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Apple Q3 Net falls 22%; posts record iPhone sales in June quarter

Last Updated: Wednesday, July 24, 2013, 08:56

US tech major Apple has reported 22 percent fall in consolidated net profit at USD 6.9 billion for the third quarter ended June 29, 2013, despite selling record 31.2 million iPhones during the quarter.

Apple profit falls for first time in nearly a decade

Last Updated: Wednesday, April 24, 2013, 08:59

Apple also announced that its board of directors has endorsed a plan to more than double to USD 100 billion the amount of its stock it will buy back in the coming three years.

Apple may see drop in profits for first time in nine years

Last Updated: Tuesday, January 22, 2013, 12:09

According to a survey, shares in Apple have declined since the launch of the iPhone 5 last September, marred by an unpopular decision to drop Google Maps for the company’s own botched version that left navigators three times more likely to get lost, reports the Guardian.

Apple Q3 net up 21%, lower than expected

Last Updated: Wednesday, July 25, 2012, 10:12

Apple Inc has posted a 21 percent growth in net profit at USD 8.82 billion in the three months ended June 30, 2012 driven by sales of iPhones and iPads.

Apple net up 54%, misses expectations

Last Updated: Wednesday, October 19, 2011, 08:54

Apple Inc stunned Wall Street by reporting results that missed expectations for the first time in years.