After the distractions of Antennagate it was back to business as usual as Apple reported its latest earnings on Tuesday.
iPhone sales in the company’s latest quarter jumped to 8.4m, belying concerns that inventory changes surrounding the switch to the latest model would hit sales. Profit margins also held up better than expected, pushing earnings well ahead of forecasts.
Those were the headlines as Apple released earnings for the period to the end of June, its third fiscal quarter. The numbers:
- Revenue rose 61 per cent to $15.7bn, ahead of Wall Street forecasts of $14.74bn.
- Earnings climbed to $3.51, above the consensus estimate of $3.10.
Our live blogging of Apple’s conference call to discuss the state of its business is after the jump. Read more









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