Techsurvivors

Archives => 2007 => Topic started by: kbeartx on January 18, 2007, 03:08:27 PM

Title: Apple posts record earnings
Post by: kbeartx on January 18, 2007, 03:08:27 PM

Apple surpassed even the most optimistic of analyst expectations to deliver a record $1 billion in profit for its first quarter.

The company sold more than 21 million iPods in the quarter ended Dec. 30 -- up 50 percent from the 14 million it sold a year earlier, racking up $3.43 billion in sales from the devices. That's nearly half of Apple's total revenue.

Mac sales were impressive as well. The company shipped more than 1.6 million units during the quarter -- 28 percent more than it did a year ago -- even as overall U.S. PC shipments declined by 3.2 percent.

Excerpted from today's GoodMorning, Silicon Valley [bold emphasis mine]

Title: Apple posts record earnings
Post by: sandbox on January 18, 2007, 03:35:34 PM

Title: Apple posts record earnings
Post by: krissel on January 18, 2007, 04:09:26 PM

But then you have the idiots on Wall Street who put too much in the forecast for the next quarter and dropped the stock nearly $6 in one day.

 

Title: Apple posts record earnings
Post by: Gregg on January 19, 2007, 07:32:19 AM

Ah, but Apple's piece of the pie is bigger anyway...