1q 2011

Steve Jobs may be sick, but Apple's still killin' profit expectations

Want to know the best way to get investors off your back about your iconic CEO’s illness? Post numbers that make everyone criticizing you look like chumps. That’s what Apple did today. And even though Steve is still sick (and hopefully he’s able to deal with that without a problem), the numbers suggest that Apple does so much right that it’ll be hard for them to screw up the next couple of quarters. Just to give you kids an idea:

  • $22 billion in revenues in the first quarter for Apple (very good)
  • 2% the increase in Apple’s stock after Apple’s numbers were released, nearly erasing earlier Jobs-illness-related losses
  • 4:5 the number of Fortune 500 companies currently field testing the increasingly-popular iPad – suggesting further success
  • 16.2M the number of iPhones Apple sold, which is way up from a year ago
  • 7.33M the number of iPads they sold – an extremely robust number
  • 4.1M the number of Macs they sold – also way up from a year ago source

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