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iPhone, iPad Push Apple Profits Up 94 Percent

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Apple's second-quarter profit jumped 94 percent pushed largely by the continued strong sales of iPads and iPhones.

The Cupertino-based technology company announced its second-quarter earnings on a conference call Tuesday.

For the latest quarter ending in March, Apple said it earned a profit of $11.62 billion, or $12.30 a share, up from $5.98 billion, or $6.40 a share, from the previous year.

The company's revenue also increased 59 percent to $39.19 billion.

The earnings come on the heels of a blistering first quarter for Apple, where the company hit new sales and profits records.

Apple said it sold 35.1 million iPhones last quarter and it sold 11.8 million iPads.
 

Related Topics Apple, earnings, iPhone, iPad
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