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Apple reports record-breaking revenues and profits
http://www.mercurynews.com/breaking-news/ci_17128894?nclick_check=1
Apple posted a profit of $6 billion, or $6.43 a share — a 78 percent hike from the year-ago-quarter — on revenues of $26.7 billion during the first quarter, which ended Dec. 25. A year ago, Apple reported profits of $3.38 billion, or $3.67 a share, on revenue of $15.68 billion.
Wall Street analysts had anticipated earnings of $5.40 a share on revenue of $24.4 billion for the first quarter.
The highlights of the blockbuster quarter include: 4.13 million Macintosh computers sold, a 23 percent increase over the year-ago quarter; 16.24 million iPhones sold , a 86 percent jump; and 7.33 million iPads sold.