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Apple’s earnings blow the predictions away!

I’m a Mac man …..

I’ve been one for about 16 years…..starting off with the Apple ‘Pizza box ‘ LC II computer…..

This Blog come to you from a iMac….

A big….big …jump from one to the other….although I’ve had a few other Macs along the way…..

So It makes me smile to see that Apple….. after all the death announcements ten years ago…..is doing real damn good!


Apple turned in a quarter that blew past analyst forecasts as sales of iPods, iPhones and Macs each exceeded expectations.

The company’s shares were up more than 5 percent in extended trading. Get after-hour quotes for Apple here.

Apple said it earned $3.07 billion, or $3.33 a share, in its fiscal second quarter, up from $1.33 a share last year.

Sales for the most recent period rose to $13.5 billion, up from $8.163 billion last year.

The results blew past forecasts. Wall Street analysts who follow Apple expected on average that the company would earn $2.45 a share on revenue of $12.036 billion, according to numbers compiled by Thomson Reuters.

“It’s unbelievable,” said Analyst Shaw Wu of Kaufman Brothers. “They totally crushed the quarter. It seems really strong across the board. The iPhone numbers nearly match the Christmas sales numbers. You have to ask whether Christmas has come again for Apple in March.”

More……..

April 20, 2010 Posted by | Blogs, Breaking News, Computers, Entertainment, Media, Other Things, PoliticalDog Calls, The Economy, Updates | | 4 Comments

Apple's earnings blow the predictions away!

I’m a Mac man …..

I’ve been one for about 16 years…..starting off with the Apple ‘Pizza box ‘ LC II computer…..

This Blog come to you from a iMac….

A big….big …jump from one to the other….although I’ve had a few other Macs along the way…..

So It makes me smile to see that Apple….. after all the death announcements ten years ago…..is doing real damn good!


Apple turned in a quarter that blew past analyst forecasts as sales of iPods, iPhones and Macs each exceeded expectations.

The company’s shares were up more than 5 percent in extended trading. Get after-hour quotes for Apple here.

Apple said it earned $3.07 billion, or $3.33 a share, in its fiscal second quarter, up from $1.33 a share last year.

Sales for the most recent period rose to $13.5 billion, up from $8.163 billion last year.

The results blew past forecasts. Wall Street analysts who follow Apple expected on average that the company would earn $2.45 a share on revenue of $12.036 billion, according to numbers compiled by Thomson Reuters.

“It’s unbelievable,” said Analyst Shaw Wu of Kaufman Brothers. “They totally crushed the quarter. It seems really strong across the board. The iPhone numbers nearly match the Christmas sales numbers. You have to ask whether Christmas has come again for Apple in March.”

More……..

April 20, 2010 Posted by | Blogs, Breaking News, Computers, Entertainment, Media, Other Things, PoliticalDog Calls, The Economy, Updates | | 4 Comments