Apple Posts Healthy Quarterly Profit

April 24, 2012 Updated Apr 24, 2012 at 6:35 PM EDT

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Apple Posts Healthy Quarterly Profit

April 24, 2012 Updated Apr 24, 2012 at 6:35 PM EDT

According to a news release issued Tuesday, tech giant Apple reported a healthy profit for the recently concluded financial quarter.

Apple reported a net profit of $11.6 billion on quarterly revenue of $39.2 billion for the period ending March 31, 2012.  Apple also announced that it sold 35.1 million iPhones and 11.8 million iPads during the quarter.

Read the entire Apple news release HERE.