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AAPL financial result beating expectations left and right!
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Professional Poster
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Addicted to MacNN
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I cashed out this morning at 158, up 52% in 9 months or so. I figure I may end up kicking myself because I expect it to rise still further, but it's felt a little like Russian roulette when you factor in what would likely happen to the stock if Steve Jobs announced his retirement and/or got sick yet again. After the big jump this morning, I figured I might as well get out while I'd already done very well.
Anyways, great stuff!
greg
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Mankind's only chance is to harness the power of stupid.
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This is my favorite stat:
iPhone sales: 5.24 million units, up 626%
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But you can't replace the iPhone's battery...it's worthless.
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"Specific knowledge on a topic usually demonstrates in-depth knowledge."
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Addicted to MacNN
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Originally Posted by Dakar V 
This is my favorite stat:
iPhone sales: 5.24 million units, up 626%
To be fair, that was year-over-year... and it was only brought to market a little over a year ago. So it had much less than a quarters' worth of sales in the original figures.
If you compare to last quarter, iPhone sales are up maybe 35% or so I think, which of course was certainly helped by the S. They've been having a hard time meeting demand though, so I wouldn't even be surprised to see that much of a jump again next quarter... it's a little ridiculous really.
greg
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Mankind's only chance is to harness the power of stupid.
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Originally Posted by Laminar
But you can't replace the iPhone's battery...it's worthless.
Not to mention that it doesn't have a HW keyboard. How can the possibly expect anyone to buy one?!?1
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Originally Posted by ShortcutToMoncton
To be fair, that was year-over-year... and it was only brought to market a little over a year ago. So it had much less than a quarters' worth of sales in the original figures.
I'm sure I don't understand what year-over-year means, but the iPhone's been out two years, so I'm not getting that either.
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Originally Posted by Dakar V
I'm sure I don't understand what year-over-year means, but the iPhone's been out two years, so I'm not getting that either.
One of the measurements companies use is to compare results from the same quarter of their last fiscal year. For Apple, April - June is the third quarter of their fiscal year, which starts in October (kind of unusual, but it is what it is). A company always wants to beat its prior year performance, which naturally indicates growth. For Apple to sell what are considered premium products, and beat last year, while we're in a major recession, is quite an achievement.
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Originally Posted by Dakar V
I'm sure I don't understand what year-over-year means, but the iPhone's been out two years, so I'm not getting that either.
Sorry, you're right; I meant the new-model G, which was released at the end of quarter a year ago. Of course their sales figures didn't show the increase in sales from this new model. The S was released probably a month earlier this past quarter so they got a massive sales bump from that.
greg
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Mankind's only chance is to harness the power of stupid.
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Originally Posted by ShortcutToMoncton
Sorry, you're right; I meant the new-model G, which was released at the end of quarter a year ago. Of course their sales figures didn't show the increase in sales from this new model. The S was released probably a month earlier this past quarter so they got a massive sales bump from that.
greg
Pardon me for getting even more confused. If these sales figures don't even include when the newest model came out, isn't that even more impressive?
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Clinically Insane
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Originally Posted by ShortcutToMoncton
To be fair, that was year-over-year... and it was only brought to market a little over a year ago. So it had much less than a quarters' worth of sales in the original figures.
It's been two years, and twenty months since it broke into international market.
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Originally Posted by Dakar V
Pardon me for getting even more confused. If these sales figures don't even include when the newest model came out, isn't that even more impressive?
JEBUS WOMAN!
The sale figures from Q3 last year didn't include a new model; the 3G was released right at the end of the quarter. The S was released earlier this year (in mid-June), so this quarter's sales look much better as a result of the press/hype about the new model. So what I'm saying is, if you looked at the iPhones sold in Q4 of last year, you'd probably also see a large jump when compared to the quarter before it - because of the press/hype about the then-new 3G, which was released just before the quarter started.
Make sense?
greg
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Mankind's only chance is to harness the power of stupid.
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