Apple Posts Earnings ($19 Million Profit)
Apple posted their quarterly earnings that fell from a year ago, but on slightly higher revenue:
- For the fiscal third quarter ended June 28, Cupertino, California-based Apple said it had net income of $19 million, or 5 cents a share, down from $32 million, or 9 cents, a year ago. Revenue rose to $ 1.55 billion from $1.43 billion.
Apple's financial results conference call takes place at 5:30pm.