We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

iPhone and iPad popularity sends Apple profits soaring

Tech giant's profits for the quarter 124% up on last year

The popularity of the iPhone and the iPad have helped send Apple's profits soaring, the tech giant has revealed.

Apple revealed its profits for the three months from March 25 with $7.31bn, that's 124 percent up on the same period last year. Furthermore, the company revealed it had sold 20.34 million iPhones during the quarter – more than double the number sold last year before the iPhone 4 was released - and 9.25 million of its tablet PC, which is nearly three times sldin the first quarter after the device was launched.

"We're thrilled to deliver our best quarter ever," said Apple's chief executive, Steve Jobs

However, Apple revealed sales of its digital music player, the iPod, have continued to fall. Sales plummeted 20 percent to 7.54 million.

Apple said its total net income for the quarter was £7.31bn and revenue was £28.6bn.


IDG UK Sites

Best Christmas 2014 UK tech deals, Boxing Day 2014 UK tech deals & January sales 2015 UK tech...

IDG UK Sites

LED vs Halogen: Why now could be the right time to invest in LED bulbs

IDG UK Sites

Christmas' best ads: See great festive spots studios have created to promote themselves and clients

IDG UK Sites

Why Apple shouldn't be blamed for exploitation in China and Indonesia