tonorator Posted October 20, 2009 Share Posted October 20, 2009 and the christmas season is upon us! the ira is looking mighty nice these days ... Apple's Insanely Great Quarter: 3.05 Million Macs, 7.4 Million iPhones SoldFrom All Things Digital, Oct. 19, 2009: Apple’s September quarter saw, among other things, the release of Snow Leopard, the latest upgrade to its OS X operating system andthe first public appearance of CEO Steve Jobs, who’d been on a medical leave of absence for a liver transplant. It was also the first full period since the company launched the iPhone 3GS, in late June. No wonder it was a blowout quarter. After market close Monday, Apple reported a fiscal fourth-quarter profit of $1.67 billion, or $1.82 a share, on revenue of $9.87 billion. That topped the estimates of analysts surveyed by Thomson Reuters, who’d expected the company to earn $1.42 a share on revenue of $9.2 billion. The company sold 3.05 million Macs during the quarter, a 17 percent increase over last year. It sold 10.2 million iPods, eight percent decline from a year-ago quarter. And iPhones? It sold 7.4 million of those — seven percent more than it did during the same period last year. So much for those supply-chain issues that some analysts warned might undermine iPhone sales. “We are thrilled to have sold more Macs and iPhones than in any previous quarter,” said Steve Jobs, Apple’s CEO. “We’ve got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010.” (Editor's Note: "...really great new products"--is that a euphemism for tablet?) Apple shares, which closed at $189.86 today, are spiking as I write this. At $203.90 they’re up more than seven percent in extended trading as I write this. Looking ahead to its fiscal first quarter, Apple estimates it will earn between $1.70 and $1.78 a share on revenue in a range of $11.3 billion to $11.6 billion. That’s comically lower than the $1.91 a share on $11.45 billion in sales that analysts are forecasting. But as today’s results clearly demonstrate, Apple subscribes to the underpromise-and-over-deliver school of guidance theory, so there’s likely little cause for concern. So, to recap: Apple sold more Macs and more iPhones than in any previous quarter in the company’s history. Before the holiday quarter. And in midst of the worst economy we’ve seen in 50 years. Quote Link to comment Share on other sites More sharing options...
posty Posted October 20, 2009 Share Posted October 20, 2009 Time of the Obama administration to go after Apple now since they are making too much money... Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted October 20, 2009 Share Posted October 20, 2009 keep spending america!!!! Quote Link to comment Share on other sites More sharing options...
Yukon Cornelius Posted October 20, 2009 Share Posted October 20, 2009 Time of the Obama administration to go after Apple now since they are making too much money... your not the sharpest knife on the tree is yah? Quote Link to comment Share on other sites More sharing options...
posty Posted October 20, 2009 Share Posted October 20, 2009 your not the sharpest knife on the tree is yah? What makes you think that they won't? Quote Link to comment Share on other sites More sharing options...
AtomicCEO Posted October 20, 2009 Share Posted October 20, 2009 What makes you think that they won't? He's not a paranoid nut? Quote Link to comment Share on other sites More sharing options...
posty Posted October 20, 2009 Share Posted October 20, 2009 He's not a paranoid nut? We are talking about the Obama administration, right?? Quote Link to comment Share on other sites More sharing options...
AtomicCEO Posted October 20, 2009 Share Posted October 20, 2009 We are talking about the Obama administration, right?? I'm thinking whatever you're thinking. Quote Link to comment Share on other sites More sharing options...
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