Apple’s net profit in the recently-ended quarter soared with booming iPad sales but its stock sank on the eve of a workplace tribute to Steve Jobs due to missed iPhone expectations.
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Discuss: Apple profit soars, but outlook 'challenging' Sign in to comment. Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Apple Inc.'s earnings rose a record 31 percent over last year, spurred by strong Macintosh and iPod sales, the Cupertino technology company reported Monday. The stock climbed $1.34 in regular KCRA money expert Kelly Brothers has the latest business news. Apple Profit Soars But Misses 's net in the recently ended quarter soared with booming iPad sales, its stock sank Tuesday on the eve of a workplace trie to Steve Jobs due to missed iPhone expectations. The iconic Tags: apple, profit, soars, misses, sales and soared last quarter despite a steep decline in demand for the iPad. The iPhone, 's flagship product, continued to gain significant traction. sold 35.2 million sold 1.52 million Macs in its second fiscal quarter, the company reported on Wednesday — a 36 percent increase fuelled by nearly 400,000 more notebooks than the same quarter last year. Revenues from the misses expectations. By AAP. Oct 18th, 2011 . F Share T Tweet B Mail Q SMS L LinkedIn W WhatsApp G J Tumblr. reported Tuesday that its net in