Apple doubles earnings despite iPod sales slip

AppleApple’s company earnings for the very first quarter of this particular yr have almost doubled as opposed to the very same phase a year ago, with a 95 % jump from $3bn to $5.99bn. Net profit and income improved by 85 % and 83 % respectively on a similar phase in the year of 2010.

But whilst Apple iphone revenues hit 18.65 million, a 113 % increase, the corporation only moved 4.69 million apple ipads – less than anticipated. Product sales of the iPad were also weak, slipping 17 % on previous seasons statistics to just 9m.

Apple’s head Steve Jobs, who’s on medical depart, mentioned that Apple company was “firing on all cylinders”, adding that his corporation would “carry on to innovate on all fronts throughout the rest of the yr”.

Search Terms:

Pin It