Apple profits double on record iPhone, iPad sales

InternAdmin Contributor
Font Size:

SAN FRANCISCO — Strong sales to shoppers in emerging markets and to business customers helped Apple extend its lengthy streak of stellar performance in its earnings report on Tuesday.

Even without introducing any major new products, the company attracted legions of consumers in the fiscal third quarter. Profits doubled, and revenue increased 82 percent as shoppers continued to buy iPhones and iPads in record numbers.

As one example of its success, Apple turned its tablet into a $6 billion business in the quarter. That is twice as big as Dell’s entire consumer PC business.

Full story: Strong sales help extend Apple streak