Apple posts record $54.5bn revenues, $13.1bn profit in Q1 FY13
Apple posted record revenues for $54.5bn (£34.4bn) in Q1 FY13 (the three months to December 31 2012) along with record net profits of $13.1bn (£8.7bn).
The figures still managed to fall short of Wall Street projections, however, causing a 10% dip in Apple’s share price.
During its first financial quarter (October 1 to December 31 2012) the company saw earnings stay flat year-on-year at $13.1bn (£8.7bn) – the first time in years that Apple hasn’t posted double digit increases.
Apple ...
Login to access this article
To access this article you need to be a subscriber. If you are a subscriber login below.
Login NowSubscribe
If you have previously taken a trial you will need to subscribe to access this article.
Subscribe Now
