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Old 07-21-2011, 08:29 AM   #1
kennyc
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Apple Profit Seen Rising on Record IPad Sales

Apple Inc. (AAPL) is set to post a 69 percent jump in quarterly profit when it reports results today, after record buying of the iPad and Mac computer made up for weaker demand for its aging iPhone 4.

Profit rose to $5.5 billion in the fiscal third quarter, which ended June 25, according to the average prediction of analysts in a Bloomberg survey. Sales gained an estimated 59 percent to $25 billion.


http://www.bloomberg.com/news/2011-0...hone-lull.html
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Old 07-21-2011, 01:13 PM   #2
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^ lol. Well, let's be honest. At the prices Cupertino is charging, factoring in their actual production costs and accounting for the apparently global mass hysteria for Apple products currently afoot, all I can say is:

If their profits weren't massive, they need a new CFO.

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Old 07-23-2011, 04:32 AM   #3
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^ ? What, my flippant reply? Or Kennyc / the article?
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Old 07-27-2011, 04:20 AM   #4
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Yeah, Apple big profit. I also read this news: http://www.pocket-lint.com/news/4115...nating-tablets
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