean of the Yale School of Management) as vice president and dean of Apple University.

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World economic woes? No problem! With over $1 billion profits, Apple shrugs off the world’s economic worries and posts one of its best quarters ever. According to Apple, soaring sales of iPhones and Macs played a key role in this success.

“We have succeeded to sale more phones than RIM and it is, indeed, one of the best quarters in Apple’s history.” A happy Steve Jobs crowed announced.

The company reported $1.14 billion 3Q profit on almost $8 billion sales, which shows an income of $1.26 per diluted share of stock.

Mac computers came forward as a big seller with 21% more units’ sale than the same period during last year. Similarly, iPod saw 8% increase in sale compared to the same period of last year.

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