Apple reported record earnings for the first quarter of its fiscal year, ending December 31, and beat Wall Street expectations so handily the stock was halted after hours Tuesday, rising more than $30 a share. The company sold 15.4 million iPads and 37 million iPhones during the quarter on net income of $13.1 billion, and $43.4 billion in revenue. Profits more than doubled compared to the first quarter of 2011. Apple sold over 40 million iPads in 2011, and has moved more than 55 million units since launching in early 2010. Release Though Random House was among the four reported […]
