Apple makes $6 billion net profit, sells 16.2m iPhones, 7.3m iPads

[SamuelRSmith]

disolitude said:

SamuelRSmith said:

disolitude said:

Apple being a cult is almost confirmed at this point.

Apple shares fell almost 25 bucks per share when steve jobs announced leave of absence. They got back up to 350 when the news of their successful quarter was was released, but have been going down again...down 10 bucks since yesterday.

"Steve Jobs...our leader has left us...abandon ship!"

The markets, in general, have been rather pessimistic. Had this news been relased about a couple of weeks ago (when markets were more bullish), we would have seen nowhere near the amount of losses.

Yeah youre right...Google is down too. When google is down, you know things are bad lol

Microsoft stock never moves anywhere in a significant manner eh. Only sideways for like 5 years now...

Ehh.. Google have some real problems, atm, no matter how much they invest in diversifying their revenues, they just can't do it. Still way over 90% dependant on advertising revnues from their search service. This is bad, whilst Google's still growing at a rate that would make most big companies jealous, they're actually growing slower than a lot of tech companies - and Bing, Facebook and Apple are all now gunning for their advertising revenue pie. Google's stock has been underperforming the market for over a year, now.

Microsoft's stocks don't move because the company doesn't move... not saying that's necessarily a bad thing. Last year, tablets and smart phones actually ate in to PC sales - if the new revenue streams from Xbox and WP7 can't plug the gap, then the stock will fall.