Tuesday, 24 January 2012

Apple doubles apple iphone sales in 1Q (AP)

NEW You are able to After uncharacteristically tepid sales within the This summer-to-September quarter, Apple returned having a vengeance in last three several weeks of 2011, greatly exceeding analyst estimations and setting new records.

Apple Corporation. on Tuesday stated it offered 37 million apple iphones within the quarter, double the amount figure from the previous quarter and most two times as much as it offered in last year's holiday quarter.

The end result could make Apple the earth's biggest maker of mobile phones. Samsung Electronics, which held that position for many of this past year, has stated it needs to report shipping about 35 million mobile phones within the October to December quarter.

October saw the launch from the apple iphone 4S, and adding Sprint Nextel Corp. being an apple iphone company within the U.S.

Apple stated net gain within the fiscal first quarter was $13.06 billion, or $13.87 per share. Which was up 118 percent from $6 billion, or $6.43 per share, last year.

Experts questioned by FactSet were expecting earnings of $10.04 per share for that latest quarter, Apple's fiscal first.

Revenue was $46.33 billion, up 73 percent from last year. Experts were expecting $38.9 billion.

The Cupertino, Calif., company shipped 15.4 million iPads within the quarter, again a lot more than doubling sales within the same quarter this past year.

Apple shares rose $33.03, or 7.9 %, to $453.53 in extended buying and selling, following the discharge of the outcomes.



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