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Apple Turned to Cider After Quarterly Report

From Econintersect Combined RSS Feed
January 24, 2013 - 2:02am
Written by Jillian Friesen, GEI Associate Econintersect: Today Apple released its earnings report for its 2013 1st quarter, which ended on December 29th 2012. In this 13- week period, Apple sold over 47.8 million iPhones, 22.9 million iPads, 4.1 million Macs and 12.7 million iPods. Sales of iPhones and iPads hit record numbers while the consumption of Macs and iPods dwindled. Quarterly revenue was up by $8.2 billion. Average weekly revenue was recorded at $4.2 billion up $0.9 billion a year ago. Apple's CEO Tim Cook was optimistic stating: "We’re very confident in our product pipeline as we continue to focus on innovation and making the best products in the world.” Read more »

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