iPad Sales Increased 84% Last Quarter
Apple sold 17 million iPads in the third quarter of 2012, an 84 percent increase compared to the same period last year.
Nevertheless, Bloomberg noted that profit was $9.32 a sharem, below Wall Street estimates: “Analysts had predicted profit of $10.37 a share on revenue of $37.2 billion, the average of estimates compiled by Bloomberg.”
At the same time, the company sold 26 million iPhones, those sales increasing 28 percent. Apple’s revenues were $35 billion for the quarter, with a tidy quarterly net profit of $8.8
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