Tuesday, January 24, 2012

That's a lot of money!

The Financial Times sent the following news alert at 4:52 p.m. EST:
Apple has blasted past Wall Street expectations with record quarterly revenues of $46.33bn, powered by sales of 37m iPhones in its December quarter.

The Silicon Valley company also re
ported record quarterly net profits of $13.06bn, or $13.87 per share, well ahead of analyst expectations of $10.07 per share and Apple’s guidance of $9.30.

Wall Street had expected revenues of $38.8bn helped by sales of around 30m iPhones.

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