The logo for Apple Computer, now Apple Inc.. T...

Image representing Apple as depicted in CrunchBase
Image via CrunchBase

Image representing iPhone as depicted in Crunc...Apple Inc.http://www.cbc.ca/news/business/story/2012/04/24/apple-second-quarter-earnings.html

This article from cbc states that Apple, one of the most valuable and profitable companies in the world today raised it’s total income 93 percent! The main cause for the massive profit increase would be their Iphone sales. The Cupertino, Calif.-based company said it sold 35 million Iphones in the past 3 months, or nearly double the total in the same timeframe last year. Iphones now account for 58 percent of Apple’s total revenue. 3 years ago they were only 27 percent. Most of Apple’s sales have been in China, and will probably stay that way for a long time concidering how many people reside in China. The article also explains that Apple’s Mac sales have been below expectations by 4 million.

This article really frightend me. Technology is growing at such a surprising rate. I continue to wait for Apple’s next release.

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