Wednesday, January 25, 2012

?Disappointing? iPhone 4S leads Apple to most profitable quarter in tech history

“Disappointing” though it may have been to some, the iPhone 4S propelled what is now confirmed to have been the most profitable quarter any technology company has ever recorded. Apple on Wednesday reported record earnings for the December quarter, revealing a profit of $13.06 billion�on revenue that surpassed $46 billion. Among technology companies, Apple’s fiscal first quarter represents the most profitable quarter ever recorded. Only one U.S. company has ever posted a more profitable quarter ? Exxon managed a profit of�$14.8 billion in the third quarter of 2008 ? and the driving force behind Apple’s record-setting performance was quite clearly the iPhone. Read on for more. Apple sold a record 37.04 million iPhone handsets into channels last quarter, along with

Source: http://www.bgr.com/2012/01/24/disappointing-iphone-4s-leads-apple-to-most-profitable-quarter-in-tech-history/

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