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Apple posts $37.4 billion in revenues, $7.7 billion profit for Q3 2014

Apple’s money train kept rolling into the third quarter. Per Macworld, the company posted revenues of US$37.4 billion and a net profit of US$7.7 billion, making for a record June quarter for the company. Those numbers were up from the third quarter of 2013, when Apple tallied US$35.3 billion in revenue and US$6.9 billion in […]

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Apple’s iOS App Store nets $10 billion in 2013

According to an announcement by Apple on Tuesday, the company took home more than $10 billion last year from iOS app sales. Christmas sales put them over the top with customers downloading almost 3 billion apps, making December Apple’s most lucrative and successful month in the App Store’s history. BusinessWire’s coverage of the record setting sales quoted […]

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Finance News

Apple releases Q4 2013 numbers, shows $7.5 billion profit, but relatively flat year-over-year sales

A US$7.5 billion quarter is nothing to sneeze at, but the sales were a bit flat compared to a year ago. Per Macworld, Apple wrapped up its 2013 fiscal year Monday with a US$7.5 billion profit on US$37.5 billion in revenue, reporting accelerating growth buttressed by strong iPhone sales and growth in the Chinese market. […]

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Apple posts $54.5 billion in revenue, $13.1 billion profit for Q1 2013 financial returns

It was a profitable quarter, but there were setbacks compared to last year. Per Macworld, for the company’s first fiscal quarter of 2013, Apple posted revenue of US$54.5 billion and a net profit of US$13.1 billion. Revenue rose 17.7 percent from the 2012 first quarter, while profit was flat year-over-year. Apple earned US$13.81 per share, […]

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Finance News

Apple posts $11.6 billion profit for Q2 2012, iOS devices drive strong earnings

It’s pretty clear at this point: Apple’s not in danger of going out of business. Per Macworld, on Tuesday, Apple reported a net profit of US$11.6 billion on revenue of US$39.2 billion for the quarter ended March 31, 2012. Those are respective increases of 94 percent and 59 percent from the 2011 second quarter. Apple’s […]