A combination of record iPhone and iPad sales combined with continued growth of its Mac business pushed Apple to reported sales of US$28.57 billion and net profit of US$7.31 billion for the three-month period ended June 25, 2011. Per Macworld, the sales and profit figures—both quarterly records—increased last year’s third-quarter performance by 82 percent and […]
Tag: profit
Apple on Monday reported a “great fiscal quarter,” citing a quarterly profit of US$4.31 billion, compared to US$2.53 billion for the same period last year. Over the quarter, Apple recored US$20.34 billion in revenue, an increase of nearly 67 percent from the year-ago quarter’s sales figure of US$12.21 billion. Apple’s earnings of US$4.64 per diluted […]
After years of debate and posturing from both sides, the verdict is in. Per Electronista, the library of Congress has legally sanctioned jailbreaking iOS-based applications under the Digital Millennium Copyright Act, thereby allowing non-Apple-approved applications to be run on devices such as the iPhone. While Apple didn’t contest the legality itself, the company stated that […]
Apple generated its best quarter to date, reporting US$15.7 billion in sales and a profit of US$3.25 billion yesterday with shares accelerating US$3.51 per share, up 75% in the year over year from the same period in 2009. The company’s results beat analyst expectations of $3.10 a share and $14.74 billion in revenue according to […]