Friday, October 26, 2012

Apple Forecasts A Sharp Slowdown


Apple said that its revenue rose 27% year-on-year in the quarter ending September 29 to 35.97 billion US dollars. It sold 26.9 million iPhones in the quarter, representing 58% unit growth over the year-ago quarter, and 14 million iPads, a 26% unit increase.  In the current quarter, Apple said it expects revenue of about 52 billion dollars, which would represent a rise of 12% year-on-year. source: Apple statement

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