Apple Just Had Its Biggest Quarter Ever

The company's stock went through the roof.

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Apple had its third quarter earnings call last night, and it's safe to say that it's good great to be in the iBusiness. The Cupertino company made $28.57 billion in revenue last quarter and $7.1 billion in profits, both all-time highs. The news in turn led to another breakthrough for Apple-- a record stock price in excess of $400 per share.

The money came rolling in on the backs of over20 million iPhones and over 9 million iPads sold. As the newer iDevices climb in popularity, though, the venerable iPod has been declining. Apple sold 7.5 million mp3 players over the quarter, which is down from the same time last year.

[Business Insider]

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