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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JAlexoid
Member since:
2009-05-19

Profits dropped considerably. That's the disappointing part.

Edited 2013-01-24 14:19 UTC

Reply Parent Score: 1

chiwaw Member since:
2006-02-05

They actually turned a slightly higher profit than a year ago ($13.1 millions vs $13.06 millions). Not sure where you got your "Profits dropped considerably"...?

Reply Parent Score: 1

JAlexoid Member since:
2009-05-19

Ok. Ok. Profitability, not profits.

Reply Parent Score: 2