Apple Announces Most Profitable Quarter in History

Posted by Unknown on Tuesday January 24, 2012 @11:39AM from the that's-a-lot-of-zeros dept.

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."

1 of 761 comments (clear)

Min score:

Reason:

Sort:

Re:Not a bubble. Inflection point. by narcc · 2012-01-24 15:01 · Score: 0, Offtopic

Woo, SuperKendall the Apple Zealot strikes again.
He's competing with BasilBrush for the coveted "Cheif Slashdot Apple Fan" position now that Bonch seems to have disappeared.

--
Required reading for internet skeptics