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Apple announces $1.33/share Q2 profit, shatters Wall Street estimates
As nearly everyone notes right from the start when they begin to dig into the numbers that Infinite Loop has disclosed, the company’s profits — up 15% overall — have been driven primarily by strong sales & margins in the iPhone sector of its business.
That is to be expected, and will continue to be the case; however, in about seven weeks’ time (WWDC, June 8-12th) we are increasingly confident that more than just new iPhones & iPods will be announced. Whether the new iDevice(s) will be Apple’s answer to the netbook, the “iTablet,” or both in one device…whether they will be marketed as a Mac, given an i-Name, or one of each….these are the questions that we’ll be digging into over the coming days. Read more