Apple's Making Record Quarters Par for the Course

Started by ECTNews, Jul 21, 2011, 03:02 PM

ECTNews

 Apple on Tuesday announced yet another record quarter, as widely expected. Revenues for its fiscal 2011 third quarter totaled nearly $28.6 billion, and quarterly net profits hit a new high of just over $7.3 billion. International sales accounted for 62 percent of revenue in this quarter. Sales of iPhones and iPads were strong, as were sales of Macs. Elsewhere within the reaches of 1 Infinite Loop, Apple won a preliminary ruling in its favor from the U.S. International Trade Commission regarding two of the four patents it's battling HTC over.