Excellent Hair Fall Treatment
Search: Look for:   Last 1 Month   Last 6 Months   All time

Apple's quarterly profit surges 94pct to $11.6bn

Washington, Wed, 25 Apr 2012 ANI

Washington, Apr 25 (ANI): Tech giant Apple Inc's profits in the first three months of the year have reached 11.6 billion dollars, smashing Wall Street expectations.

The net profit was 94 percent higher than in the same quarter last year and dwarfed the 9.4 billion dollars that analysts had forecast.

Apple sold 35.1 million iPhones during the quarter, an 88 percent increase from the period a year ago.

It sold 11.8 million iPads, more than double the number it sold in the same quarter last year, The Telegraph reports.

The results were enough to drive Apple shares five percent higher in extended trading in New York.

According to the paper, international sales accounted for 64percent of the 39.2 billion dollars of revenue that Apple generated in the quarter.

Meanwhile, analysts have predicted the performance will go a long way to ease a cluster of concerns that had seen Apple's shares fall 12 percent in the past fortnight. (ANI)

King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
PM Modi paying tributes at the portrait of Sardar Vallabhbhai Patel
People take part in the Run For Unity on the Rashtriya Ekta Diwas
PM Modi flagging off the Run For Unity on the Rashtriya Ekta Diwas
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image




Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.