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Apple's profit rises 50% on strong iPhone sales

Updated:2010/1/27 09:14

Apple reported first quarter revenues of USD 15.68 billion, up 32 percent from USD 11.88 billion in the year-ago quarter as iPhone sales doubled. International sales accounted for 58 percent of the quarter's revenue. Profit rose 50 percent to USD 3.38 billion, or USD 3.67 per diluted share, versus USD 2.26 billion, or USD 2.50 per diluted share. During the quarter, Apple sold 8.7 million iPhones, up 100 percent year-on-year. The company also sold 3.36 million Macintosh computers, up 33 percent year-on-year, and 21 million iPods, down by 8 percent from the year-ago quarter.

source:telecompaper

 Source:source:telecompaper
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