Apple reports healthy sales figures

e14news — Fri, 08 Oct 2021 04:24:00 GMT

Current Revision posted to Documents by e14news on 10/8/2021 4:24:00 AM
Apple, the world's largest technology firm, has reported a net profit for the year to September 25th at $25.9 billion (£16.5 billion), wireless communication device users may wish to know.

This figure is up 85 per cent from the previous year.

The figures, the first published since the death of co-founder Steve Jobs, reveal that Apple sold 17.1 million iPhones in the fourth quarter of the year, which was a 21 per cent increase on the same period in 2010.

Apple also sold 11.1 million iPads, a 166 per cent increase on last year.

Despite this, the announcement prompted shares in the firm to fall five per cent.

"The numbers came in weak. They need to set records every time they report to keep up the momentum," Colin Gillis, analyst at BGC Partners, explained.

Apple also said that it sold 4.9 million Mac computers in the quarter - a rise of 27 per cent over the same period last year.

Posted by Andre Dixon