Last quarter Apple reported $13.1 billion in earnings, making the fourth best quarter of all time, notes Philip Elmer-DeWitt for Fortune. In fact, Apple has had 5 out of the 10 highest quarters and is the only tech company in the top ten. It was Apple's fifth $10-billion-plus quarter in three years. Only oil and gas companies make that kind of money, and they haven't … [Read more...] about Apple's Last Quarter Was the 4th Best of All Time
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Sprint Reports 1.4 Million iPhone Sales in 3Q13, 40% to New Customers
Sprint has reported its earnings for the third quarter of 2013. The company sold nearly 5 million smartphones including 1.4 million iPhones in the quarter. Quarterly net income was $383 million, operating loss was $398 million, and Adjusted EBITDA* was $1.34 billion. “During the third quarter Sprint platform postpaid service revenue and ARPU once again hit record levels and we … [Read more...] about Sprint Reports 1.4 Million iPhone Sales in 3Q13, 40% to New Customers