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Apple quarterly profits flat, sales growth slows

2013-01-24 08:28:00| Telecompaper Headlines

(Telecompaper) Apple posted record quarterly revenue for the first quarter of fiscal 2013, ended 29 December 2012, totalling USD 54.5 billion, up from USD 46.3 billion year-over-year. The gross margin was 38.6 percent, down from 44.7 percent. Net profit for the quarter was USD 13.1 billion or USD 13.81 per diluted share, little changed from USD 13.1 billion or USD 13.87 per share a year ago. The results were ahead of Apple's earlier guidance for sales of USD 52 billion and EPS of USD 11.75. The company sold a record 47.8 million iPhones in the three months, up from 37 million a year earlier, and 22.9 million iPads, up from 15.4 million the prior year.

Tags: sales growth flat apple

 

CSX says coal demand will remain weak through 2013 and 1Q shipping volume will be flat overall

2013-01-24 00:24:36| Railroads - Topix.net

CSX Corp. expects 2013 to be another challenging year for the railroad, with continued weak coal demand but growth in other areas likely to offset lower coal volume.

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Flat Track Racer Dominic Colindres and the Weirbach Racing Team at 2012 Santa Rosa Mile

2013-01-23 02:11:19| K&N Racing News

Dominic Colindres received 11 AMA Pro Singles main event starts and finished in the top-10 in all but one, collected seven top-5 finishes and one race win during the 2012 race season.

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Wall Street flat near five-year highs, Trav...

2013-01-22 17:21:25| IT Services - Topix.net

U.S. stocks were little changed near five-year highs on Tuesday as investors held back from making large bets ahead of earnings from key tech companies.

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FRANCE: Asia flat as Richemont Q3 sales rise 5%

2013-01-22 13:50:00| Daily apparel & textile news and comment - from just-style.com

Sales growth at luxury goods business Richemont slowed to 5% in the third quarter, with Asia Pacific revenues flat at constant currencies.

Tags: france sales asia flat

 

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