Wednesday, July 25, 2012

Apple Sees Slower Growth

Apple said its revenues rose 23% year-on-year in the quarter ending June 30th to 35.02 billion US dollars with its iPhone-related revenues up 22% and its iPad-related revenues up 52%.

Apple said it expects revenues in the current quarter to be about 34 billion dollars, which would represent an increase of 20% year-on-year. source: Apple statement

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