Linked by Thom Holwerda on Wed 23rd Jan 2013 22:09 UTC
Apple "Apple Inc reported quarterly revenue that slightly missed Wall Street expectations as sales of its flagship iPhone came in below target, sending its shares down more than 4 percent. The world's largest technology company shipped 47.8 million iPhones, lower than the roughly 50 million that Wall Street analysts had predicted. Sales of the iPad came in at 22.9 million in the fiscal first quarter, about in line with forecasts." I'll leave the financials to the experts, but one thing that stood out to me: Apple sold 4.2 million Macs, almost a million below expectations. How much of a future does desktop computing have at Apple? Update: The NYT/Reuters changed the title during the night. Fixed it.
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Thom_Holwerda
Member since:
2005-06-29

And, which psychic told you that $700 is their max level??


Well, wasn't their highest value somewhere around there, after which it dropped to its current level? That's no guarantee, of course (hence the "apparently"), but it does highlight the idiocy of statements that it would shoot right on through to $1000.

And, why did you select Reuters as your source? Hmmm...


Because cows, that's why.

Reply Parent Score: 2

brichpmr Member since:
2006-04-22

"And, which psychic told you that $700 is their max level??


Well, wasn't their highest value somewhere around there, after which it dropped to its current level? That's no guarantee, of course (hence the "apparently"), but it does highlight the idiocy of statements that it would shoot right on through to $1000.

And, why did you select Reuters as your source? Hmmm...


Because cows, that's why.
"

99.999% of tech or any businesses would kill for Apple's disappointing results last quarter, but the future? Who the hell knows? I remember when Apple finally came back with a profit quarter more than a decade ago; and analysts were creaming their jeans. I dislike over-hyped expectations from anyone.

Reply Parent Score: 0

JAlexoid Member since:
2009-05-19

99.999% of tech or any businesses would kill for Apple's disappointing results last quarter, but the future? Who the hell knows? I remember when Apple finally came back with a profit quarter more than a decade ago; and analysts were creaming their jeans. I dislike over-hyped expectations from anyone.


So... That's 1 out of 100000 companies would not kill for Apple's level of earnings.
Sorry dude... Apple's absolute numbers may sound great, but ROI is not an absolute thing. There are a lot more companies that generate higher growth rates than Apple right now.

Reply Parent Score: 3