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Apple beats earnings estimates by just a bit
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Grizzled Veteran
Join Date: Feb 1999
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(Last edited by Patrick; Jan 24, 2012 at 04:28 PM.
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Posting Junkie
Join Date: Jan 2006
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Darn it, you just beat me to the punch 
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Grizzled Veteran
Join Date: Feb 1999
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Originally Posted by imitchellg5 
Darn it, you just beat me to the punch
Huh, I edited my post 1 minute after yours, before I had gone back to the lounge index, and thought you'd beaten me. Your post is more informative, though.
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Professional Poster
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Location: Teaneck, NJ
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If you want, we can turn one of the threads into things we would do with almost 100 billion dollars in the bank.
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Addicted to MacNN
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I read that it wasn't just a good quarter, it was the 2nd best quarter by any company, ever, in the history of ever.
How about lowering some of your prices now?
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My sig is 1 pixel too big.
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Moderator  Join Date: May 2001
Location: Hilbert space
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Originally Posted by SSharon
If you want, we can turn one of the threads into things we would do with almost 100 billion dollars in the bank.
Bingo, that nails it. It shows how stupid the stock market has become: the stock of a company goes down not because the company's profits and turnover decreased, but because »analysts« fear they may be lower than expected, but still record-breaking. Expectations are more important than substance.
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I don't suffer from insanity, I enjoy every minute of it.
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Professional Poster
Join Date: Mar 2004
Location: UK
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Almost $100 Billion. They must be saving up to pay Dr. Evil.
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MacBook 2.0GHz CD; MacBook Pro 15" 2.4GHz Late '08; PowerMac G4 MDD Dual 1GHz; 3x Xserve G4 1GHz; Mac Mini 2GHz; Big pile of broken and working bits;
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Moderator  Join Date: Apr 2000
Location: Gothenburg, Sweden
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100 billion is enough to buy Dell and HP in cash - with a decent premium. That is a truly absurd amount of money.
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The low-end Mac Pro is the most overpriced Mac since the IIvx
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Professional Poster
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Location: Teaneck, NJ
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I think they are saving up to pay off the US national debt. That is about the only thing with a price tag that Apple can't currently afford.
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Moderator Join Date: May 2001
Location: Hilbert space
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Heck, they could buy their own country. In a few years, their savings are about half of the GDP of Denmark or Finland. 
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I don't suffer from insanity, I enjoy every minute of it.
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Clinically Insane
Join Date: Dec 1999
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That's how much they've reported. How much do they have in unreported, offshore accounts?
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"…I contend that we are both atheists. I just believe in one fewer god than
you do. When you understand why you dismiss all the other possible gods,
you will understand why I dismiss yours." - Stephen F. Roberts
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Professional Poster
Join Date: Mar 2004
Location: UK
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Keep your eyes peeled for an Apple shaped island emerging from the sea somewhere.
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MacBook 2.0GHz CD; MacBook Pro 15" 2.4GHz Late '08; PowerMac G4 MDD Dual 1GHz; 3x Xserve G4 1GHz; Mac Mini 2GHz; Big pile of broken and working bits;
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Clinically Insane
Join Date: Nov 1999
Location: 888500128, C3, 2nd soft.
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Originally Posted by olePigeon
That's how much they've reported. How much do they have in unreported, offshore accounts?
I'm pretty sure it doesn't work that way anymore.
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Moderator Join Date: May 2001
Location: Hilbert space
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Originally Posted by Waragainstsleep
Keep your eyes peeled for an Apple shaped island emerging from the sea somewhere.
What would the name of that island be? What cats would roam the island and which wines would be cultivated? And would it have a landing pad for the mothership?
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I don't suffer from insanity, I enjoy every minute of it.
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Professional Poster
Join Date: Mar 2004
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I guess it would have to be the motherland?
As for wine, some kind of fermented Kool Aid?
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MacBook 2.0GHz CD; MacBook Pro 15" 2.4GHz Late '08; PowerMac G4 MDD Dual 1GHz; 3x Xserve G4 1GHz; Mac Mini 2GHz; Big pile of broken and working bits;
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Addicted to MacNN
Join Date: Jan 2001
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In 2008 Apple sold more iPhones than they did in 2007.
In 2009, Apple sold more iPhones than they did in 2007 and 2008 combined.
In 2010, Apple sold more iPhones than they did in 2007, 2008 and 2009 combined.
In 2011, Apple sold more iPhones than they did in 2007, 2008, 2009 and 2010 combined.
How long can that continue?
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My sig is 1 pixel too big.
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Clinically Insane
Join Date: Dec 1999
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Originally Posted by Spheric Harlot
I'm pretty sure it doesn't work that way anymore.
I'm pretty sure it does.
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"…I contend that we are both atheists. I just believe in one fewer god than
you do. When you understand why you dismiss all the other possible gods,
you will understand why I dismiss yours." - Stephen F. Roberts
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Professional Poster
Join Date: Jul 2005
Location: Winnipeg, MB
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I'd say they could buy Adobe but that would be putting good money after bad.
Remember when Apple couldn't afford to buy Adobe? Remember when we were worried what would happen if Microsoft pulled out of the platform?
I think at this point I'd be looking at funnelling some money into a few of their best software developers to ensure that awesome software keeps getting developed for their platform. Though I don't think companies like Pixelmator are currently really in need of more money.
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Grizzled Veteran
Join Date: Oct 2008
Location: UKland
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Have money in the bank sure, but 97 bil seems a bit perverse. Surely they could do some work with it in terms of investing in companies etc.
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