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04-24-2014, 01:13 AM
Apple Sells 44 Million iPhones in Q2, Beats Earnings Estimates
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Apple (http://mashable.com/category/apple/?utm_medium=feed&utm_source=rss) beat Wall Street estimates for earnings and revenue in the March quarter, but projected lower-than-expected results for the upcoming quarter
Apple posted earnings of $11.62 a share on revenue of $45.6 billion for the second quarter, coming in well ahead of analyst estimates for earnings of $10.18 a share on revenue of $43.5 billion. However, the company said it expects revenue to drop to between $36 billion and $38 billion in the June quarter
The iPhone (http://mashable.com/category/iphone/?utm_medium=feed&utm_source=rss) business — still Apple's largest individual product line — proved stronger than analysts had expected. Apple reported sales of 43.7 million iPhones for the March quarter, beating estimates (http://mashable.com/2014/04/22/apple-q2-earnings-preview-2/?utm_medium=feed&utm_source=rss) of around 38 million iPhones. That's up from 37.4 million iPhones sold during the same quarter a year earlier. Read more... (http://mashable.com/2014/04/23/apple-q2-earnings-2014/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Apple (http://mashable.com/category/apple/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Stocks (http://mashable.com/category/stocks/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Iphones (http://mashable.com/category/iphones/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1398286950 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1398286950)http://feeds.feedburner.com/~r/Mashable/~4/sOzvftSXW6U
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Apple (http://mashable.com/category/apple/?utm_medium=feed&utm_source=rss) beat Wall Street estimates for earnings and revenue in the March quarter, but projected lower-than-expected results for the upcoming quarter
Apple posted earnings of $11.62 a share on revenue of $45.6 billion for the second quarter, coming in well ahead of analyst estimates for earnings of $10.18 a share on revenue of $43.5 billion. However, the company said it expects revenue to drop to between $36 billion and $38 billion in the June quarter
The iPhone (http://mashable.com/category/iphone/?utm_medium=feed&utm_source=rss) business — still Apple's largest individual product line — proved stronger than analysts had expected. Apple reported sales of 43.7 million iPhones for the March quarter, beating estimates (http://mashable.com/2014/04/22/apple-q2-earnings-preview-2/?utm_medium=feed&utm_source=rss) of around 38 million iPhones. That's up from 37.4 million iPhones sold during the same quarter a year earlier. Read more... (http://mashable.com/2014/04/23/apple-q2-earnings-2014/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Apple (http://mashable.com/category/apple/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Stocks (http://mashable.com/category/stocks/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Iphones (http://mashable.com/category/iphones/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1398286950 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1398286950)http://feeds.feedburner.com/~r/Mashable/~4/sOzvftSXW6U