Apple money

Apple’s staggering Q1 earnings by the numbers

Apple investors jumped for joy at the company’s first quarter earnings report today, with results that beat high Wall Street expectations. The company earned a record net profit of $13.06 billion on revenue of $46.33 billion and sold a record 37 million iPhone units.

Take Two

Take-Two beats Q2 expectations, still posts losses

Video game company Take-Two Interactive reported a better than expected loss for the second quarter of the 2012 fiscal year, which the company attributed to strong sales from its catalog of titles as well as more online distribution.