Another Strong Quarterly Report, Apple Developers Conference Announced

Once again Apple’s quarterly report wowed investors, causing the stock to surge on Wednesday. Apple announced a profit of $11.6 billion on $39.2 billion in revenue. It sold 35.1 million iPhones, 11.8 million iPads and 4 million Macs.
In a conference call after the announcement, Apple confirmed again that Mac OS 10.8, Mountain Lion, will be out in late summer. In the education market the iPad outsold Macs two to one. iCloud now has 125 million users.
On Wednesday Apple announced the dates for its annual Worldwide Developer Conference: June 11 to 15. Tickets sold out in two hours.