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 […]
Category: Finance
As irked as you may be with Apple from time to time, there’s no doubting this: the company makes a profit and is around for the long haul. Per Macworld, Apple announced the results of its second fiscal quarter, citing sales of US$24.67 billion and a net profit of US$5.99 billion, according to figures announced […]
Apple Inc. announced Tuesday that first quarter profits rose more than 77% to US$6 billion, or US$6.43 per diluted share, driven by record sales in three of its four major product categories, thereby beating analysts’ predicted earnings in the process. Per AppleInsider, the company also posted record revenue of US$26.74 billion for the three-month period […]
Apple has revealed that it will publish the financial results of its first fiscal quarter of 2011 on Tuesday, January 18, with a conference call to discuss the results following immediately after. Per AppleInsider, the news was posted to Apple’s investor website along with the notice that a link to the conference call webcast “will […]
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 […]