Apple IPad Sales Drop As Firm Reports Record Revenues

Apple reported record revenue and profits - but just for the second quarter - nearly doubling its revenue and profits from a year ago. But iPad sales dropped sharply from the fourth quarter, the peak holiday season.Apple reported profits of $5.99 billion, roughly flat with the fourth quarter, on revenue of $24.67 billion. Apple's profits increased by 95 percent compared to the same period last year, when it reported $3.07 billion in profits, and the company's revenues increased by 83 percent, versus $13.50 billion."That underscores Apple's impressive operations and I think it is very positive for Tim Cook, said Bill Kreher, a technology analyst at Edwa

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