Thursday, January 20, 2011

Apple's best quarter results

Record quarterly results from Apple have helped allay fears surrounding the company's future after CEO Steve Jobs (pictured) was forced to take medical leave. Apple reported a 71 percent jump in first-quarter revenue, to US$26.74 billion, and a 78 percent surge in net profit, to US$6 billion.

International sales accounted for 62 percent of the quarter’s revenue. The company sold 16.24 million iPhones in the quarter, representing 86 percent unit growth over the year-ago quarter, while 7.33 million iPads fell into the hands of consumers during the quarter.

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