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.
Thread beginning with comment 550322
To read all comments associated with this story, please click here.
Apple disappoints
by Tony Swash on Thu 24th Jan 2013 11:14 UTC
Tony Swash
Member since:
2009-08-22

Apple's earnings for the final quarter of 2012, was “disappointingly” the largest corporate earnings year in human history by a tidy margin, causing some investors to panic

Apple’s $13.1 billion in earnings this quarter was the 4th largest by any company of all time.

Reply Score: 1

RE: Apple disappoints
by Thom_Holwerda on Thu 24th Jan 2013 11:43 in reply to "Apple disappoints"
Thom_Holwerda Member since:
2005-06-29

Again, you don't seem to know how this game works. Stock prices reflect the expectation of returns by investors - not the company's actual performance.

Apple is doing fantastically. Apple's stock, however, is taking a bit of a hit because investors think they can make more money elsewhere. That's it. It'll bounce back up.

Edited 2013-01-24 11:46 UTC

Reply Parent Score: 2

RE[2]: Apple disappoints
by brichpmr on Thu 24th Jan 2013 12:00 in reply to "RE: Apple disappoints"
brichpmr Member since:
2006-04-22

Again, you don't seem to know how this game works. Stock prices reflect the expectation of returns by investors - not the company's actual performance.

Apple is doing fantastically. Apple's stock, however, is taking a bit of a hit because investors think they can make more money elsewhere. That's it. It'll bounce back up.



Which reads differently than the misleading phrase.."iPhone sales disappoint."

Reply Parent Score: 1

RE: Apple disappoints
by tylerdurden on Thu 24th Jan 2013 20:24 in reply to "Apple disappoints"
tylerdurden Member since:
2009-03-17

False, Exxon is the company with the largest corporate earnings year. In fact Exxon Mobil has had 3 years with larger corporate earnings than Apple.

Your buddies at Apple PR dept got too carried away...

Reply Parent Score: 2