Thursday, October 25, 2012

Cars That Fly *And* Float: Explaining Apple?s Q4 And Beyond

Screen Shot 2012-10-25 at 4.42.26 PMApple's Q4 2012 results were mixed. As usual, reading Twitter, you'd think this was the end of the world. Nevermind that Amazon managed to post a loss on?$13.8 billion in sales today ? Apple only made $8.2 billion in profit. "Ahhhh!!!!! What is wrong with Apple?!!!" "This would have never have happened under Steve!" That's right, such a profit wouldn't have happened under Steve. In fact, it never did. Jobs' best quarter in terms of profit was just over $7 billion ? and actually, that's when Tim Cook was interim CEO last year.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/-fO7055-LCU/

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