Linked by Thom Holwerda on Tue 23rd Apr 2013 22:35 UTC
Apple "Apple just posted its hotly-anticipated Q2 2013 earnings, and the company posted a profit of $9.5b on revenues of $43.6b, compared to $11.6b in profit on $39.2b in revenue this quarter last year and $13.1b in profit on $54.5b in revenue last quarter. That's right in line with the company's guidance from last quarter. Most importantly, iPhone sales are fairly flat year-over-year. Apple sold 37.04 million in Q2 2013 versus last year's 35.1 million, a modest growth of seven percent. iPad sales for the quarter were 19.5 million, up a massive 65 percent from last year's 11.8 million, but the average selling price (ASP) dropped fairly steeply year-over-year, likely due to the introduction of the cheaper iPad mini."
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RE[5]: What's going on here?
by WorknMan on Wed 24th Apr 2013 17:51 UTC in reply to "RE[4]: What's going on here?"
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If Apple is doomed because they *may* become a boringly profitable company, what about the fate of others companies?

I wouldn't necessarily say they're doomed... if nothing else, they make decent laptops. They'll probably survive as a shadow of their former self. Kind of like how Sony was a premium electronics brand back in the day, and now they're just an also-ran.

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