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Apple Reports Record First Quarter Results

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Re: Apple Reports Record First Quarter Results

#3

This is pretty insane, I think $18 billion in quarterly profit is the largest ever for any corporations. Also the revenue from iPhone business alone now exceeds Microsoft and Google combined.

Yep: http://en.wikipedia.org/wiki/List_of_largest_corporate_profi...

Re: Apple Reports Record First Quarter Results

#4

This is pretty insane, I think $18 billion in quarterly profit is the largest ever for any corporations. Also the revenue from iPhone business alone now exceeds Microsoft and Google combined.

Not sure that's true just yet, but it is close. Apple's December quarter tends to be particularly blowout, sales will fall by 30% to 40% by the June quarter.

Microsoft and Google will combine for $160x billion in sales this nearest fiscal year. The iPhone for the same fiscal year will generate approximately $150 to $170 billion depending on how the year goes.

Edit: What's with the stream of downvotes? What I said is accurate.

Re: Apple Reports Record First Quarter Results

#6
Truly phenomenal.

But then when no one else is making decent laptops this is what happens. If anything the gap has grown thanks to Windows 8. I'm not a fan of Yosemite by any stretch, but it is very much the least bad of the available options.

And on mobile, iOS is very clearly in for the long haul now. There was a time a couple of years ago when Android looked like it might gain enough momentum to sweep them away, but it now looks like the iOS market share in developed markets is going to remain fairly solid.

I can't be the only one that has noticed the rise of the Mac-based business but all running on Office 365. It seems to be the new default.

Re: Apple Reports Record First Quarter Results

#7
I think these results are amazing. Kudos to Apple. And now I'm going to be "that guy" on HN. iPad is off 18%. So now Apple really is living and dying by a single product? I mean it's amazing how well they are doing with "just" one product but technology tastes seem so fickle that it's an interesting predicament to be in.

Re: Apple Reports Record First Quarter Results

#8

This is pretty insane, I think $18 billion in quarterly profit is the largest ever for any corporations. Also the revenue from iPhone business alone now exceeds Microsoft and Google combined.

Introducing a larger device was exactly the right move it seems …

I wonder how that interacts with their iPad business (which isn’t even just stagnant, it’s shrinking). Maybe it’s one of the reasons why the iPad really didn’t do this well this quarter? Not that it really matters all that much, though, if the iPhone 6 Plus is eating (part) of the iPad pie. Better that than a competitor.

Re: Apple Reports Record First Quarter Results

#9
Sometimes just to wrap my head around really large numbers like this, I like to put things in units of aircraft carriers. The US Navy's last finished carrier cost $6.2 billion[1], meaning that $74.6 billion[2] is enough to buy Apple 12 nuclear carriers, a.k.a. a nuclear carrier fleet larger than that of the US Navy.

Of course this is an inaccurate and very silly comparison[3], but at least for me it does give some sense of scale. That is a preposterous number of iPhones.

[1]http://en.wikipedia.org/wiki/USS_George_H.W._Bush_(CVN-77)

[2] Yes, I know that number is revenue and not profit. As long as I'm making a silly mental comparison though, why not have more fun by using the bigger number?

[3] Maintaining/staffing carriers is astronomically expensive, $74.6 billion is actually only enough for 12 empty carrier-shaped hunks of steel.

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