Bank Of Baku

Record results at Apple

Record results at Apple
# 25 January 2012 11:07 (UTC +04:00)
Baku - APA-Economics. Apple’s fourth-quarter 2011 sales and profits set new records for the company and vastly exceeded analyst estimates.

Apple says it sold 37 million iPhones in the quarter, double the figure of the previous quarter and more than twice as many as it sold in last year’s holiday quarter.

Net income was $13.06 billion, or $13.87 per share, up 118 percent from a year ago.

Revenue was $46.33 billion, up 73 percent from a year ago.
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