Apple today said its fiscal second-quarter earnings jumped to beat analyst estimates as computer and iPod revenue grew. The Cupertino, Calif Calif.-based...
NEW YORK — Apple today said its fiscal second-quarter earnings jumped to beat analyst estimates as computer and iPod revenue grew.
The Cupertino, Calif.-based computer and electronics maker’s second-quarter profit totaled $1.05 billion, or $1.16 per share, compared with $770 million, or 87 cents per share, in the year-ago quarter.
Apple’s revenue rose almost 43 percent to $7.51 billion from $5.26 billion.
Analysts polled by Thomson Financial had expected earnings of $1.07 per share on $6.96 billion in revenue.
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During the quarter, Apple shipped 2.3 million Macintosh computers, accounting for $3.49 billion in revenue — an increase of 54 percent from the same quarter last year. It also sold 10.6 million iPods and 1.7 million iPhones in the quarter.
Apple shares gained $2.69 to close $164.05 before release of its earnings results. It’s share fell $2.05 in after-hours trading.