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Apple Inc. Message Board

  • hey_rob69 hey_rob69 Apr 24, 2014 5:57 AM Flag

    Profit up 7 percent and sales up 4.7. Big deal?

     

    Both are single digit numbers and this is all after the big product move into china? Don't know why it went up so much after hours.

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    • scropos21@sbcglobal.net scropos21 Apr 24, 2014 12:21 PM Flag

      These are staggering numbers, considering this is the 3rd quarter the iPhone 5S has been offended in. It's also amazing that the move into China is at far less than half of the available retail points. Lastly, Apple has several markets that she'll be entering in the coming months and years, and they are TV, wearables and mobile payments. The company could potentially add another 100 billion in revenue from where they're at now. THAT is the reason for the $40 move. And cutting another 7% from the share float won't hurt either.

 
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