APPLE IS said to have sold every iPad that it could manufacture as a result of which they have earned revenue of $28.57 quarterly. Apart from it, the company also recorded a huge profit, which is said to have increased by a whopping 125 per cent, which would amount to an excess of $7 billion. The stock valuation of the company increased to 348 billion dollars owing to the latest developments.

The Chief Executive of the Company, Steve Jobs was very pleased as it was their best business during the month of April and June ever.  The company was also able to sell around 20.34 million iPhones between during this time. The sale of iPhones also witnessed an increase by 144 percent too.

Apple is keeping a very close eye on China as they have identified it to be a very profitable market for them, which would help them in increasing their revenues too. The sale in China has increased multiplefold as compared to the sales last year.  It is believed that the company has already started discussions about the possibility of selling iPhones through China Mobile, a company which comprises of more than 600 million subscribers.

The sale of Apple Macs also saw an increase by 14 percent as compared to their sale earlier in the year. The company overall has achieved more than its said target, which would be pleasing the company's employees, reflecting their hard work.