Apple Thoughts: Apple Financial, Yea, They are in Pretty Good Shape I'd Say

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Wednesday, January 19, 2011

Apple Financial, Yea, They are in Pretty Good Shape I'd Say

Posted by Jeff Campbell in "Apple News" @ 09:25 AM

http://www.businessinsider.com/appl...slideshow-start

"Listening to Apple's quarterly conference calls these days is like watching a once-in-a-generation sports team demolish every other team in the league."

With growth from same time last year of 70% (yes, 70%) I'd say they did demolish everyone else. That is a pretty incredible number by anyone's standard. So impressive were most of their figures that they called the 23% growth in Mac sales "disappointing." Yea, it's only 8 times the growth of the PC market. Another figure I found interesting was that the retail division is a $16 billion dollar a year revenue source for Apple, and revenues from same time last year jumped 95%. The story we linked to has several other interesting tidbits from yesterdays financial call, and the stock market has taken notice since in early trading Apple Shares are at an all time high of $348.60 USD, gaining $7.95 USD, a new intraday high. You can see a transcript of the conference call here, or check it out at the Apple Investor site and hear the details yourself.


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