Apple Q1 earnings wow Street

Shipped over 15 million iPads

Apple’s net income surged to $13 billion from $6 billion last quarter as revenue skyrocketed 73% to $46 billion.

Apple, of Cupertino, Calif., said it shipped over 37 million iPhones and 15.4 million iPads for the fiscal first quarter, far ahead of analysts’ estimates. IPad sales alone were up 111% over the same frame a year ago.

The company is still high on Apple TV, despite a slew of TV manufacturers adding similar interactive functionality into their sets that were introduced at CES in Las Vegas.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Biz News from Variety

Loading