
iPhone sales drive record quarter for Apple
• The RawStory.comApple said its net profit more than doubled in the first quarter of fiscal 2012 to a record $13.06 billion while revenue soared to an all-time high of $46.33 billion from $26.74 billion a year ago.
Earnings per share of $13.87 easily surpassed the $10.08 per share expected by Wall Street analysts.
The California-based gadget-maker sold 5.2 million Macintosh computers in the quarter, up 26 percent, and 15.4 million iPods, a 21 percent decline from a year ago.