Apple has just released their first quarter earnings for 2012 and once again they have much to smile about. Apple has doubled their profits to $11.62 billion with revenues increasing a massive 60% to over $39.19 billion.
The iPhone alone managed to sell over 35 million units for the quarter. Even more impressive was the iPad who had an incredible 151% increase in sales from the same period in the previous year to a massive 11.8 million units. These figures put Apple in the enviable position of entering the new quarter with excess cash in the region of $110 billion.
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According to CFO Peter Oppenheimer earnings were powered largely due to the 35.1 million iPhones sold in the quarter which is an increase of over 88% over the same period in 2011.
The iPad is so popular that according to Oppenheimer Apple cannot make enough of them as this was clearly shown in the over 11.8 million sold which is a 151% increase from the same period last year.
In terms of Apple retail stores, there was an increase of over 38% from the same period last year. Even with Apple’s Macs there was a reported 7% increase from the same period last year.
Apple has been concentrating heavily on gaining market share in China and produced quarterly earnings of over $7.9 billion in China alone. It is no surprise that scratch cards are becoming accessible to every corner of the planet as more and more people are using mobile devices like iPads and iPhones for scratching and winning on their favorite gaming apps. It’s really easy to play Mobile casino games like scratch cards.
The smartphones these days do not even need to install an App in order to play the scratch and slots games. It’s all done through your phone web browser. The Mobile slots and scratchcards sites all use the latest in encryption technologies to make sure it’s safe to gamble on your device.
The iTunes store sore a year increase of 30% with revenues reaching $1.9 billion and according to CFO Oppenheimer there was an increase from 71 million visitors to 85 million visitors for the same period a year ago.
It has become as common for people to whip out their smartphones and play their mobile scratchies as it is to listen to your favorite music in iTunes.
Apple has over 600,000 apps available with over 200,000 alone for the iPad. In terms of hard cash, Apple produced $14 billion in cash flow for the quarter and an overall $110.2 billion at the end of March.
As to be expected Apples share price rose by over 4.7% due to their spectacular quarterly results and managed to break the $600 mark.
The quality and variety of scratch cards makes them the ideal format for mobile scratchgame apps as they are able to provide something for everyone. However the ultimate selling point for scratch tickets online is without doubt the low input high reward formula of the modern day scratchcard.