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.

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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 […]

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