Apple reported third quarter revenue after the close of market on Tuesday, with sales of $37.4 billion (up 6%, largely due to growth in China), and net profit of $7.7 billion. iPad sales of 13.3 million were down 9 percent (from 14.6 million units a year ago), making approximately 227 million iPads sold since launch in spring 2010. The iTunes store segment (which includes their app stores, as well as “revenue from sales of AppleCare, licensing and other services”) rose 12 percent (or almost $500 million), to $4.485 billion for the quarter. Investors were back and forth at first on […]
