Apple today reported a 90% gain in second-quarter profit; net income rose to $3.33/share, from $1.79 a year earlier; sales rose 49% to $13.5 billion, topping expectations of $12 billion; shares rose 6% in after-market trading. Apple's market cap is now only $30 billion shy of Microsoft's.
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ReplyDeletestay on topic, and buy some apple stock alstry. you'll be a much happier person.
ReplyDeleteas for this being a great country, yes indeed it is. especially with these types of gains.
i finally played with an ipad this weekend, and this thing REALLY IS AMAZING!!
Thanks for your continued advice Scott to BUY APPLE!!! (best imve
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ReplyDeletedo you REALLY think the government bought 9 million iphones? they sold more iphones this quarter than they did the entire 2009 holiday season.
ReplyDeletewhat a dolt.e
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ReplyDeleteScott, did you get the Ipad yet? Review?
ReplyDeleteI reviewed it here:
ReplyDeletehttp://scottgrannis.blogspot.com/2010/04/why-i-still-like-aapl-3.html
And I still like it very much. I'm still learning how I will use it. I'm still fascinated by how nicely it works. The variety of apps available grows daily, and they are amazing. That is the killer feature of this device: it unleashes the creative powers of millions of developers.
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ReplyDeleteScott, the difference in market caps between msft and aapl is $40bn, not $30bn. But it is indeed quite something to see aapl coming ever closer to msft, especially as i thought aapl was about to die in 1997. To be fair tho', don't forget msft's massive dividend payment a few years ago (Bill G gave his $3bn to his charity). How many dividends has aapl paid out over the years? Just asking.
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