Warren Colbert Technologist


With Apple, What A Difference A Week Makes
Mg Siegler, techcrunch.com

You know the drill, Apple posts a record $54.5 bil­lion in rev­enue…

…and the stock tanks 10 per­cent in after-hours trad­ing.

I mean. Fifty four and a half bil­lion dol­lars. I went ahead and did the math: that’s an annu­al run-rate of…

"I mean. Fifty four and a half bil­lion dol­lars. I went ahead and did the math: that’s an annu­al run-rate of $218 bil­lion dol­lars (yes, I know Q1 is the hol­i­day quar­ter, so it tends to be much larg­er than the oth­ers — but don’t under­es­ti­mate the pos­si­bil­i­ty of a new iPhone ear­li­er in the year push­ing Apple towards the $200 bil­lion mark). Apple gen­er­at­ed more rev­enue in one quar­ter than Google did in all of 2012. Hell, Apple is get­ting close to gen­er­at­ing as much rev­enue in one quar­ter as Microsoft does in an entire year." The stock still tanks. Lol. Tough crowd indeed. I remember the Mac vs PC battle differently than others I guess.

  10:28 pm, by cognited