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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.

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Siemens' quarterly profits drop

2013-01-23 08:53:41| BBC News | Business | UK Edition

German industrial giant Siemens reports a fall in quarterly profits, adding it expects no help this year from the weak global economy.

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Google Q4 profits increase as ad pricing improves

2013-01-23 01:00:00| Total Telecom industry news

But Internet giant still losing money at Motorola Mobility unit.

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Google sees profits back on track

2013-01-22 22:24:35| BBC News | Business | UK Edition

Google reports a small rise in profits despite a jump in revenues as it ploughed more money into advertising and research and development.

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Profits Looming for Struggling Pork Industry

2013-01-22 01:00:00| ThePigSite - Industry News

US - Pork producers could be on the verge of turning profits after suffering several months of losses caused by drought-decimated feed resources, Purdue Extension agricultural economist Chris Hurt says.

Tags: industry profits struggling pork

 

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