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Another blowout quarter for Apple


Another blowout quarter for Apple


Apple’s sales continue to roar ahead. Its latest quarterly results came in much better than expected.

Net profit between January and March almost doubled from the previous year. It was the equivalent of 4.1 billion euros.

Sales of its flagship iPhone and Mac computers scaled new heights in the March quarter – but there was a problem with its iPad tablet as demand greatly exceeded supplies.

The iPhone sold a record 18.65 million units more than twice as many as in the same period last year. Mac computer sales rose by 28 percent to 3.76 million. iPod music player sales slipped 17 percent to nine million.

Apple said it sold every iPad it could make; that was 4.7 million, a total which disappointed analysts.

The quarterly report was Apple’s first with the company being run by its Chief Operating Officer Tim Cook after the top boss Steve Jobs went on his latest medical leave in January.

Cook said Jobs “wants to be back full time as soon as he can” and “continues to be involved in major strategic decisions”.

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