Consider what some so-called tech pundits and industry analysts said in the long (some say endless) run up to Apple’s quarterly report. Mac sales are down and Apple has a problem. They’ve got to cut prices and rush out a netbook to save the business. Perhaps the best comment I read about Apple’s quarterly financials, […]

All right, just yesterday I was suggesting that Apple would record good sales for Macs and the iPhone, and, based on a preliminary survey, suggested iPod sales might decline slightly. But, as usual, Apple made the industry analysts and Wall Street money people look foolish. In the final quarter of 2008, which is actually the […]

All right, so Apple can’t even sit back and celebrate its record 3rd fiscal quarter profits without seeing its stock price plummet again. As usual, the reasons are complicated, and probably only related in part to the company’s actual performance or their immediate expectations for the current financial quarter. Although one press report erroneously stated […]

By nearly any estimate, Apple is doing extremely well these days. For the fiscal quarter ending June 30th, for example, they beat the street once again, reporting record earnings of $5.41 billion, with a net profit of $818 million or $.92 per diluted share. In contrast, last year’s quarterly results totaled $4.37 billion, with a […]