17:41 ET<\/span><\/span><\/p>\nApple’s latest profits soared past expectations as sales of its best-known iPhone and iPad products more than doubled.<\/p>\n
The company’s net income was $7.31bn (\u00a34.6bn) in the third quarter, 125% higher than for the same period a year ago.<\/p>\n
Apple sold more than 20 million iPhones in the quarter and 9.25 million iPads.<\/p>\n
Mac computers sold 3.95 million, although iPod sales continued to slip, down by 20% to 7.54 million units.<\/p>\n
The results assuaged concerns about the supply of the iPad 2, partly because of parts supply interruptions caused by Japan’s tsunami and earthquake in March.<\/p>\n
Lion<\/span><\/p>\nApple chief financial officer, Peter Oppenheimer, said: “We are extremely pleased with our performance.<\/p>\n
“Looking ahead to the fourth fiscal quarter of 2011, we expect revenue of about $25bn.”<\/p>\n
Mr Oppenheimer also said that Lion, the new version of the Mac OS X operating system, will go on sale Wednesday.<\/p>\n
The Lion software mimics some of the features of the iPhone and iPad interface.<\/p>\n
The company has a reputation for being conservative with its forecasts.<\/p>\n
Shares jumped 5.3% in extended after-hours trading to their highest for a year.<\/p>\n
Battles<\/span><\/p>\nThe price had suffered after its founder and Chief Executive, Steve Jobs, took a long-term break last January for medical reasons.<\/p>\n
The future stewardship of the company remains an open question. On Tuesday the Wall Street Journal was reporting that several Apple board members had discussed a successor to Mr Jobs, and had talked about the matter with at least one head of a high-profile tech company.<\/p>\n
Another uncertainty for the company is a web of patent battles with rivals.<\/p>\n
It claims Taiwanese rival HTC has infringed its patents, with HTC claiming a number of infringements against Apple.<\/p>\n
Apple is also in dispute over the rights to technology with South Korea’s Samsung and US competitor Motorola.<\/p>\n<\/div>\n<\/p>\n
Original post:
\nApple sales leap to record profit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" 19 July 2011 Last updated at 17:41 ET Apple’s latest profits soared past expectations as sales of its best-known iPhone and iPad products more than doubled. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-464337","post","type-post","status-publish","format-standard"],"yoast_head":"\n
Apple sales leap to record profit - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Apple sales leap to record profit - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"19 July 2011 Last updated at 17:41 ET Apple's latest profits soared past expectations as sales of its best-known iPhone and iPad products more than doubled.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Apple sales leap to record profit\",\"datePublished\":\"2011-07-19T21:41:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/\"},\"wordCount\":316,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/\",\"name\":\"Apple sales leap to record profit - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-07-19T21:41:35+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Apple sales leap to record profit - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/","twitter_card":"summary_large_image","twitter_title":"Apple sales leap to record profit - Ghanamma.com","twitter_description":"19 July 2011 Last updated at 17:41 ET Apple's latest profits soared past expectations as sales of its best-known iPhone and iPad products more than doubled.","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/"},"author":{"name":"","@id":""},"headline":"Apple sales leap to record profit","datePublished":"2011-07-19T21:41:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/"},"wordCount":316,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/","url":"https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/","name":"Apple sales leap to record profit - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"datePublished":"2011-07-19T21:41:35+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/07\/19\/apple-sales-leap-to-record-profit\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/464337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=464337"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/464337\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=464337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=464337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=464337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}