Wednesday, 24 April 2013

Apple profits fall for first time in almost a decade

iPad

Apple had an earnings call today, giving the low down on the company's performance for its second quarter of 2013. Overall, there weren't any big surprises -- but that doesn't mean it was all good news.


The Cupertino company beat analyst estimates on a number of fronts, including total revenue and iPhone and iPad sales. But profits fell for the first time in almost ten years.


Here's the breakdown in plain English.


By: Christina Bonnington, Edited by: Kadhim Shubber


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via Wired.co.uk



http://www.wired.co.uk/news/archive/2013-04/24/apple-q2-earnings

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