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Apple Profit Falls 22% But iPhone Sales Are Up
New submitter marcushoward writes in with news of Apple's quarterly results. From the article: "Apple on Tuesday reported fiscal
third-quarter revenues of $35.3 billion and profits of $6.9 billion, or $7.47 per share. The revenue number is basically even with Apple’s results from a year ago, but its profits were off by almost $2 billion. Revenues were mostly in line with Wall Street’s expectations of $35.09 billion and slightly above its earnings per share expectation of around $7.31. Apple itself had predicted revenues between $33.5 billion and $35.5 billion."
Compared to this quarter last year, sales of Macs are about even, iPad sales dipped slightly (14.6 million vs 16 million), and iPhone sales are up quite a bit (31 million vs 26 million).
boo hoo.. Only made 6.9 BILLION in PROFIT... the headline should be "HOLY FUCKING SHIT THEY MADE 6.9 BILLION IN PROFIT"
What plane do you live on? The iPhone 5 was barely distinguishable from the 4? It had a larger screen, replace glass with an aluminum unibody shell, removed the metal band around the edges, and introduced a 2-toned color look to the back. Only a buffoon can't spot these differences a mile away.
It's more like this:
Everyone else is losing money. Apple makes $6.9 billion. Die, Apple, Die!