Apple profit surges on strong Mac, iPhone sales

Apple profit surges on strong Mac, iPhone salesAAPL 174.36, +3.94, +2.3%) rose 6.6% in Frankfurt trades and sparked optimism in the broader market after disappointing results from the industrial sector last week. See Indications.
After the bell on Monday, the company said it earned $904 million, or $1.01 a share, on revenue of $6.22 billion. During the same period a year ago, Apple earned $546 million, or 62 cents a share, on $4.84 billion in sales.
The results easily topped the estimates of analysts surveyed by Thomson Financial, who predicted that the company would earn 86 cents a share on revenue of $6.07 billion. More –>

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