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[2]: the past is irrelevant
by majipoor on Thu 25th Apr 2013 10:26 UTC in reply to "RE: the past is irrelevant"
majipoor
Member since:
2009-01-22

"They've got a gazillion dollars sitting in the bank, not earning any investor any money whatsoever. "

Come on: the money is not sitting in the bank!

Ever heard about Braeburn Capital?

http://en.wikipedia.org/wiki/Braeburn_Capital

Reply Parent Score: 2