Apple Macintosh News and Information
Apple Macintosh News and Information

Apple Net Income Soars

Apple net income soars 78 pct. in holiday quarter, reports Businessweek.

Apple Inc. says it sold more than 7 million iPads, about a million more than expected. It sold more than 16 million iPhones in the quarter.

Net income jumped to $6 billion, or $6.43 per share, up from $3.4 billion, or $3.67 per share. Revenue jumped 71 percent to $26.7 billion.

Full article: http://www.businessweek.com/ap/financialnews/D9KR0JL00.htm

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