[Swordmaker]

Blow by Blow notes of the Apple Financial Conference Call as noted by MacDailyNews. — PING!

Apple Financial News Conference Call Notes
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[ImJustAnotherOkie]

Thanks for staying on top of the minutia for us.

[CodeToad]

Back around 1995, I was heavily involved in Microsoft as one of only 22 managed partners at the time. Bill G. made a presentation where he was asked what makes Microsoft successful. He stated that every day he wakes up and asks how he can innovate and compete, while it seems his competitors did not. Evidence of that was WordPerfect, Corel, and Borland that refused to market much, have developer days or training, or do any of the things Microsoft was doing to get people to use and develop for their products.

Well, as we all know, Microsoft has stopped innovating or competing to the extent Bill talked about in 1995, but Apple has grown their innovations. The successes Apple is experiencing is simply because every day they wake up and ask how they can innovate and compete. In 1995 Apple had problems. Today, Microsoft has problems and Apple is winning.

The cycle of corporate life.

[ProtectOurFreedom]

Great summary. Thanks.

$246.1 billion in cash on-hand; $231.2 outside the U.S.A. — Wow, I had no idea >90% of their cash was outside the U.S.

Go Trump! Fix the damned tax code!