The results are in. Apple’s first quarter earnings have been revealed, and the Cupertino-based company managed $10 billion in revenue, a big jump from last quarter’s $7.9 billion and last holiday’s $9.6 billion.
Earnings per share, at $1.78, rose considerably from last quarter’s $1.26, which suggests that Apple held its weight despite the economy.
The iPod was definitely the bright spot for Apple, with 23 million units sold, while sales of Apple computers were down 90,000, compared to 2.5 million in the previous quarter.
Apple loosened its grip on the iPhone, sending it out to more countries around the globe and allowing mega-retailers like Wal-mart to sell the device. However, that didn’t help push the product, as sales dropped 2.5 million from the previous quarter, by almost half.
Though it wasn’t the best quarter for the company, it could’ve been worse considering the economy.
