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SAN FRANCISCO, April 20 (Xinhua) -- Apple Inc. on Wednesday reported record second fiscal quarter results that blow out analysts'expectations, citing strong demands for its products.For its fiscal 2011 second quarter ended on March 26, Apple posted net income of 5.99 billion U.S dollars or 6.4 dollars per share, compared with 3.07 billion, or 3.33 dollars per share a year ago. Its revenue reached 24.67 billion dollars, compare with 13.5 billion in the same period a year earlier.Analysts polled by Thomson Reuters gave an average estimate of 5.35 dollars earning per share on revenue of 23.3 billion."With quarterly revenue growth of 83 percent and profit growth of 95 percent, we're firing on all cylinders," said Steve Jobs, Apple's CEO. "We will continue to innovate on all fronts throughout the remainder of the year."As the most valuable business for the company, Apple sold 18.65 million iPhones in the second quarter, representing 113 percent unit growth over the year-ago quarter. In February, Apple announced that iPhone4 would come on Verizon network, enabling it to attract some 90 million Verizon subscribers to adopt the popular smartphone.The company sold 3.76 million Macs during the quarter, a 28 percent increase over the year-ago quarter, and 9.02 million iPods during the quarter, representing a 17 percent unit decline from the year-ago quarter.The company also sold 4.69 million iPads during the quarter, which is below analysts' projection. Analysts said Apple could have sold more tablets without supply constraints.Wall Street analysts estimated sales of iPad to reach about 6 million in the fiscal second quarter, alongside about 16 million iPhones and 3-4 million Macs.Apple also reported a gross margin of 41.4 percent compared to 41.7 percent in the year-ago quarter. Analyst said the decline of Apple's gross margins can be attributed to two reasons. One reason is the introduction of iPad in 2010 as it is a lower gross margin product than the iPhone. The other is the decline of iPhone margins over years.Supply chain related issues have been analysts' concern in the past quarter as Apple indicated in the Q1 earnings conference call that it could have sold more iPhones and faced some supply related issues. Meanwhile, the Japanese earthquake created more supply related issues for the company as its Japanese suppliers Mitsubishi Gas Chemical and Toshiba are both temporarily shut down to assess damage from the natural disaster.For the third fiscal quarter, Apple CFO Peter Oppenheimer gave an estimated revenue of about 23 billion and profit of 5.03 dollars per share.

BEIJING, Feb. 21 (Xinhua) -- China's top leading body Monday pledged to prevent wild swings in the economy, while warning that the economic situation in 2011 would be complicated.The country should maintain stable and consistent macro-economic policies while improving accuracy, flexibility and efficiency of the policies, the Political Bureau of the Communist Party of China (CPC) Central Committee decided at a meeting presided over by President Hu Jintao, who is also General Secretary of the CPC Central Committee.Officials at the meeting were urged to "remain sober, be aware of difficulties, and work hard to fulfill the tasks this year so as to create a good beginning for the 12th Five-Year Program (2011-2015)."The top echelon of leadership reassured that China would continue an active fiscal policy and prudent monetary policy, while trying to balance steady economic growth with economic restructuring and control of inflationary expectations."It is necessary to maintain stable commodity prices, expand domestic consumption, increase investment in agriculture, speed up industrial restructuring, promote education and development of science and technology, and improve people's livelihoods and cultural services," the Political Bureau of the CPC Central Committee urged at the meeting.It also reiterated the importance of making great efforts to expand reforms in key sectors, advance the cause of opening-up, while intensifying endeavor to build a clean government and fight corruption.Members of the Political Bureau of the CPC Central Committee also discussed the drafts of the government work report and the 12th Five-year Program, or the national development plan for 2011 to 2015.The two documents will be submitted to the top legislature for discussion and approval at its forthcoming annual session in March.The period from 2011 to 2015 will be critical for China which wants to build a well-off society, said a statement from the meeting.In the next five years, in a bid to meet Chinese people's expectations for a better life, China will stick to scientific development by focusing on accelerated transformation of its way of economic growth while deepening the reform and opening-up, guaranteeing and improving people's livelihoods, according to the statement."It is necessary to solidify and boost China's success in outperforming other countries in dealing with the international financial turmoil, and advance the economy to grow at a faster and steady pace for a long time while guaranteeing social harmony and stability," the statement said.Great efforts should also be made to develop social services, advance the cause of conserving energy and resources, protecting the environment in a down-to-earth manner, as well as keep intensifying the drive to enhance reform of the government, the statement said.

BEIJING, Feb. 15 (Xinhua) -- China's consumer inflation accelerated in January on surging food prices, adding pressure for the government to tackle escalating inflation amid the nation's spreading winter drought.The consumer price index (CPI), a main gauge of inflation, rose 4.9 percent in January year on year, the National Bureau of Statistics (NBS) announced Tuesday.The figure is 0.3 percentage points higher than that of December.Food prices soared 10.3 percent year on year.

BEIJING, Feb. 12 (Xinhua) -- The Chinese government has reiterated a strict ban on hepatitis B tests during pre-employment physical examinations as many companies reportedly violated rules to require hepatitis B tests for job applicants.In a statement released Saturday, the Ministry of Health said that no health institutions are allowed to provide hepatitis B checks as part of pre-employment physical tests regardless of whether the examinees provide consent or not.On Feb. 10, 2010, the Ministry of Health, the Ministry of Education and the Ministry of Human Resources and Social Security jointly issued a circular demanding the cancellation of the hepatitis B tests during the health checks for school enrollment and employment nationwide.However, according to a survey released this week, which was conducted by the non-profit Beijing Yirenping Center, some 61.1 percent of the 180 state-run companies surveyed included hepatitis B checks in their pre-employment physical examinations.More surprisingly, 63 companies said that they would never consider hepatitis B carriers for a job or were reluctant to hire such people.Yu Fangqiang, the principal of the Yirenping Center, said that such violations mainly resulted from light punishment for violations and some health institutions' desire for profits.According to the survey, employers would only be fined between thousands to tens of thousands of yuan if they lose their lawsuits for bias against hepatitis B carriers.Meanwhile, a worker will spend a lot of time, energy and money to file a lawsuit and collect evidence in order to win.Liu Xiaonan, an associate professor with the China University of Political Science and Law, called on the government to hammer out a particular law and set up a special committee to investigate discrimination cases in order to ensure the rights of workers.In the statement released Saturday, the health ministry also ordered a careful investigation of all cases of hepatitis B discrimination, and promised that violators would be exposed and punished in accordance with laws and regulations.Medical tests show that hepatitis B virus can only be transmitted from mother to child during childbirth or by contact with the blood or other body fluids of an infected person.

LOS ANGELES, April 8 (Xinhua) -- NASA's Wide-field Infrared Survey Explorer (WISE) has discovered a rare asteroid that traces out a horseshoe shape relative to Earth, the Jet Propulsion Laboratory (JPL) said on Friday.Unlike most near-Earth asteroids (NEAs) that have eccentric, or egg-shaped, orbits that take the asteroids right through the inner solar system, the new object has an orbit that is almost circular such that it cannot come close to any other planet in the solar system except Earth, JPL said.However, even though the asteroid rides around with Earth, it never gets that close, said JPL in Pasadena, Los Angeles.As the asteroid approaches Earth, the planet's gravity causes the object to shift back into a larger orbit that takes longer to go around the sun than Earth. Alternately, as Earth catches up with the asteroid, the planet's gravity causes it to fall into a closer orbit that takes less time to go around the sun than Earth, according to JPL.The asteroid therefore never completely passes our planet. This slingshot-like effect results in a horseshoe-shaped path as seen from Earth, in which the new object, designated 2010 SO16, takes 175 years to get from one end of the horseshoe to the other, JPL said."The origins of this object could prove to be very interesting, " said Amy Mainzer of JPL, the principal investigator of NEOWISE, which is the asteroid- and comet-hunting portion of the WISE survey mission. "We are really excited that the astronomy community is already finding treasures in the NEOWISE data that have been released so far."JPL manages and operates the WISE for NASA's Science Mission Directorate, Washington.