Apple Inc has done it once again. On Tuesday evening, the maker of iPods and iPhones reported a 15% rise in quarterly profits, its best quarterly performance in a non-holiday season. Net profit for Apple’s third quarter came in at US$1.23B or US$1.35 per share, vs. earnings of US$1.07B or US$1.19 per share in the year earlier period.
Apple’s performance trumped both analysts’ and its own estimates by US$0.18 and US$0.40 a share respectively. Sales rose 12% to US$8.34B in the quarter – on soaring demand for iPhones.
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