Category: Market

Historical coverage of the PC and Apple tech market by Charles W. Moore. 2004-2017.

Apple Reports Record Results – 47.8 Million iPhones Sold; 22.9 Million iPads Sold; Stock Price Tumbles

Apple on Wednesday announced financial results for its 13-week fiscal 2013 first quarter ended December 29, 2012. The Company posted record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion, or $13.81 per diluted share. These results compare to revenue of $46.3 billion and net profit of $13.1 billion, or $13.87 per diluted share, in the 14-week year-ago quarter. Gross margin […]