Shares of computer and smartphone maker Apple rose nearly 5%
in after-hours trading after it reported better-than-expected profits for the
third quarter.
It made $6.9bn (£4.5bn) profit for three months to June,
thanks in part to good sales of its iPhone smartphone.
Apple said it sold 31.2 million iPhones, a record for the
June quarter, compared to 26 million last year.
However, average sale prices were lower at $581, compared
with $608 a year ago.
Its revenue was also better than expected, with the company
earning $35.3bn, although that was barely above the $35bn of a year ago.
Analysts said the data, especially on iPhone sales, may help
allay some fears of a slowdown in Apple's growth rate.
No comments:
Post a Comment