Homo Economicus

Sounds like they could manufacture domestically and still be pretty damn profitable. 

parislemon:

Remember back in October when after a rare “miss” by Apple (which was only a miss because analysts are stupid and lazy), the early signs pointed to the potential of a $40 billion quarter? Some thought that was insane given that Apple had never even had a $30 billion quarter before. Well, turns out that projection was a little insane — insanely low.

Try a $46.33 billion quarter.

It’s a number so insane that it even destroys the $42.76 billion blow-out “whisper” number.

As for the early projections of 34 million iPhones sold — which again, some people thought were crazy — also low. Try 37 million.

But hey, Android is winning, right?

As for the other numbers. 15.43 million iPads. A record. 5.2 million Macs. A record. 15.4 million iPods. Not a record, but no surprise — this is the age of the iPhone.

Net quarterly profit was $13.06 billion. Again, holy shit.

That stock you were an idiot for selling after aforementioned “miss”? Up 10% now in after-hours trading, well past $460 a share. By far an all-time high, pushing Apple’s market cap well past $400 billion. 

I’ll be listening to the call at 2PM PT and posting some follow-up thoughts on TechCrunch. Stay tuned.