Judging from Apple’s (NASDAQ:AAPL) first quarter numbers, the Steve Jobs medical leave story is only going to be a minor hiccup in the short term.
Fresh off of the Christmas holiday, Apple crushed it again. Net income in the fiscal first quarter rose to $6 billion, or $6.43 a share. That blew away last year’s take of $3.38 billion, or $3.67/share as profits surged 78%.
In the blow out quarter, which appropriately enough ended on Dec. 25, Apple sold:
-
7.33 million iPads.
-
16.2 million iPhones
-
4.13 million Mac computers
-
And 19.5 million iPod media players.
That’s a total of 47,160,000 new electronics devices sold in just three months. Put another way, thats one new gadget for every 6.6 Americans since September 25th.
Somewhere, no doubt PC guy is now beating his head against a brick wall.
Because let’s face it, Microsoft has now been completely left in the dust by the company it bailed out in 1997 with $150 million investment. In just two short years, Apple has practically put the game out of reach.
As for Steve Jobs, lets just say that the company will do just fine without him for the time being.
Related Articles:
Apple Sets its Sights on iSpecs
To learn more about Wealth Daily click here
