Tuesday, April 20, 2010
Is this a great country or what?
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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9 comments:
stay on topic, and buy some apple stock alstry. you'll be a much happier person.
as 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
do you REALLY think the government bought 9 million iphones? they sold more iphones this quarter than they did the entire 2009 holiday season.
what a dolt.e
Scott, did you get the Ipad yet? Review?
I reviewed it here:
http://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.
Scott, 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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