Wednesday, January 25, 2012

Apple Announces Stunning Earnings

Apple has posted impressive quarterly earnings for the 14-week period ending on December 31, 2011.
According to a press release, the company reported a quarterly revenue of $46.33 billion, as well as a quarterly net profit of $13.06 billion, or $13.87 per diluted share, the company's best quarterly results yet.

"These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter," per the release.

Read more: Huffington Post
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