Do people have short memories on opening sales?

[ebw]

mike_intellivision said:

Train wreck said:
Where are Apple's decreasing profits? (they are more like flat) They shipped a record number of iphones and ipads this past quarter. And nintendo did nothing to dent it as their sales and profit have been falling for three or four straight years. Its more competition from Android than anything Nintendo has done.

Apple profit down 6 cents per share.  Technically closer to flat, but still down.

You're confusing "profit down 6 cents per share" with "profit per share down 6 cents".  Profits are UP, not down.  It just happens that outstanding shares are up by more (though this is set to change with their stock buyback program).  Read the press release carefully:

http://www.apple.com/pr/library/2013/01/23Apple-Reports-Record-Results.html

It clearly states that Apple's quarter set a new record for profit.  Not by much, but obviously an improvement, especially taking into account that their previous record came from a 14-week period rather than a 13-week period.