Added: 28.04.2015 0:25 | 5 views | 0 comments

Technology giant Apple on Monday announced financial results for its latest quarter, revealing that total revenue and profit was up year-over-year, but iPad sales continued to slide.

For the quarter ended March 28, Apple posted $58 billion in revenue and a profit of $13.6 billion. This compares to revenue of $45.6 billion and net income of $10.2 billion during the same period last year.

"What you do see is that people hold onto their iPad longer than they do a phone," Cook said back in October. "Because we've only been in this business for four years, we don't know what the upgrade cycle will be for people."

Added: 28.04.2015 0:25 | 5 views | 0 comments

Technology giant Apple on Monday announced financial results for its latest quarter, revealing that total revenue and profit was up year-over-year, but iPad sales continued to slide.

For the quarter ended March 28, Apple posted $58 billion in revenue and a profit of $13.6 billion. This compares to revenue of $45.6 billion and net income of $10.2 billion during the same period last year.

"What you do see is that people hold onto their iPad longer than they do a phone," Cook said back in October. "Because we've only been in this business for four years, we don't know what the upgrade cycle will be for people."