A "Holy Fucking Shit" Quarter

parislemon:

Remember back in October when after a rare “miss” by Apple (which was only a miss because analysts are stupid and lazy), the early signs pointed to the potential of a $40 billion quarter? Some thought that was insane given that Apple had never even had a $30 billion quarter before. Well, turns out that projection was a little insane — insanely low.

Try a $46.33 billion quarter.

It’s a number so insane that it even destroys the $42.76 billion blow-out “whisper” number.

As for the early projections of 34 million iPhones sold — which again, some people thought were crazy — also low. Try 37 million.

But hey, Android is winning, right?

As for the other numbers. 15.43 million iPads. A record. 5.2 million Macs. A record. 15.4 million iPods. Not a record, but no surprise — this is the age of the iPhone.

That stock you were an idiot for selling? Up 10% now, well past $460 a share. By far an all-time high, pushing Apple’s market cap well past $400 billion. 

I’ll be listening to the call at 2PM PT and posting some follow-up thoughts on TechCrunch. Stay tuned.

Did the stock market finally get a fucking clue re: Apple stock valuation?

One can only hope.

Source: parislemon

151 Notes/ Hide

  1. creativecarbonation reblogged this from sylvysparrow
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  4. alfons reblogged this from 6ixpassions and added:
    Apple now has $97.6 billion in cash.
  5. 6ixpassions reblogged this from jimcloudman and added:
    I like also putting information into perspective. I was thinking also about that this morning how 97.6 billions in...
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    Yep, I guess the iPhone 4S...huge disappointment
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