Apple Breaks Sales and Earnings Records

Thursday Apr 21st 2011 by Staff

The company reported results that nearly double its performance in the same quarter last year. Apple's latest quarterly report show that its profits and earnings nearly doubled what they were in the same quarter last year. Revenue skyrocketed to $24.67 billion, up from $13.5 billion the previous year. Sales of iPhones, Macs, and iPads were up, although the company said it could have sold more iPads if it could make them faster. Of Apple's major product lines, only iPod sales were down.

"With quarterly revenue growth of 83 percent and profit growth of 95 percent, we're firing on all cylinders," said Apple CEO Steve Jobs.

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