Apple earnings rise 36%

Apple reported a fiscal second-quarter profit of $1.05 billion, or $1.16 a share, on $7.51 billion in revenue. During the same period a year ago, Apple earned $770 million, or 87 cents a share, on sales of $5.26 billion. The results topped Apple’s forecast of a profit of 94 cents a share and $6.8 billion in revenue.

The company said that during the quarter ended March 31 it sold 2.29 million Macintosh computers, 1.7 million iPhones and 10.6 million iPods.

Solid all round performance.

Anyone own Apples shares?

Re: Apple earnings rise 36%

Nope! but I know that analysts have lowered their forecasts of Apple.