It was the 1980s all over again for Apple: a period of dominance foisted by the fact that Apple was blazing new ground in standards of consumer accessibility for technology, but at the end of the day, people see computers as tools and want their tools to be as versatile as possible, something Apple's uninterested in doing.

Though Apple's positioned to remain proportionally much, much more powerful and relevant in smartphones than they were in home computers for the 1990s

you tell em woz.
Woz was the real brains behind apple

That's what I don't understand...

Apple showed records in everything except Mac and iPods... broke but a lot all the previous quarters sales... revenue too... profits too.

Some facts...

- #AAPL reports record result, with earnings per share of $13.81 and revenue of $54.5bn beating Street's expectation
- That's 10 million more iPhones sold than in any other quarter.....ever. Also highest iPad sales ever, by some 5 million devices.
- 47.8M iPhones (up 29% YoY), 22.9M iPads (up 49% YoY), 4.1M Macs (down 22% YoY), 12.7M iPods (down 18% YoY)

Call me crazy but there is something wrong here lol lol lol

Good news they are still overvalued. Plus Exxon Mobil doesn't rely on slave wakes/labor to make their profits.

Congrats to Exxon M.

Media has been against apple for awhile now. They have reports of child labor being used in their supply chains. They had the map fiasco. They are loosing their cool factor as they are now mainstream. They are no longer a leader in smart phones (i believe Smasung has surpassed them). Its come time to show that they are still an inovative company that will have new ideas come to fruition. Unless they can anounce something new that does well I see people loosing faith in them as a growth company, and fear they will repeat their original rise and fall with the home pc market.

Exxon/Mobile has been a lot bigger then BP for quiet a while now even before the spill.  I'm not sure but I'm guessing one of them was even bigger then BP before the merger.  When I lived in Germany there where more Esso (Exxon) gas stations then BP ones.

They have one product that sell better than any other in the market... no way the Galaxy S3 for example sold more than 20 million this quarter.. the iPhone 5 sold over 40 million this quarter.

But if you get the combined number from Samsung then you have they shipping more than Apple...

Anyway all the Samsung number are estimated by IDC: 63 million shipped in Q4 2012

I think iphone will outsell it this quarter, but last quarter it was the S3. I think people just see the writing on the wall that they will be passed by other more inovative phones. Its hard to try different things when they only have 1 model to adjust. They can't keep with advances in tech that way, and they can't try different techniques to see what customers may prefer. They have to rely on one model year after year, so they must play it safe.

Overvalued? It has a worse P/E ratio now than it did in the crash of 2008. If this pricing trend continues for a few more years, the company may go private. It already holds 1/3 of its market cap in cash.