Apple's Outstanding Results
To say that it's "all systems going magnificently" doesn't do justice to what Apple is pulling off these days.
On October 22nd, the company obliterated Wall Street projections with yet another blowaway quarter. It wasn't just that revenues hit $6 billion, up 28% from the previous year, or that profits jumped 67%, to $901 million. It's that there's so much room for growth.
Mac sales climbed by a torrid 94% in the quarter, even though many shoppers may be waiting for the new Leopard operating system. Apple shares rose 9% by the next day.
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On October 22nd, the company obliterated Wall Street projections with yet another blowaway quarter. It wasn't just that revenues hit $6 billion, up 28% from the previous year, or that profits jumped 67%, to $901 million. It's that there's so much room for growth.
Mac sales climbed by a torrid 94% in the quarter, even though many shoppers may be waiting for the new Leopard operating system. Apple shares rose 9% by the next day.
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posted by Bob Moser at
9:36 PM
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