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Apple Outperforms In Quiet Quarter

April 24, 2014
By Sarah Weinman

Apple reportedĀ better than expected results for their fiscal second quarter on Wednesday afternoon, for the period ending March 29. Traditionally their quietest quarter, they still grew both sales ($45.6 billion) and net profit ($10.2 billion) in what ceo Tim Cook called “our strongest non-holiday quarter ever.” In the areas we focus on, Apple sold 16.35 million iPads — for a total of 214 million iPads sold since launch in spring 2010. Cook reported on the conference call with investors, “we now have almost 800 million iTunes accounts, most of these with credit card; this is a staggering number.” Strong iPhone […]

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Filed Under: Earnings Reports

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