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Apple Earnings Surge 33% on iPhone Sales

April 28, 2015 by Blog Posts

Higher-priced phones help Apple beat out rivals; Tech giant also boosts dividend by 11%

By DAISUKE WAKABAYASHI

Apple Inc. is pulling off a feat rarely seen in any industry, much less the

575 Madison Avenue New York City Apple chartcutthroat world of consumer electronics: gaining market share while also commanding higher prices.

Led by the larger-display iPhones it introduced last fall, Apple on Monday said it sold 61.2 million iPhones in the three months ended March 28, up 40% from the year-earlier period. Many of those sales came in emerging markets, including a 72% gain in the number of phones sold in China.

The average selling price of an iPhone during the latest quarter was $659, up more than $60 compared with a year earlier.

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World-Wide Business Centres
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New York, NY 10022
(212) 605-0200

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World-Wide Business Centres
575 Madison Avenue, 10th Floor, New York, NY 10022-2511, Phone : 212.605.0200, E-mail : info@wwbcn.com
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