About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Wednesday, April 25, 2012

Apple Warns of Slower Growth Ahead

Apple said that its revenues rose 59% year-on-year in the quarter ending March 31 of 2012 to 39.19 billion US dollars. The revenue from its iPhone product line leapt 85%, while its iPad product line recorded an increase of 132%.

Apple said it expects to generate revenue of 34 billion dollars in the current quarter, which would represent a year-on-year increase of 19%. source: Apple statement

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