back to article Apple tops estimates with earnings leap of 118 per cent

Apple blew past even the most optimistic Wall Street earnings estimates for the first quarter of its fiscal 2012, posting revenues of $46.33bn, resulting in a quarterly net profit of $13.06bn, or $13.87 per share. "We're thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs," said CEO Tim …

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  1. Crisp
    Stop

    There has to be something crooked going on here.

    There's no way a company can honestly make that amount of money.

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