Apple splitting stock as iPhone sales soar


  • TECH
  • Thursday, 24 Apr 2014

BUMPER NUMBERS: Apple on Wednesday courted investors with stock split plans as hot iPhone sales pushed up profits while underscoring pressure for the company to unveil "the next big thing."

SAN FRANCISCO: Apple on Wednesday courted investors with stock split plans as hot iPhone sales pushed up profits while underscoring pressure for the company to unveil "the next big thing." 

Apple shares jumped more than 7% to US$566.15 (RM1,848.76) in after-market trade following the release of January-March earnings figures showing profit of US$10.2bil (RM33.31bil) on US$45.6bil (RM148.9bil) in revenue. 

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