Apple Profit Falls 22% But iPhone Sales Are Up

Posted by Unknown on Wednesday July 24, 2013 @02:14AM from the everyone-needs-five-iphones dept.

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).

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I don't get it by slashmydots · 2013-07-24 02:21 · Score: -1, Troll

The Samsung Galaxy phone is better and any tablet in the world is better than the iPad. As soon as people realize it has no HDMI, no micro-SD port, and no USB port for flash drives, they can go spend 5x less on a tablet that can or get the vastly superior Galaxy tablet for the same price. My long time Apple fanatic roommate just dumped is iPhone 4 for a Samsung Galaxy and admitted it was far better. Plus, his 4's soldered-in battery just failed so I think there was a valuable lesson there too. So how could their device sales possibly be going up? And with Windows 8 out, how could their desktop sales be going down?