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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 […]

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Finance News

Apple to release Q2 results on Tuesday, April 24th

It’s not the most exciting announcement in the world, but if you have Apple stock, you might want to know about it. Per Mac|Life, Apple has updated their website to include details of the company’s second quarter 2012 financial results for the January through March period. As usual, the conference call will be streamed live […]

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Finance News

Apple posts Q2 revenue of $13.5 billion, profit of $3.07 billion

Delivering its second quarter financial results on Tuesday, Apple announced that the company sold 10.89 million iPods during the quarter (compared to sales of 11.01 million iPods in the year-ago quarter, and down 48% from the previous quarter) and 8.75 million iPhones in the quarter (a 131% increase year-over-year, and up from 8.7 million units […]