Apple sales continue to boom

Apple iPad2

Apple iPad2

Apple is having one of the best quarters in its history, according to figures published by the Californian company behind the iPad 2, iPhone and Mac range of products.

It will make £8.37 billion in profit this quarter, out of a total revenue count of £29.7 billion, paying back shareholders £8.89 a share, which is far more than analysts had previously predicted.

Sales of the iPhone were 128 per cent higher than during the same period of 2011, totalling 37.04 million on the global market.

The iPad tablet was similarly popular, shifting 15.43 million units, which represents an annual growth figure of 111 per cent.

Even MacBook laptops and Mac desktop computers benefited from increased sales, up by 26 per cent to 5.2 million.

After founder and former CEO, Steve Jobs, passed away last year and Tim Cook took over his position there were some who thought that Jobs’ magic touch might be missing from Apple’s subsequent activities, but this is clearly not the case at the moment.

Apple has really been saving up a lot of its money as it said that it has more than £62 billion stashed away for a rainy day, allowing it to come close to being the world’s most valuable firm all over again.

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