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Finance News

Apple posts over $20 billion in sales, $4.31 billion profit for fourth quarter

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 […]

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Finance News

Apple cites $15.7 billion in sales, $3.25 billion profit for 2010 Q3 financial report

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 […]

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iPhone News

iPhone 4 sells record-breaking 1.7 million units in three days, also blends

Following 600,000 pre-orders and impressive lines, Apple today announced that the companyt had sold over 1.7 million iPhone 4 units. In other words, since releasing the iPhone 4 to customers on June 24 (and including the pre-orders that were delivered in the mail), the device was selling at a rate of nearly seven per second. […]

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iPhone

Apple Finally Offering iPhone 3G For Sale Online

Apple’s iPhone 3G is finally available online, an option that hasn’t existed since the original unit was released in 2007. According to The Unofficial Apple Weblog, Apple has finally allowed new users to activate their services online with the iPhone 3G handset being shipped straight to their door. Current AT&T customers will need to reserve […]