Bloomberg: Apple Inc. (AAPL) reported record quarterly sales and profit, as holiday purchases of the new iPhone helped the company steer clear of the consumer spending slump that has hurt rival technology companies.
Fiscal first-quarter profit more than doubled to $13.1 billion, or $13.87 a share, compared with $6 billion, or $6.43 a share, a year earlier, Apple said today in a statement. Sales rose 73 percent to $46.3 billion. Analysts surveyed by Bloomberg on average estimated profit of $10.14 a share on sales of $39 billion.
Apple sold 37 million iPhones, up from the previous record of 20.34 million. Customers snapped up the 4S model that went on sale in October, a week after the death of co-founder Steve Jobs. The results mark the first time the company’s quarterly revenue topped Hewlett-Packard Co. (HPQ)’s, underscoring how its focus on sleek touch-screen mobile devices has reshuffled leadership in the industry.
Vision Pro is here and it’s a surprisingly capable device. Apple has also loaded the headset with a ton of options and features that aren’t obvious at first glance.
Ringing the changes: All the news, rumors, and tips you missed last week.
Apple is anticipated to announce the new OLED iPad Pro this spring. Although there has been considerable speculation about the product, it’s always reassuring when Apple officially confirms certain features through upcoming software updates.
I've fixed the images on some of these past submissions of yours. Please in the future make sure the image isn't broken on submission.( I always found it best to download/upload it to be honest. )
Um, I wish I bought Apple stock a long time ago... While they announced it after hours (their stock was down today), they are up about 7% currently.