Thursday, November 21, 2013

Apple: flying sales of the iPhone but the profits slowing

Tim Cook, Apple's CEO during the presentation of the new iPad October 23, 2013.
Apple has announced results for the quarter ended September 28, 2013. Sales revenues amounted to $ 37.4 billion and net profit to 7.5 billion. During the reporting period have been sold 33.8 million iPhones, a record when compared to 26.9 million units in the same period of 2012, and 14.1 million iPads compared to 14 million in September 2012. Down the margins for the Mac that received a contraction in sales increasing from 4.9 million units in the same quarter of last year to the current 4.6 million.

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