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Apple reports profits higher than any expectations |
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World -
Business
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Tuesday, 20 October 2009 13:51 |
 The net profit reached record $1.67 billion.
Apple marked financial results better than what the analysts expected in the fourth fiscal quarter. The profit rose thanks good sales of the iPhone Mackintosh.
In the quarter ending September 26, Apple had a record net profit of $1.67 billion dollars or 1.82 dollars per share. This is an increase by 47% compared to the same period last year. Revenues from sales increased by 25% to $9.87 billion.
Bloomberg's analysts expected 1.43 dollars per share and revenues worth 9.22 billion dollars.
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