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REVENUES Apple Rakes In the Holiday Cash Spencer Platt / Getty Images

Apple Rakes In the Holiday Cash

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.

January 24, 2012 6:13 PM