Apple revenues soar to $28bn

APPLE’S quarterly revenue again crushed Wall Street expectations, driven by blockbuster sales of its iPhones and iPads.

Its flagship products all exceeded forecasts. It sold 20.34 million iPhones during the quarter, 9.25 million iPads and 3.95 million Mac computers. Gross margin for the quarter came to 41.7%.

The stellar results came as concern over iPad 2 supply constraints eased.