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Can you source your record-breaking earnings statement? From what I've seen they seem to be kind of stagnant. `The firm matched last year’s net profit figure a
by thefreeman 14y ago
Can you source your record-breaking earnings statement? From what I've seen they seem to be kind of stagnant.
`The firm matched last year’s net profit figure at $13.1 billion.` [1]
[1]http://www.washingtonpost.com/business/technology/apple-faces-pressures-ahead-of-earnings/2013/01/23/29cf3680-6566-11e2-9e1b-07db1d2ccd5b_story.html http://www.washingtonpost.com/business/technology/apple-face...
- gareim 14y agoIf this is correct, then it is technically record breaking: "Apple just announced its Q1 2013 earnings, and the company posted a record $13.1b profit on a record $54.5b in revenue. That's just over last year's record of $13.06b profit on $46.33b in revenue at this time last year, and well over the $8.2b profit on $36 billion in revenue in the last quarter." http://www.theverge.com/2013/1/23/3908330/apple-q1-2013-earnings http://www.theverge.com/2013/1/23/3908330/apple-q1-2013-earn... $13.1 > $13.06 but just a bit.
- deleted 14y ago[deleted]
- nemothekid 14y agoLast year they were record breaking. `Apple reported record-breaking net profits for the three months to 31 December 2011 of $13.06bn (£8.36bn), up 118% from the same period in 2010.` - http://www.bbc.co.uk/news/business-16712089 http://www.bbc.co.uk/news/business-16712089
- tdg 14y agoLast year had an extra week. So per-week profit is higher (which is what should matter).
- gfodor 14y agoThis can't be overstated and I am loathe to admit it but I have a feeling that a large part of the panic today was the fact that it was widely reported that Apple's earnings were "flat" year over year. They weren't, they were up by about 7%, which isn't stellar but is a far cry from flat.