Arab Today, arab today apple posts record 1306 bn quarterly net profit
Last Updated : GMT 20:08:36
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Arab Today, arab today

Apple posts record $13.06 bn quarterly net profit

Arab Today, arab today

Arab Today, arab today Apple posts record $13.06 bn quarterly net profit

San Francisco - AFP

Apple said Tuesday its net profit more than doubled in the first quarter of fiscal 2012 to a record $13.06 billion, driven by strong sales of iPhones, iPads and Macintosh computers. The California-based gadget-maker said revenue rose to $46.33 billion in the quarter which ended on December 31 from $26.74 billion in the same period a year ago. Apple said it sold 37.04 million iPhones in the quarter, up 128 percent from a year ago, and 15.43 million iPads, a 111 percent increase. The company sold 5.2 million Macintosh computers in the quarter, a 26 percent increase, and 15.4 million iPods, a 21 percent decline. \"We\'re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,\" Apple chief executive Tim Cook said in a statement. \"Apple\'s momentum is incredibly strong, and we have some amazing new products in the pipeline,\" Cook said.

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