Apple 2Q income up 90 pct, shares jump to new high

[onehandle]

Source: AP

SEATTLE – Blockbuster iPhone sales helped Apple Inc. blow past Wall Street's expectations with a 90 percent leap in net income for the most recent quarter. Shares of the company skyrocketed to an all-time high in extended trading Tuesday.

Apple said it sold a record 8.8 million of its popular iPhone smart phones in the three months that ended March 27, more than double the number sold a year ago. Revenue from the phones made up 40 percent of Apple's total revenue. The previous high was 8.7 million phones sold in the October-December quarter last year.

Piper Jaffray analyst Gene Munster was astounded by the iPhone results. He said such ongoing growth is unheard of for a successful three-year-old device.

"It's defying the law of gravity," Munster said. "Internationally, it's catching fire."

Read more: http://news.yahoo.com/s/ap/20100420/ap_on_hi_te/us_earns_apple_4

[ShamelessHussy]

1. wow - build a better 'mouse-trap' and the world will beat a path to your door

congratulations apple folk :toast:

[Sultana]

2. Nice

Now if Steve Jobs can gift me an 64gb iTouch as a graduation present....hmmmmmmmmm.

[onehandle]

3. 64 gig is what I am hoping for in the coming new portables.

My 16GB iPhone is perpetually full.

[Javaman]

4. makes me sick. I could have bought apple when it was at 9 back in the late 90's

ARRRRGGGG!!! >screams and shakes fists at the sky<

[onehandle]

9. Yeah. We were saving for our house back then, so alas not us either.

Guess which was the better investment?

[alfredo]

13. I bought in at $10, sold at $24. AAPL helped me pay off

my mortgage twenty years earlier than expected.


Yeah, that stock split several times since then.

Now, I own no stock, nothing, nada, and I don't care to re enter the casino.

[notadmblnd]

5. I guess I'd have a record year too if I could make my Chinese employees work 15

hour days, make them sleep at their desks and provide them no time to eat or go to the bathroom all for 80cents per dsy.

[Ysabela]

6. Source?

Any data to back up your opinion, or just making unfounded accusations like a typical MS-bot?

[Divine Discontent]

7. I think you mean Microsoft

the national labor board said Apple is one of the few major companies that routinely monitors factories in Asia, especially when they're presented with bad conditions in a factory.

http://news.cnet.com/8301-13860_3-20002500-56.html

[notadmblnd]

15. Yes, My bad

[Jakes Progress]

8. Not up on the news?

Apple did an audit of their suppliers and cited the ones that were cheating. Microsoft just this week had to go out and announce that their Chinese contractors were breaking child labor laws after an outside watchdog organization called them on it.

Sorry that your bubble has a hole.

[notadmblnd]

16. why are you sorry, it seems it provide you with much glee?

Only too happy to ridicule my mistake which I did admit in another post. So I guess my comment wasn't a total loss:shrug:

[Indenturedebtor]

10. They make good phones... if they could just catch up with PC's for cost benefit

and flexibility.

Unless something changes drastically the iphone will be the last apple product I buy. I just built my wife a computer for 1400 bucks that is 3 times as powerful as a 5 times more expensive mac, and will allow me to access all the software I could ever want.

I get the enthusiasm for the iphone, but I REALLY don't understand people who buy apple computing appliances.

[onehandle]

11. Maybe because people don't want to build them. And 5x$1400 is more than any Mac.

For less than that, you can get two 2.93GHz Quad-Core Intel Xeon "Nehalem" processors. What's three times more powerful than that for $1400?

And the software argument is literally from the last century. There's a Mac version of just about anything standard. As for things that are not available, you can run Windows on a Mac and faster than on most PCs.

[Indenturedebtor]

17. You've been spending too much time on the Apple site my friend

You don't have to build them... you can pay someone 200 bucks to build one, have a three year warranty on all of your parts, and your pricing is WAYYYYY off. These are the basics from the temple of Jobs:

8-Core
Two 2.26GHz Quad-Core Intel Xeon "Nehalem" processors
6GB (six 1GB) memory
640GB hard drive1
18x double-layer SuperDrive
NVIDIA GeForce GT 120 with 512MB
Ships: Within 24hrs
Free Shipping
$3,299.00

Quad-Core
One 2.66GHz Quad-Core Intel Xeon "Nehalem" processor
3GB (three 1GB) memory
640GB hard drive 1
18x double-layer SuperDrive
NVIDIA GeForce GT 120 with 512MB
Ships: Within 24hrs
Free Shipping
$2,499.00


Take a look at how much memory you get (Rediculous wasteful BOTTLENECK for graphics)... not to mention that there's no raid array involved (BOTTLENECK), the graphics card is woefully out of date (as well as underpowered), and this doesn't even include any software! Lets also forget for a second that you won't be able to overclock.... but below I've posted the closest possible equivalent to what i'll be assembling saturday morning for my graphic designer wife:

$5,499.00

Specifications
One 2.93GHz Quad-Core Intel Xeon
12GB (3x4GB)
Mac Pro RAID Card
1TB 7200-rpm Serial ATA 3Gb/s
1TB 7200-rpm Serial ATA 3Gb/s
2x NVIDIA GeForce GT 120 512MB
One 18x SuperDrive
Apple Mouse
Apple Keyboard with Numeric Keypad (English) and User's Guide

They don't even mention the cache on the hard drives (which won't be over 32MB I guarantee it), and I'm still picking up another TB on my drives. I added two of these out of date overpriced graphics cards to the Mac to try to come up to the 260.. but hey you get a mouse and a shiny apple logo for your money.

Truly you can almost get there for 4500 bucks (which is 3.5 times the price without restricted overpriced software).

Here's the PC I built with 8 hours of fairly intense research.. there are some small bottle necks there which I could address with cheap component swaps but will not be hit for the next few years of graphic design and state of the art gaming.. and I can OC with a couple of cheap cooling upgrades. For gaming I could also add 2 more cards when they drop to 100 bucks in a year or so. To be fair I already own the case:

------

1
Intel Core i7-930 Bloomfield 2.8GHz LGA 1366 130W Quad-Core Desktop Processor Model BX80601930
Item #: N82E16819115225
CPU Replacement Only Return Policy
$294.99
1
EVGA 141-BL-E757-TR LGA 1366 Intel X58 ATX X58 SLI LE Intel Motherboard
Item #: N82E16813188049
Limited Replacement Only Return Policy
$214.99
1
Arctic Silver 5 Thermal Compound - OEM
Item #: N82E16835100007
Consumable Item Refund Only Return Policy
$9.99
2
Western Digital AV-GP WD15EVDS 1.5TB SATA 3.0Gb/s 3.5" Internal Hard Drive -Bare Drive
Item #: N82E16822136495
Standard Return Policy
$239.98
($119.99 ea)
4
ENERMAX UC-8EB 80mm Case Fan
Item #: N82E16811999199
Standard Return Policy
$19.96
($4.99 ea)
1
ASUS DRW-24B1ST/BLK/B/AS Black SATA 24X DVD Burner - Bulk - OEM
Item #: N82E16827135204
Standard Return Policy
$26.99
1
EVGA 896-P3-1255-AR GeForce GTX 260 Core 216 896MB 448-bit GDDR3 PCI Express 2.0 x16 HDCP Ready SLI Supported Video Card
Item #: N82E16814130434
VGA Replacement Only Return Policy
$199.99
1
Seventeam ST-850ZAF 850W ATX 12V V2.2 SLI Certified CrossFire Ready 80 PLUS BRONZE Certified Modular Active PFC Power Supply
Item #: N82E16817176002
Standard Return Policy
$99.99
1
OCZ Gold 12GB (6 x 2GB) 240-Pin DDR3 SDRAM DDR3 1600 (PC3 12800) Low Voltage Desktop Memory Model OCZ3G1600LV12GS
Item #: N82E16820227422
Memory Standard Return Policy
$350.0

-------------------------------------------------------------------------------------------

Now keep in mind that we're looking at graphics processing which is the most often touted "advantage" of macs over PC's. Consider that while the Xeon may be able to take advantage of faster ram, when you're working with graphics you want fast ram in QUANTITY! If you want the imperceptibly faster creation of wireframe there would be some advantage there... were it not for the relatively crappy overpriced graphics card which is what skins your images...

Further, I didn't price a dual xeon rig with a PC but it won't come even close to approaching this bottlenecked overpriced crapple.

Finally, xeons were built for servers. Any IT tech who can't build their own server isn't someone you want to hire.

[Cessna Invesco Palin]

12. That's really not their business model though.

They've never been into commoditizing hardware. I recently bought a MacBook Pro - my seventh or eighth laptop, and my first Mac. I intended to install windows on it :-D I haven't yet as I haven't seen the need. As far as the laptops go the build quality was the big attraction for me. After having used a series of godawful laptops for work over the years, I've got to say that so far the only one that beats the new aluminum MacBooks in terms of build quality is the IBM/Lenovo T-series ThinkPad. Those are truly fantastic computers. I've got to say though that the one thing that has kept me on OSX on this laptop is the multitouch trackpad gestures. I do a *lot* of multitasking, and it's simply faster and less intrusive. The thing that drives me insane is the odd little interface quirks that are holdovers from like, ten years ago when MacOS was much less developed. A lot of it seems to be around just to make macheads more comfortable with the interface.

[Indenturedebtor]

18. My wife complains about those same interface quirks

She comes from a Mac family (they're still robe wearing cult members), but now that she's in graphic design and has to use both macs and pc's she far prefers the PC's.

And though apple was first out with it by a few months, there are a lot of multitouch trackpad enabled PC laptops out there, which if you wanted to, you could load a Mac OS onto. Now that they use the same parts, where does the premium in price come from?

Sure they're pretty reliable, but with 1/10 the amount of effort and research that people put into buying cars they could buy an equally if not more reliable desktop/laptop for WAY less.

Hell you could take some of your hundreds of dollars worth of savings and even buy an Apple sticker :P

[brooklynite]

14. AAPL opens up $11 ($256) this morning...

...and I bought it at $4.