Tuesday, April 24, 2012
Apple exceeds estimates for quarter - $39.2 billion
Apple’s market muscle held firm Tuesday as the company surpassed analysts’ estimates and set second-quarter records in its sales of iPhones, iPads and Macs.
The tech titan posted quarterly revenue of $39.2 billion — second only to its all-time, quarterly revenue record of $46.33 billion, which it reported last December.
For the March quarter, Apple reported a net profit of $11.6 billion — or 12.30 per diluted share. A consensus estimate previously gathered by Thomson Reuters had predicted Apple would post quarterly revenue of $38.9 billion and $10.10 per share.
I'm an Apple guy. I like the products and they work easily with each other. I can't even use a PC.
Yes, Apple. Taking over the world one iPad at a time.
Posted by Randy Slovacek at 3:41 PM