Apple has announced another stunning quarter, with revenues of $39.2bn earning net profits of $11.6bn or $12.30 per share. That compares with analyst expectations of $36.5bn in sales and $9.94 a share in profits.
The company sold 35.1m iPhones -up 88 per cent on the year-earlier quarter – but is expected to sell fewer in the current quarter, with revenues declining 13 per cent sequentially. Tim Cook, chief executive, and Peter Oppenheimer, chief financial officer, spoke to analysts after the announcement – our live blog is after the jump.










Facebook has taken the unusual step of making public the names and personal details of five men it believes to be behind the Koobface computer worm that attacked hundreds of thousands of computers through the social network’s profiles.
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