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Apple shares increased their value after the company announced the record sales of iPads and iPhones that help increase the company's third quarter profit above the previous estimates. Its stock price jumped up to more than $400. apple
Apple's net profit was up to $7.21 billion from the previous $3.25 billion last year. Sales climbed up to 8 percent for a total of $28.6 billion. Analysts predicted a profit of $5.87 a share with revenues amounting to $25 billion.
The international market boosted the sales of the iPhone. Its total revenues went up six times to $3.8 billion. After the company solved the supply shortage for its iPad 2 after its March debut, the sales of its tablet soared. After the iPhone, the iPad is the second biggest revenue earner for the company.
The company's shares went up as much as 7.5 percent to a high of $405 after the sales numbers were posted. It closed at $376.85 in the regular Nasdaq Stock Market trading. In Germany, Apple shares climbed to $392.
The sales report eased the concerns with regards to lack of new iPhone, which would not be released until September. Apple is also operating without the day-to-day supervision of its CEO, Steve Jobs, who is on medical leave since last January.
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7月25日(月)12:16 | トラックバック(0) | コメント(0) | Economy | 管理
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