Top Tech Stories of the Day: Apple Rings up 31.2 Million IPhones in Q3

Now watching

Next video starts in : 7 Play

Top Tech Stories of the Day: Apple Rings up 31.2 Million IPhones in Q3

Top Tech Stories of the Day: Apple Rings up 31.2 Million IPhones in Q3
Replay video
Up next

Steel Panther - Steel Panther

Unlock your personal NFL Now stream by signing in to NFL.com

Top Tech Stories of the Day: Apple Rings up 31.2 Million IPhones in Q3

by Wochit 1:00 mins

Top Tech Stories of the Day: Apple Rings up 31.2 Million IPhones in Q3

by Wochit 1:00 mins

While many smartphone makers are reporting softer sales amid escalating competition, Apple posts strong performance in the quarter. Posting its fiscal third-quarter financials after market close, Apple reported earnings per share of $7.47 on revenue of $35.3 billion. Both numbers beat Wall Street estimates. Analysts had been expecting Apple to post earnings per share of $7.34 on revenue of $35.18 billion. As Apple reports quarterly results after the close of business their gross profit margin has been falling since it hit 47% at the beginning of 2012. The company?s top-of-the-line iPhone 5 carries the highest profit margin, analysts say but worries about low supply levels make Apple shakey.

Must Watch

Must Watch

  1. Steel Panther - Steel Panther

  2. 4:05

    5 Seconds Of Summer - She's Kinda Hot

  3. 0:56

    Demi Lovato | Behind the Scenes | Cosmopolitan

  4. Hitchhiking robot comes to the end of the road

  5. 13:39

    President Obama Gets Tough on Environment

  6. James Holmes Trial Enters Death Penalty Phase

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security