SAN FRANCISCO (Reuters) - Apple's (AAPL.O) quarterly profit soared past Wall Street expectations on strong sales of iPhones and iPods, underscoring the popularity of the company's relatively expensive products even in the midst of a weak economy.
Known for giving conservative outlooks, Apple projected profit and revenue for the current quarter below average Wall Street estimates, but that did not discourage investors, who drove its shares up 3 percent after-hours on Wednesday.
May 4 (Bloomberg) -- The Australian dollar rose to thehighest since October and New Zealand’s currency also gained asan expansion in Chinese manufacturing added to optimism theglobal slump is easing.
Exxon Mobil Corp.'s first-quarter profit plummeted to a five-year low because of shrunken oil prices and the global economic slowdown, but the company says it's on track to invest a record $29 billion in projects this year.
* Q1 rev beat estimates by $10 mln * Raises share buyback program * Q1 adj shr beat estimates by 1 cent * Sees FY rev flat; Q2 rev flat to slightly down April 29 (Reuters) - Infrastructure software maker CitrixSystems Inc (CTXS.
A site host for a wiki covering iTunes database exploration has opted to fight back against repeated legal threats from Apple by suing the iPod maker in court on grounds of censorship.
SEATTLE -- Strong sales of the iPhone helped Apple Inc. lift its quarterly profit 15 percent, well ahead of Wall Street's expectations Wednesday despite the global economic downturn. For the three months ended March 28.
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