Wednesday, 28 January 2015

Apple. Result?



Biggest quarterly profit ever by a Public company...18 billion dollars....75 million iphones sold in the quarter....142 Billion Dollars in cash.....gross profit margin of 40%...10 times increase in revenue over the last decade....worth 635 billion dollars....34,000 iphone 6's sold every hour....number one smartphone in China...a company started in 1984.

April will be the Apple reinvention of the watch.

All they need sort out is their Tax reputational damage which was the story today rather than the numbers.