Tech

Apple profits soar upward on high iPhone and iPad

Josh Peterson Contributor
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Not long after the iPhone came out, skeptics questioned how much appeal the costly device and related wireless service would have in countries like China with lower income levels. On Tuesday, Apple provided the answer: A lot.

Closing an iPad sale at Apple’s Fifth Avenue store. Apple sold 11.8 million iPads in the second quarter, doubling sales from the same period a year ago. In all, Apple has sold 67 million iPads.

The company reported Tuesday that soaring sales of the iPhone, especially in China, helped Apple nearly double its profit in the company’s fiscal second quarter.

Full Story: Apple Profit Rises on Higher iPhone and iPad Sales