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July 20, 2011 12:40 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/uzvE3u-GJNg/
Apple Destroys Q3 Earnings Estimates With Record Revenues, Profit, iPhone, And iPad Sales
Following Google's stellar earnings last week, Apple has today announced their own earnings for their Q3 period. As expected, they're good. Massively good.Apple set several new records last quarter in terms of both revenues and sales. Most notably, Apple's revenue was a staggering $28.57 billion " over $5 billion ahead of their (always low) guidance, and nearly $3 billion ahead of the $24.92 billion that Wall Street had been expecting. What's perhaps most crazy about those numbers is that they're a new record for the company, and it comes in a non-holiday quarter (typically the best for consumer electronics companies). Apple's last holiday quarter earnings, Q1 2011, saw revenues of $26.7 billion.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/uzvE3u-GJNg/
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