Apple on Monday reported another quarter of stellar earnings, detailing its drive to 27 percent revenue growth on the backs of its iPhone, Mac and App Store sales. The company generated $58 billion in revenue in the second quarter — about a $12 billion increase year over year — and posted a net profit of $13.6 billion, roughly $3 billion more than the year-ago quarter. In looking to its third quarter, Apple remained conservative in its guidance and set expectations at between $46 billion and $48 billion in revenue.
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Shiny Apple Has a Few Soft Spots
Posted by: Quinten Plummer April 29, 2015 09:32 AMApple on Monday reported another quarter of stellar earnings, detailing its drive to 27 percent revenue growth on the backs of its iPhone, Mac and App Store sales. The company generated $58 billion in revenue in the second quarter — about a $12 billion increase year over year — and posted a net profit of $13.6 billion, roughly $3 billion more than the year-ago quarter. In looking to its third quarter, Apple remained conservative in its guidance and set expectations at between $46 billion and $48 billion in revenue.