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Finance News

Apple reports $24.67 billion in revenue, $5.99 billion profit for second quarter

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 […]

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iPhone 3GS

Apple Facing Constrained iPhone Supplies, Could Delay Some Overseas Launches

After selling 5.2 million iPhones in fiscal Q3, including a million units that sold in the first three days, Apple has announced being “unable to make enough 3GSs to meet demand.” According to AppleInsider, voracious demand for the latest iPhone has helped restrict it to 18 launch countries out of the 80 where Apple currently […]