Article F16A Apple revenues grow 33%; profits up 39%

Apple revenues grow 33%; profits up 39%

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from Techreport on (#F16A)

Apple's Q2 financial results are out, and as we've come to expect, growth is largely the word of the day. The company posted $49.6 billion in revenue, up 33% from this time last year, and earned $10.7 billion in net profit, up 39% year-over-year. Gross margin was 39.7% compared to 39.4% a year ago.

The company attributed its success to iPhone sales of 47.5 million units and Mac sales of 4.8 ...

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