Apple Profit Doubles For Biggest Quarter Ever
Apple said Tuesday that it earned a profit of $13.06 billion in the first quarter, a jump of 118 percent over the same quarter last year. That number and the revenue figure of $46.33 billion were both records, the company said.
In the quarter, Apple sold 37 million iPhones and 15.43 million iPads, both of which more than doubled the totals from the same quarter last year. Sales of Macs and iPods also increased 26 percente and 21 percent, respectively.
“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” Tim Cook, Apple’s CEO, said in a statement. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”