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Apple posts revenue increase, higher net profit in Q2

Wednesday 23 April 2014 | 23:02 CET | News
Apple's second-quarter revenue rose year-over-year to USD 45.6 billion from USD 43.6 billion. Net profit for the three months to March was up to USD 10.2 billion or USD 11.62 per diluted share, from USD 9.5 billion or USD 10.09 per share a year earlier. Gross margin in the quarter was 39.3 percent, up from 37.5 percent. The figures were better than Apple's guidance for sales of USD 42-44 billion and a gross margin of 37-38 percent. Apple increased iPhone sales 17 percent year-on-year to 43.72 million units, and Mac sales were up 5 percent to 4.14 million. The iPhone accounted for over half

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Categories: Mobile & Wireless
Companies: Apple
Countries: World
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