Apple's earnings slowing for iPads and Macs, iPhone is still tops

Apple sold 31.2 million iPhones in the past quarter, blowing past expectations and maintaining its leadership position for smartphones in a number of markets. The Company posted quarterly revenue of $35.3 billion and quarterly net profit of $6.9 billion, or $7.47 per diluted share. These results compare to revenue of $35 billion and net profit of $8.8 billion, or $9.32 per diluted share, in the year-ago quarter.