Apple profits fall for first time in a decade

 Apple said it sold 37.4 million iPhones and 19.5 million iPads worldwide in the three-month period.

Computer and smartphone maker Apple has reported its first quarterly drop in profits in a decade, but said it will raise dividends for shareholders.

It made a net profit of $9.5bn (£6.2bn) in the January to March quarter, down from $11.6bn last year.

But the results were better than many had expected, as strong iPhone and iPad sales boosted revenues to $43.6bn.
Posted by Unknown 4/24/2013