Apple Rakes In the Holiday Cash

    NEW YORK, NY - DECEMBER 09:  People walk into the new Apple store in Grand Central Station on December 9, 2011 in New York City. The store, which opened to the public today, overlooks the main concourse of the historic train station and will become Apple's new flagship store in New York. It features two Genius Bars, 15-minute Express Workshop for commuters on a tighter schedule and will employ 315 people. This will be the fifth Apple store in New York City.  (Photo by Spencer Platt/Getty Images)

    Spencer Platt / Getty Images

    Apple continues its world domination. The tech giant announced Tuesday that its revenues increased a whopping 73 percent, bringing in $46 billion in its first fiscal quarter this year. Apple executives reported profits of more than $13 billion, which translated to $13.87 a share—more than $3 higher than Wall Street expectations. The surging revenues were the result of a busy holiday season, during which the company sold roughly 31 million iPhones, 13.5 million iPads, and 5 million computers.

    Read it at Reuters