Apple Reports Second Quarter Results

[travelin cat]

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]

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 ...