Apple earnings released

Apple earnings released

Apple on Tuesday reported revenue of $13.5 billion and profits of $3.07 billion. That's a

49-percent increase from the $9.08 billion in revenue reported in the same quarter a year


In a statement, Apple CEO Steve Jobs said, "We're thrilled to deliver our best quarter ever,

with revenue up 82 percent and profits up 125 percent." Jobs pointed to the upcoming

releases of iCloud and iOS5 this fall as something the company is working on.

In thier report, Apple said that they sold more than 9 million iPads and 20 million iPhones

in most recent quarter.

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