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Old 01-19-2011, 12:08 AM
 
Location: Dublin, CA
3,807 posts, read 4,277,616 times
Reputation: 3984

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BBC News - Apple makes record profits of $6bn in last three months

"Daniel Ernst, analyst at Hudson Square Research, said: "Apple blew away earnings expectations, again. It seems to be a recurring event for these guys.
"It was across the board, top to bottom, another great quarter," he said.
The company sold 4.13 million Macs during the quarter, a 23% rise year-on-year, and 16.24 million iPhones, a leap of 86%.
iPod sales fell 7% to 19.45 million units. Apple sold 7.33 million iPads."

I'm wondering in this "economy," where everyone is getting money for Iphones, Ipads, and Imac's? I thought people were starving in the streets, not able to make their house payments, and living on dog/cat food.

Wait, I know, an Iphone is a necessity somone needs, for job seeking.
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Old 01-19-2011, 12:15 AM
 
15,912 posts, read 20,206,697 times
Reputation: 7693
Are you saying only people in America buy Apple's products?

They can make huge profit margins because:

~ They have innovative products

~ their products are made in China

~ They have a fanatical customer base that will buy anything that Apple releases
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