Apple once again topped Wall Street's estimates with its second-quarter earnings, bringing in strong profits and selling more iPhones than expected.
This slightly overshadowed the first major sales numbers of the new iPad, which launched last month. Apple has sold fewer units of the device than analysts had estimated it would.
Apple reported revenue of $39.2 billion and earnings of $11.6 billion, or $12.30 per share, for the quarter ended March, 31, 2012. That was up from the $26.67 billion in revenue and $5.99 billion, or $6.40 per share, the company reported for … Read more