babu M
JF-Expert Member
- Mar 4, 2010
- 5,221
- 3,166
NEW YORK: Demand for the iPhone and other Apple products drove profits to more than double in the January-March period as the tech giant continued to capitalise on smartphone addiction.
Profits came to US$23.6 billion, or US$1.40 per share, while revenue climbed 54 per cent to US$89.6 billion in the fiscal second quarter, the company said Wednesday. Analysts polled by FactSet expected 99 cents per share on US$77.1 billion in sales.
More:Apple profit soars in latest quarter on higher iPhone sales
Profits came to US$23.6 billion, or US$1.40 per share, while revenue climbed 54 per cent to US$89.6 billion in the fiscal second quarter, the company said Wednesday. Analysts polled by FactSet expected 99 cents per share on US$77.1 billion in sales.
More:Apple profit soars in latest quarter on higher iPhone sales