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View Full Version : Apple Financial, Yea, They are in Pretty Good Shape I'd Say


Jeff Campbell
01-19-2011, 05:25 PM
<div class='os_post_top_link'><a href='http://www.businessinsider.com/apple-conference-call-2011-1?slop=1#slideshow-start' target='_blank'>http://www.businessinsider.com/appl...slideshow-start</a><br /><br /></div><p><em>"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."</em></p><p><img src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/lpt/auto/1294965311.usr105634.jpg" style="margin-left: 150px; margin-right: 150px;" /></p><p>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 <a href="http://www.macdailynews.com/index.php/weblog/comments/apple_shares_hit_new_all-time_intraday_high_110119/" target="_blank">early trading</a> 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 <a href="http://www.businessinsider.com/apple-earnings-analysis-2011-1" target="_blank">here</a>, or check it out at the <a href="http://www.apple.com/investor" target="_blank">Apple Investor site</a> and hear the details yourself.&nbsp;</p>