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Apple Announces Most Profitable Quarter in History
zacharye writes with an except from an article over at BGR about Apple's quarterly results: "'Disappointing' though it may have been to some, the iPhone 4S propelled what is now confirmed to have been the most profitable quarter any technology company has ever recorded. Apple on Wednesday reported record earnings for the December quarter, revealing a profit of $13.06 billion on revenue that surpassed $46 billion. Among technology companies, Apple's fiscal first quarter represents the most profitable quarter ever recorded. Only one U.S. company has ever posted a more profitable quarter — Exxon managed a profit of $14.8 billion in the third quarter of 2008 — and the driving force behind Apple's record-setting performance was quite clearly the iPhone."
Nokia and RIM should read and weep. This should have been them.
Poor choices of business partners and lack of vision on the part of RIM, nothing new there. Someone has to win.
I imagine Steve Ballmer needs a new chair at the moment. So that's a plus for the local office furniture outlet he buys from .. expect them to declare a good quarter, too.
A feeling of having made the same mistake before: Deja Foobar
You lost me there. Everybody knows it's the drummer that has insight into everything.
The real Sig captains the Northwestern. This one captains
Cause...
I'm a bass player
Meet effect...
it's now considered fortunate to have a shitty McJob
He was a drummer, until he took an arrow to the knee
Damn you, dnaumov, now I have to open at least 5 Wikipedia tabs so I can later pretend I understand something about investing.
Lessee... "PE".... 41 matches. This is gonna take a while...
And the number of "fanboys" appear to grow exponentially each quarter, judging by the financial results. How exactly do you imagine that Apple manages to keep on getting all these new fans?
WARNING: This question actually requires you to think. Be careful. Do some warm ups first.