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Apple Reports Second Quarter Results
travelin cat

WebmasterWorld Administrator travelin_cat us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 4567393 posted 10:50 pm on Apr 23, 2013 (gmt 0)

Not too shabby. I Think some analysts were surprised by this...
The Company posted quarterly revenue of $43.6 billion and quarterly net profit of $9.5 billion, or $10.09 per diluted share. These results compare to revenue of $39.2 billion and net profit of $11.6 billion, or $12.30 per diluted share, in the year-ago quarter. Gross margin was 37.5 percent compared to 47.4 percent in the year-ago quarter. International sales accounted for 66 percent of the quarter’s revenue.

[apple.com...]

 

swa66

WebmasterWorld Senior Member swa66 us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 4567393 posted 12:09 am on Apr 25, 2013 (gmt 0)

Having had the "pleasure" of having to talk to analysts in a past life quite a bit, I doubt they really get how much a quarterly net profit of $9.5 billion is out of a quarterly revenue of $43.6 billion.

With the cash hoard Apple has and the amount of cash they generate ...

If I had cash to spare ...

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