Apple reported earnings of $9.5 billion on $43.6 billion in sales. That was right on target with the$9.5 billion in profit and just barely above the$42.3 billion in sales that Wall Street expected. It was also above Apple's own expectations, which were between $9.23 and$10.23 per share on sales of $41 billion to $43 billion.
By comparison, Apple tallied up a higher $11.6 billion in profit on sales of$39.2 billion during the same quarter last year. That was fueled by iPhoneand iPad sales that were 88 percent and 151 percent better than the year before, respectively.
"We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad," Apple CEO TimCook said in a statement ."Our teams are hard at work on some amazing new hardware, software, and services, and we are very excited about the products in our pipeline."
