Surely it's better to have a a delay in delivery than shop shelves full (& warehouses full) of product not selling?
Correct, in fact, from memory I think AAPL has gone down after earnings were announced almost every quarter these past year or two.
Correct, in fact, from memory I think AAPL has gone down after earnings were announced almost every quarter these past year or two.
Yep, and for the last many quarters, AAPL has had stellar earnings too!
Here is a question for you - what is Apple going to do with all the cash they have? They are acquiring a few small companies (quietly), but I mean, are they just holding 30-some billion in cash? I hope they at least get it out of USD and into gold or something.
The Company posted revenue of $9.87 billion and a net quarterly profit of $1.67 billion, or $1.82 per diluted share.
Wow!!!! Amazing results, that'll teach everyone a lesson who got scared and sold early!
But Jobs must remember often how Microsoft gave them money and basically kept Apple is business.
Is this myth still alive?
Apple had $1.2 billion dollars in cash when Microsoft agreed to make a $150 million dollar "investment" (which was sold five years later) in Apple stock as a result of a legal settlement between the two companies.
It wasn't the cash which Jobs was desperate for at the time, Microsoft agreeing to proceed with a new version of Office for the Mac was his real target.
Thanks for posting this. I was misinformed. Which year was this?
1997.
You were right though about them doing a good job since then. After market trading has just hit $204.![]()
Thanks.
Yes AAPL, watching it. Curious to see what it'll actually trade at in tomorrow's session.
Have you seen? 46% of their income now comes from international sales.
Ahaha. Why do they call it the "Black Country"?
They also said sales in Spain, France, Germany sales are all up 39-40% in Q3. Switzerland and Italy up mid-30s.
That's probably due to the strength of the Euro to Dollar exchange rate.
I am not sure since those locals spend Euros in their own countries.
If they were spending Euros but buying in the US then the exchange rate would make a difference.
In fact, it's cheaper to buy electronics in the USA than anywhere else I think at the moment.
Excellent arbitrage opportunity here for someone who can figure-out a way to bear the grunt of exporting (shipping, customs, etc.) to international buyers from here in the US.