January 24, 2012
A "Holy Fucking Shit" Quarter

parislemon:

Remember back in October when after a rare “miss” by Apple (which was only a miss because analysts are stupid and lazy), the early signs pointed to the potential of a $40 billion quarter? Some thought that was insane given that Apple had never even had a $30 billion quarter before. Well, turns out that projection was a little insane — insanely low.

Try a $46.33 billion quarter.

It’s a number so insane that it even destroys the $42.76 billion blow-out “whisper” number.

As for the early projections of 34 million iPhones sold — which again, some people thought were crazy — also low. Try 37 million.

But hey, Android is winning, right?

As for the other numbers. 15.43 million iPads. A record. 5.2 million Macs. A record. 15.4 million iPods. Not a record, but no surprise — this is the age of the iPhone.

Net quarterly profit was $13.06 billion. Again, holy shit.

That stock you were an idiot for selling after aforementioned “miss”? Up 10% now in after-hours trading, well past $460 a share. By far an all-time high, pushing Apple’s market cap well past $400 billion. 

Apple now has $97.6 billion in cash.

I’ll be listening to the call at 2PM PT and posting some follow-up thoughts on TechCrunch. Stay tuned.

Some thoughts:

  1. I wonder how much of that cash is stuck overseas.
  2. Is it the age of the iPhone, or the age of the iPad?
  3. How successful was the iPhone 4S compared to all other iPhone sales?

(via parislemon)

6:43pm  |   URL: https://tmblr.co/ZCeoZyFJQkqk
  
Filed under: tech apple earnings 
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