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Posted on October 18, 2010 | tags

 
 

Biz, Tech: Apple’s 3Q earnings report overloaded with (mostly) good news

  • 91% increase in iPhone sales from a year ago (wow)
  • $20
    billion
    Apple’s quarterly revenues, which happens to be a new record for them, by the way
  • $4
    billion
    Apple’s quarterly profits, which is also a record for them – and up 70 percent (!); freaking show-offs
  • +28% increase in Mac sales year-over-year; not bad considering their light recent publicity
  • +28% increase in iPad sales from last quarter; pretty good but not particularly spectacular
  • -11% decline in year-over-year iPod sales, which admittedly was kind of expected source
  • » Investors somehow not impressed: Wait, what? Well, here’s why: They expected the increase in Apple’s iPad sales to be much higher, so as a result, Apple’s stock went down five percent in after-hours trading. You bastards can’t ever be impressed, can you?
 
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