apple profits
Apple reports highest quarterly revenue and profits ever
The numbers are getting so huge for Apple that I can’t even wrap my head around them anymore. Apple announced today the results for its fiscal 2012 first quarter, which ended December 31st, 2011. If you were worried about how the company would fare without Steve Jobs at the helm, record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion ($13.87 per diluted share) should help allay your fears.
Apple’s beats Microsoft profits for first time in 20 years
For the first time in 20 years, Apple’s quarterly profits and revenues ($6 billion and $24.7 billion respectively) were greater than Microsoft’s ($5.2 billion and $16.4 billion, respectively). The reason for this is the decline in popularity of laptop and desktop computers, since Microsoft gets half of its profits from Windows licenses, as well as Bing recording a loss of $726 million.
Once again, bloggers outperform the analysts on AAPL
Apple announced another great financial quarter yesterday: $3.07 ba-ba-ba-billion of profit on sales of 8.75 million iPhones, 10.89 million iPods, and 2.94 million Macs for the best non-holiday quarter ever. And who came closest to predicting this blowout? Professional analysts who are paid handsome salaries to advise investors? Nope. Bloggers.
Apple reports most profitable quarter ever
It seems that even in this economy, there’s no slowing Apple down. The company announced its quarterly earnings Monday, revealing that its net income rose 47 percent. The earnings, which were driven by record Mac computer and iPhone sales, sent Apple shares surging 7 percent in extended trading to an all-time high.
Apple’s profit expectations may fall short
Along with many other large corporations, Apple has shown some signs of being affected by our current recession, which is likely to continue in the near future. According to Thomson Reuters, Apple is expected to have a 13% year-over-year increase in earnings to $1.42 a share, which is above Apple’s own expectations of between $1.18 to $1.23. However, some people on Wall Street are expecting even more of Apple…
















