iPhone 5 may be out in September – Apple iPad responsible for record profits says RBC

• 12/04/2011

apple iphone5 launching september june 2011

So, to trim this down for everybody reading, Apple is stupid rich after launching the Apple iPad and iPad 2 this year, along with the Apple iPhone 4 last year as well, the quarterly profits have gone up 78% this Q2 when compared to Q2 of 2010. WOW! Apple is selling so much of its product that RBC Capital Markets Managing Director Mike Abramsky told investors that RBC was increasing its revenue forecast from $99 billion to $102 billion for 2011, pushing Apple over the $100 billion mark for the first time ever.

They added that the refreshed Macbook Air and Pro line has added fuel to the growing profit margin, but the iPad models and iPhones have made the largest impact. The iPhone 5 is expected to launch in September this year as well, but it could still launch earlier, possibly June as we reported here. Apple has alots and alots of moneys….

[Via – BGR]

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Tags: apple, AT&T, donald, forecast, Guidance, ipad, iPad 2, iPad sales, iPad shipments, iphone, iPhone 4, iPhone 5, iphone5, japan, Mike Abramsky, money, profit, RBC, revenue, rich, Shipments, stock, trump, verizon, verizon iphone, verizon wireless, VZW iPhone

Category: Apple, iPad, iPhone, News


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