Apple Success Continues To Soar

Even without the iPhone 5 -- or thriving TV and mobile ad strategies -- Apple’s sustained success continues to amaze. 

“There are plenty of impressive stats in Apple’s December quarter earnings report, such as 37 million iPhones shipped, $46 billion of overall sales, and $13 billion of profit,” reports ReadWriteWeb. “But Apple's most impressive stat continues to be its growth rate.”

“It turns out Apple didn’t need an iPhone 5 to bolster sales,” remarks The New York Times.

Indeed, “any notions that Apple's iPhone 4S was a lame duck were erased with Apple's quarterly earning,” writes CNet.

“It almost defies words in terms of the strength across all products,” Toni Sacconaghi, an analyst at Sanford C. Bernstein & Company, tells NYT. “Everything about it eclipsed even the wildest expectations of analysts.” 

"This is more than spectacular," Tim Bajarin, an analyst with Creative Strategies, informs "They had a record-setting blowout quarter with incremental upgrades to the iPhone and the Mac. Imagine what 2012 will be like with a new version of the iPhone, the iPad and maybe even an all-new Mac." 

As such, “analysts expect that Apple will have a strong year of new products,” reports the  Los Angeles Times. As it stands, “Apple Inc. is selling a whole lot of just about every product it makes.” 

As VentureBeat recalls, “Apple notably missed Wall Street’s expectations for the first time in a long time during its last earnings report.” Even for Apple, however, expectations at the time were simply too high.

Apple now claims a cash hoard of $97.6 billion, and, as The Verge reports, doesn’t plan on letting it "burn a hole in our pockets." In fact, CFO Peter Oppenheimer says Apple is having "active" discussions about spending it.

Recommend (4) Print RSS
All content published by MediaPost is determined by our editors 100% in the interest of our readers ... independent of advertising, sponsorships or other considerations.