Apple profits surge 93% - $11.6 Billion in PROFIT
- Thread starter pocketrockets
- Start date
When you sell out dated hardware in pretty cases and your userbase is made up of hipsters and homosexuals who don't care about overpaying for "cool" products, it's easy to make huge profits.
Just to put this in perspective for you peeps thinking of wanting to buy into Facebook:
Facebook reported net income of just $205 million during the quarter (on $1B in revenue) down 12% from $233 million a year earlier.
Facebook reported net income of just $205 million during the quarter (on $1B in revenue) down 12% from $233 million a year earlier.
If selling to hipsters and faggots made them 100 billion dollars, how the fuck can I tap that market?
This comment is very relevant to my interests, I've been finding myself continuously asking the very same question. I'd be more than happy to yield even 1% of that in my life time, as I'm sure anybody here would.
McDonald's is another company I try and model my businesses on, there's a good reason(s) why these companies are successful and you've just got to find those golden nuggets.
I've been using Mac's only for years now (since the Intel switch). I'm glad they're doing well. It's all kind of funny, considering Bill Gates invested all that money years back too - helped keep them alive.
Earnings were announced after the market closed.
Will be up tomorrow as soon as the market opens.