Apple reports $6 bln net profit in Q1January 20, 2011 - 15:56 AMT PanARMENIAN.Net - Apple reported record revenue for the first quarter, reaching US$26.74 billion, driven by sales in iPhones, Macs and iPads. Revenue was up 71 percent. Net profit was up 78 percent to $6 billion, or $6.43 per diluted share. The company sold 4.13 million Macs during the quarter, up 23 percent over the same period last year. IPhone sales continue at a healthy clip, improving by 86 percent over last year to 16.24 million sold in the quarter, the PC World reported. Apple sold 4.13 million Macs during the quarter, a 23 percent unit increase over the year-ago quarter. The company sold 16.24 million iPhones in the quarter, representing 86 percent unit growth over the year-ago quarter. Apple sold 19.45 million iPods during the quarter, representing a 7 percent unit decline from the year-ago quarter. The company also sold 7.33 million iPads during the quarter. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Turkey condemns Uruguay’s recognition of Armenian Genocide Turkey has condemned a newly passed law in Uruguay that recognizes the Armenian Genocide, TRT reports. For the first time, Armenia votes in favor of Georgia resolution in UN Armenia on Tuesday, June 4 voted for the first time in favor a resolution adopted by the United Nations General Assembly. Moscow warns Armenia against leaving Russian-led defense bloc Armenia could ruin its military ties with Russia if it continues drifting towards the West, according to a senior official in Moscow. Moscow says ready to support Yerevan-Baku reconciliation Moscow has confirmed its readiness to support the reconciliation of Yerevan and Baku. |