Apple Reports Record-Breaking March Revenue Alongside First Fall in Profits in Decade

Discussion in 'Apple iPad News' started by Maura, Apr 23, 2013.

By Maura on Apr 23, 2013 at 4:24 PM
  1. Maura

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    iPadForums News Team

    Jun 7, 2010
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    Apple has today released its second-quarter results, and there’s both good and bad news for the company, according to AppleInsider. Starting off with the bad news, Apple reported that its second-quarter profits fell by 18% to $9.5 billion from $11.6 billion in the year-ago-quarter, on sales of $43.6 billion, the first fall in profits for Apple for nearly 10 years. On the up side, that revenue figure is up from $39.2 billion in the year-ago-quarter. Apple said that it sold 37.4 million iPhones, and 19.5 million iPads in the quarter, as well as 4 million Macs. Both iPhone and iPad sales have increased, up from $35.1 billion and 11.8 million respectively in the year-ago-quarter, with the Mac sales figure staying still at 4 million previously as well.

    Apple also published the following guidance for the fiscal 2013 third quarter:[/FONT]

    [FONT=&amp]Source:[/FONT] Apple beats on revenue but sees profits fall for first time in nearly a decade, Apple


Discussion in 'Apple iPad News' started by Maura, Apr 23, 2013.

    1. s2mikey
      Still almost ten billion in profit. Not exactly a crisis or anything. Although I'm sure that just ruffled the suit of some hedge fund manager somewhere who will demand they move operations to a more downtrodden area with even cheaper labor. :D
    2. AQ_OC
      I hate the very unrealistic expectations that are placed on companies by investors, talking heads, and consumers. What Apple has done has been truly amazing. However, it cannot and will not last forever. I think they have had their time in the sun, frankly. They will wane. They will not be so profitbable in the future. Does this spell doom for them? And why are we acting like it is some big deal? What gets me is all the doom and gloom talk we are hearing and will continue to hear over the next few years. I think people love to talk doom and gloom. :)

      I have to also admit that I don't see anyone else taking its role. It's not Google, Samsung, MS (most certainly not), or any of the others. I think the true next big thing will come from someone we don't yet know about. And the true next big thing is not something that gets dialed up on demand. It just happens when it happens.

      BTW, I'm bored with hearing about new phones...and new tablets. We need something new to talk about! :)
    3. s2mikey
      Right on. The expectations are pretty absurd. It puts undue stress on just about everyone involved and for no good reason. How much money is enough for investors? They can always pull out and go invest somewhere else if they don't like it.....right? I swear, I wish ever company were privately owned so you take grumpy investors right out of it. Yeah, capital is nice to have for growth but now you are slaves to the stock ticker. And, employees & investors have quite the conflict of interest. IMO, investors have caused more job losses than any other force out there these days. They are the root cause of much misery in the corporate world.

      Apple is doing fine. Period. :)

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