Apple Posts $13.1 Billion Profit

Apple Wednesday posted a $13.1 billion profit for the first quarter of 2013, flat from the same time last year. The numbers came on $54.5 billion in revenue, and were ahead of analyst estimates.

The company sold 47.8 million iPhones and 22.9 million iPads, both increases over last year, and 4.1 million Macs.

“We’re thrilled with record revenue of over $54 billion and sales of over 75 million iOS devices in a single quarter,” Tim Cook, Apple’s CEO, said in a statement. “We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.”

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