Posted on 01/27/2015 1:45:21 PM PST by Swordmaker
Women, children, minorities, and animals suffer most. . . /s
Apple INCREASED their quarterly profit by $3 billion (QOQ).
Only a handful of companies have ever realized even $3 billion profit in a given quarter and this is only the size of Apple's profit increase.
As for the nearly $75 billion in quarterly revenue, there's a lot of countries that don't even have that in annual GDP.
Just to put this whole thing into perspective...
Sorry, make that $5 BILLION in profit increase!
The market didn't know what the results were going to be. . . by law, Apple could not release the Financials without either suspending trading, or waiting until the market was closed for the day. They waited until the market closed and made their press release, and then had their conference call starting at 5PM EST after the markets were completely closed. After hours trading has it up by ~$4.65 -$5
Danger: Extreme giddiness detected in thread. Big red flag when it comes to financial speculation.
yes this is terrible news - sell everything AAPL now... go get good wholesum pc from walmart and an AVG subscription ...
It's not speculation when there are a billion of their devices out on the street and huge revenue flows resulting from having to support those devices (i.e. apps).
As well, they are making real profit on those devices. They are not giving away their hardware to gain marketshare.
spec·u·la·tion ˌspekyəˈlāSH(ə)n/
noun
noun: speculation; plural noun: speculations
1. investment in stocks, property, or other ventures in the hope of gain but with the risk of loss.
Tim Cook: iPad customer sat is off the charts. 100% in some surveys. Unheard of.
Tim Cook: 1st time iPad purchaser rates are very high; so no saturated market
I choose to speculate in stocks with a proven track record, superior products, first class customer service, and the best chance for future growth.
I think you meant to say, appleplectic...
They now have $178 billion in cash.
They sold 74.4 million iPhones. That’s 825,000 per DAY.
Amazing.
You will dig it zee most.
Now let me recommend an awesome protective case:
“Speculation” is the purchase of something based on market trends, with the expectation that a “greater fool” will buy it for more than you paid, without regard to its actual value. Purchasing something that you believe to be of genuine, lasting and appreciating value is called “investing.”
I bought my first iPad on the day they came available. I now gave two more.
The more I use my iPad the more I think it is the most wonderful thing Apple ever made. It’s so helpful and fits my lifestyle.
So the poor customer didn't get their iPhone 6+?!?!! ;-)
Well, this time Tim did not say they SOLD it. . . they SHIPPED it. So some customer got the 1,000,000,001st iOS device. . . but not the 1,000,000,000th iOS device.
Ahhhh...normal supply chain to Cupertino then...”shipped it” usu. means “to the customer”...they should have had a “presser”/event with the lucky 1 billionth device customer getting a “special”(gold plated/titanium) iPhone and Tim Cook/Apple trading with them for the special one billionth iOS device!! Publicity Dept. missed a chance! I suppose they didn’t want to take the chance that the customer would want to keep the “1 billionth one”! ;-)
I think Steve Jobs would have done that. Surprising that Tim Cook missed that opportunity.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.