Linked by Thom Holwerda on Mon 19th Oct 2009 21:43 UTC
Apple It's getting a little bit predictable, but Apple has reported yet another stellar set of quarterly financial results. The company has sold more Macs and iPhones than the same quarter last year, but sales of the iPod were down compared to the same quarter last year. Profits and gross-margins were also up.
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Comment by Tony Swash
by Tony Swash on Mon 19th Oct 2009 22:01 UTC
Tony Swash
Member since:
2009-08-22

Unbelievably impressive performance on all fronts. The fact that Mac sales are up so much (during a recession etc) just shows that all the carping about over priced Apple kit is completely misjudged. People seem to really, really want Apple kit and are willing to pay for it.

I am hopeful, in fact I strongly expect, Apple to move ahead briskly on the innovation front in the coming year when we can expect to see the emergence of products using new chip technology arising from Apple's purchase of PA Semi (the chip design company) last year. Apple doesn't buy many companies and when they do its usually for very strategic reasons. Its competitors are still trying to catch up with the iPhone but Apple is already moving beyond that. As Steve Jobs said - "Apple tries to skate to where the puck is going to be not where it is".

I am just glad I put so much of my retirement fund into Apple shares quite some time ago.

Edited 2009-10-19 22:02 UTC

Reply Score: 3