Thursday, January 24, 2013

Sorry, Apple-haters, but Cupertinian doom not on the horizon • The Register

It'll be interesting to track AAPL today, and to learn about the latest MSFT quarterly results this afternoon; also see Heady Returns, but Apple Finds Its Stock Falling (NYT)
"May your humble Reg reporter take this opportunity to point those Wall Street moneymen at some of what Apple CEO Tim Cook rightly called "a lot of impressive numbers" during his conference call with reporters and analysts after the Q1 2013 number were released?
  • Quarterly revenue of $54.5bn, up 17.7 per cent from the $46.3bn earned in the same quarter last year
  • iPhone unit sales of 47.8 million, up 29.0 per cent from the 37.04 million sold during same quarter last year
  • iPad unit sales of 22.9 million, up 48.4 per cent from 15.43 million year-on-year
  • Reserves of $137.1bn, up 40.4 per cent from the $97.6bn it held in cash, short-term, and long-term securities at the same time last year
Even the most rock-ribbed Apple-hater must grudgingly agree with Cook that those numbers are indeed impressive."
Sorry, Apple-haters, but Cupertinian doom not on the horizon • The Register
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