25 Jan '12, 12am

Apple posts a record $16.6b in quarterly profits, driven by strong iPhone, iPad & Macintosh computer sales

Apple said Tuesday its net profit more than doubled in the first quarter of fiscal 2012 to a record $13.06 billion, driven by strong sales of iPhones, iPads and Macintosh computers. -- PHOTO: AFP SAN FRANCISCO (AFP) - Apple said Tuesday its net profit more than doubled in the first quarter of fiscal 2012 to a record US$13.06 billion (S$16.6 billion), driven by strong sales of iPhones, iPads and Macintosh computers. The California-based gadget-maker said revenue rose to US$46.33 billion in the quarter which ended on Dec 31 from US$26.74 billion in the same period a year ago. Apple said it sold 37.04 million iPhones in the quarter, up 128 per cent from a year ago, and 15.43 million iPads, a 111 per cent increase. The company sold 5.2 million Macintosh computers in the quarter, a 26 per cent increase, and 15.4 million iPods, a 21 per cent decline. 'We're thrilled with our out...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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