Apple's financials just came out and, boy, are *they* hurting!
http://www.zdnet.com/apples-fiscal-q...e589&ttag=e589
Quote:
All eyes were on Apple after the bell on Tuesday for the iPhone maker's second quarter earnings report.
The Cupertino, Calif.-based corporation reported second fiscal quarter earnings of $9.5 billion, or $10.09 a share (statement).
Non-GAAP earnings were $10.16 a share on a revenue of $43.6 billion.
Thomson Reuters had projected Apple earnings of $10 a share on a non-GAAP basis in the second quarter on revenue of $42.3 billion.
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Quote:
The iOS giant sold 37.4 million iPhones (compared to 35.1 million during the same period last year) as well as 19.5 million iPads (compared to 11.8 million during the same quarter last year).
But Apple sold "just under" four million Macs, compared to roughly four million flat during the second fiscal quarter of 2012.
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Oh, yeah... They are bleeding to death...