Wednesday, July 24, 2013

Apples third quarter beats expectations as iPhone sales hit 31.2 million

The Inquirer Tuesday 23rd July, 2013

Apple announced its fiscal third quarter 2013 earnings on Tuesday, with numbers surpassing Wall Street expectations. The third quarter is traditionally a quiet one for Apple, and with no major launches within the last three months, 2013 was expected to be more of the same. However, Apple reported Q3 earnings that beat analyst expectations on Tuesday, thanks to record sales of its iPhone device. In terms of numbers, Apple's revenues were up to $35.3bn from $35bn in the year ago quarter, although profits were down from $8.8bn to $6.9bn. These figures came in higher than Wall Street expectations,...

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Source: http://www.breakingpropertynews.com/index.php/sid/216018135/scat/d805653303cbbba8

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