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January 24, 2013 03:04 am GMT

Apple Revenues Hit Record High With 75 Million iOS Devices Sold


Apple had record sales in the December quarter, but the numbers were still not strong enough to please Wall Street.

Apple sold 47.8 million iPhones in the quarter, compared to 37 million in the same quarter a year ago and a new record for the company. However, it missed Wall Street's estimates of 50 million iPhones. Meanwhile, the company reported selling 22.9 million iPads for the quarter, which came in just shy of the 23 million iPads analysts had expected Apple to sell.

Apple reported revenue of $54.5 billion -- more than the entire annual revenue of Google in 2012 and a new record for the company -- but it still came in slightly below analysts' estimates for revenue of $54.7 billi…
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More About: apple, iphone, stocks


Original Link: http://feeds.mashable.com/~r/Mashable/~3/Qux_KqaUk7o/

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