Apple iPhone and iPad sales boost Q2 2012 results 94 Percent

quarters - BSN

(Best Syndication News) - Apple Inc., (NASDAQ:AAPL) announced their fiscal second quarter results that ended on March 31, 2012. The result was a net profit increase of 94 percent year over year. Apple’s sales were boosted by the iPhone and iPad products.

The Apple iPhone sales were 35.1 million units sold in fiscal Q2 2012, which is an 88 percent increase compared to the same time last year. The Apple iPad sales increased 151 percent in Q2 2012 compared to the prior year. The company sold 11.8 million iPads. Mac computer sales increase 7 percent in the quarter compared to the prior year. Apple iPod sales of 7.7 million were 15 percent less than the previous year’s Q2 data.

Apple released their second quarter earnings report for 2012 today as the stock market closed. In afterhours trading the shares climbed 7.77 percent to $603.81 per share, up $43.53 from the close of the NASDAQ stock market. Apple at closing on April 24, 2012, was trading at $560.28, down $11.42 (-2.00%).

By: Dave Reddy

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