Apple’s stock is doing quite well today after the company released an impressive earnings report yesterday afternoon. The report for the record 2nd quarter included 83% revenue growth, and 95% profit growth.
Revenue came to $24.67 billion with profit at $5.99 billion ($6.40 per diluted share). That’s compared to the same period last year, when the company reported 13.50 billion revenue and $3.07 billion profit.
In afternoon trading, Apple stock is up 2.58% to $351.25 per share at the time of this writing.
"With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders,” CEO Steve Jobs commented on the company’s earnings. "We will continue to innovate on all fronts throughout the remainder of the year.”
