Apple profit hits new high, iPhone-iPad sales soar

7:57 am | Thursday, January 24th, 2013

Customers visit the Apple store at The Grove on January 23, 2013 in Los Angeles, California. Apple reported $54.5 billion in revenue, just shy of Wall Street estimates; $13.1 billion in profit, flat from the year-ago quarter; and earnings of $13.81 per share. Kevork Djansezian/Getty Images/AFP

SAN FRANCISCO—Apple on Wednesday reported that its quarterly profit hit a new high as iPhone and iPad sales soared to unprecedented levels in the final months of last year.

Apple said it made a profit of $13.l billion on revenue of $54.5 billion in the fiscal quarter that ended on December 29. The California-based company sold 47.8 million iPhones and 22.9 million iPads, setting new quarterly records.

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Tags: Apple , Earnings , Internet , Ipad , iPhone , IT , Telecommunications

rudyroks

PR
http://profile.yahoo.com/F4ODCZSX7YKSNDWWAQ5YYE6DMU yahoo-F4ODCZSX7YKSNDWWAQ5YYE6DMU

Try to Google “Apple Stocks” and you will see that they just dropped more than 12% and lost more than US$60/share, and is causing some alarm for the investors. I would think that if they are “setting new quarterly records” as reported here, their stock price should be going up. Or are we just expecting too much from Apple?
http://twitter.com/ph_eagle Valor3rd

Inquirer is PR group of Apple. Just picking up the good stuff….Look at the mainstream media and you’ll see what i mean on the latest quarterly result. It shows in the stock market big time.
http://pulse.yahoo.com/_NWTWAWQO7MWPOD75YHMUCR2IWU Mux

..and they still can’t play Flash! :(
gilbs72

Apple profits can “soar” significantly even with just one iPhone, since it’s outrageously overpriced.

tagalinis

then don’t buy it, ’nuff said!
mrcrabdribble

If the iPhone were any cheaper then nobody will buy it. People buy it precisely because it is expensive – the same reason people buy coffee at Starbucks at ridiculous prices.You pay for exclusivity. Otherwise, get a competitor phone so you’ll have one the same as everybody else in the room.

Apple profit hits new high, iPhone-iPad sales soar

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