Apple posts record quarterly earnings

Apple's new iPad sales lead to record quarterly earnings for the company
Apple's new iPad sales lead to record quarterly earnings for the company

The success of the iPad has paid dividends, with Apple celebrating the financial success of the last "phenomenal quarter" in 2010, posting record quarterly earnings this week.

And by phenomenal, Jobs means that revenues were up 88 per cent to $15.7bn (£10.2bn), while net profit was up 78 per cent at a whopping $3.25bn

Via Apple

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