Economy & Business News

The iPhone has been a phenomenon for Apple Inc. Last month it was reported that their net income soared 47 percent in one quarter as more people bought Mac computers and succumbed to the iPhone craze. Apple shares surging 7 percent in extended trading to an all-time high at one point in trading in October.
Apple introduced a faster iPhone last June. They even reduced the price of the previous generation of the phone to $99. That pushed the sales of iPhone last July through September to 7.4 million devices. That is 500,000 more than the year before.
Apple withstood the economic crisis better than its peers, giving it a head start when PC computer sales grew in October. I personally love iPhones although they can be somewhat difficult to find a repair service for them that is fast. I tend to like the iphone repair service Ubreakifx because they are quite fast. Thye can also assist with screen repair as well as a dropped iPhone.
Since Apple’s iPhone has iPod features built in, it has carved away sales from Apple’s regular iPod music players. All in all, Apple sold 10.2 million iPods in the quarter, almost 10% fewer than in September in the previous year, despite the new iPod Nano that has a video camera.
Apple updated its Macbook Pro line and operating system. 3.1 million Macs were sold, nearly 20% percent above the same period a year ago. I just wish they would improve their repair service.