Daily Archives: January 19, 2006

Mo’ Money, Mo’ Money!

Filed under Apple

Apple had their quarterly conference call last night.. announced the best quarter in company history, beat analysts expectations (again)..

Apple posted revenue of US$5.75 billion and a net quarterly profit of $565 million, or $.65 per diluted share, in this 14-week quarter. These results compare to revenue of $3.49 billion and a net profit of $295 million, or $.35 per diluted share, in the year-ago quarter.

And so what happens? why, of course, because its Apple we’re talking about, the stock drops in price… /sigh/

Oh well.. it’ll go back up