Apple Announces Most Profitable Quarter in History

    0
    187


    zacharye writes with an except from an article over at BGR about Apple’s quarterly results: ” Disappointing’ though it may have been to some, the iPhone 4S propelled what is now confirmed to have been the most profitable quarter any technology company has ever recorded. Apple on Wednesday reported record earnings for the December quarter, revealing a profit of $13.06 billion on revenue that surpassed $46 billion. Among technology companies, Apple’s fiscal first quarter represents the most profitable quarter ever recorded. Only one U.S. company has ever posted a more profitable quarter — Exxon managed a profit of $14.8 billion in the third quarter of 2008 — and the driving force behind Apple’s record-setting performance was quite clearly the iPhone.”



    Read more of this story at Slashdot.

    View original post here:
    Apple Announces Most Profitable Quarter in History

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.