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Apple continues to add to its war chest, sells record numbers of iPhones

It's beginning to become a broken record when reporting on Apple's quarterly earnings, but the boys from Cupertino have done it again. Apple today announced its earnings for fiscal Q1 2012 and the results are as usual very impressive.
The company reported net profit of $13.06 billion on revenue of $46.33 billion ($13.87 per diluted share). Profit for fiscal Q1 2012 was more than double that of fiscal Q1 2011, while gross margins came in at 44.7 percent compared to 38.5 percent a year ago.
“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” said Apple CEO Tim Cook. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

As for product sales numbers, Apple sold 37.04 million iPhones during the quarter (a 128 percent increase) and 15.43 million iPads (a 111 percent increase). The company's Mac sales also saw an increase, but "only" saw a 24 percent increase year-over-year to 5.2 million units.
Apple iPods, however, continue their downward spiral in this age of digital convergence. Sales of the portable music players were down 21 percent to 15.4 million units.

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RE: Apple are doomed :)
By Pirks on 1/25/2012 7:54:20 PM , Rating: 1
nobody can beat the iPad on price without comprising on quality
Lies. Playbook did that when prices dropped. It was same quality as iPad if not higher (more compact and light is higher quality in my book) but costed same $499+, now it's down to $200+ or so, so it beats the shit out of iPad price-wise while being better in many regards quality wise. I know this because I used both and you as an Apple fan who never used Playbook should not be trusted on this. You just lie about this, you can't be objective, alas ;)
Apple is still driving down software prices and has established a new inexpensive model for phone and tablet apps and that is a kick in the nuts for companies that only essentially make money from software, such as Microsoft
This is fine, I don't think MS is really worried about this, they'll let Apple to sell crappy software for cheap and they'll make better software and will sell it for higher price.

So far they were able to fend off cheap open source MS Office-like clone crap with better and more expensive products, I don't see the reason why they can't do the same with Apple's software. For instance, the native Windows media players always beat the crap out of Apple's iTunes software quality and stability/speed wise.

I mean, man, why would MS worry about Apple producing cheapo crap sofwtare and expensive hardware when it's totally NOT the MS turf? It's like a totally different market that does not overlap with MS taget audience. MS users are people preferring quality software on cheap hardware (all the enterpise users are like that), the Apple users are the opposite, they'd prefer crappy software but on a trendy hardware that has decent usability and build quality. Granted, the Apple software matured somewhat and is not a piece of stink it used to be a few years ago but MS was not standing still either. Did you read how Windows Phone smoked all its competitors at CES? Including iPhione 4S and Galaxy Nexus. Watch this and maybe your Apple zealotry will subsisde a little:

88% win rate for WP7, and after this you're telling me that MS should be worried? Just when WP7 smoked the crap out of latest iPhone and Android handsets? Tony, are you even serious? :)))
Either way Microsoft's old software pricing system, the system that underpins it's core revenue streams, is fucked
No, I think fucked are the people who seriously think enterprise computing, HPC, cloud et cetera are all gonna move to smartphones and tablets. Stop smoking crack Tony

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