Apple profit hits new high, iPhone-iPad sales soar


07:57 AM 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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  • rudyroks



    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?

  • 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.

  • 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.

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