Juno may have been a bit of a dud, at least in our area, but Apple's quarterly earnings report yesterday sure lived up to expectations. Apple notched a profit of $18 billion in the quarter - a new record for a company that is known for setting financial records.
There were two main sources for the blowout performance: iPhones and China. The company sold 74.5 million phones in the quarter, after the most optimistic analysts' estimate had topped out at 71.5 million.
But the China numbers were even more impressive. Apple derived $16.1 billion in revenue from greater China, which includes Taiwan and Hong Kong. That's up a whopping 70 percent from the same quarter a year earlier.
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