Apple Q1 (FY 2013) Earnings release - OUT NOW!

[justinian]

VGKing said:

kowenicki said:

ethomaz said:

"And they're out. #AAPL reports record result, with earnings per share of $13.81 and revenue of $54.5bn beating Street's expectation"

Epic... better than anybody predicted. 

huh?

thats wrong.

hmmm.  revenue slipping, growth slowing which was inevitable I guess.  They need a cheaper device for emerging markets, thats where the real growth is.

They could offer their older iPhone models. Why don't they do that? Apple isn't exactly known to make cheap products so I don't think they'll make a cheaper phone anytime soon.

Yeah, I don't see Apple doing cheap. There are plenty of cheap stuff around from Android and Windows alternatives.

Apple's pulling power is that it is not cheap. Anyone can have cheap.  Why be like everyone. Kinda weird but that's how it seems to work.

China is set to become Apples biggest market.