Strong Sales Help Extend Apple Streak

SAN FRANCISCO — Strong sales to shoppers in emerging markets and to business customers helped Apple extend its lengthy streak of stellar performance in its earnings report on Tuesday.

Even without introducing any major new products, the company attracted legions of consumers in the fiscal third quarter. Profits doubled, and revenue increased 82 percent as shoppers continued to buy iPhones and iPads in record numbers.

As one example of its success, Apple turned its tablet into a $6 billion business in the quarter. That is twice as big as Dell’s entire consumer PC business.  Read more

Categories: Economics, United States

1 reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.