Apple Reports Third Quarter Results

#1

Post by ssclafani » Tue, Jul 19, 2011, 8:44 PM UTC

Apple Reports Third Quarter Results
apple.com

Re: Apple Reports Third Quarter Results

#2

Post by pennig » Tue, Jul 19, 2011, 8:51 PM UTC

So many billions.

Re: Apple Reports Third Quarter Results

#3

Post by programminggeek » Tue, Jul 19, 2011, 9:05 PM UTC

Apple is firing on all cylinders. What is hard to appreciate is just how fast they are growing even though they are already such a big company. Can you imagine Microsoft/IBM/Oracle growing profit 125% in a year company wide when they are already as big as they are now?

Most companies that get this big can't keep growing at this kind of rate. Yet, they still have a lot of room to grow in different markets - TV, PC, Mobile, Advertising, (other?)

Incredibly impressive.

Re: Apple Reports Third Quarter Results

#4

Post by truthout » Tue, Jul 19, 2011, 9:08 PM UTC

Apple is an animal.

Profits +125% yoy

Revenue +82% yoy

Stock +25$ after hours. 403$, all time high.

Re: Apple Reports Third Quarter Results

#5

Post by newmediaclay » Tue, Jul 19, 2011, 9:10 PM UTC

Absurd. It's also awesome that they continue to mock the Street by giving their ridiculously low estimates for the succeeding quarter.

Re: Apple Reports Third Quarter Results

#6

Post by marklabedz » Tue, Jul 19, 2011, 9:14 PM UTC

newmediaclay wrote: post #5

Absurd. It's also awesome that they continue to mock the Street by giving their ridiculously low estimates for the succeeding quarter.

"...350 basis points higher than guidance..."

Re: Apple Reports Third Quarter Results

#7

Post by yequalsx » Tue, Jul 19, 2011, 9:15 PM UTC

I bought my first Mac on Friday at the Mall of America. There's a Microsoft store right across from the Apple store. It was amazing to me how much more crowded the Apple store was. There were a lot of people at the Microsoft store but it was ridiculous how many were at the Apple store.

Re: Apple Reports Third Quarter Results

#8

Post by truthout » Tue, Jul 19, 2011, 9:16 PM UTC

newmediaclay wrote: post #5

Absurd. It's also awesome that they continue to mock the Street by giving their ridiculously low estimates for the succeeding quarter.

Mock the street? Lol...

The street loves AAPL and AAPL loves the street. Did you see the stock up 25$ after hours? Who do you think is trading that. Hint: not Joe six pack.

Re: Apple Reports Third Quarter Results

#9

Post by shawndumas » Tue, Jul 19, 2011, 9:21 PM UTC

pennig wrote: post #2

So many billions.

billions and billions...

Re: Apple Reports Third Quarter Results

#10

Post by marklabedz » Tue, Jul 19, 2011, 9:21 PM UTC

Oppenheimer mentioned that Apple is transitioning products and that it will impact their projected revenues. Is this Lion/MBA/MB/iPhone? If so, how would that lead to a softening of revenue?