Ho, Ho, Ho: Apple Sells 47,160,000 New iThings in Q1

Filed in Apple, BP, Gold, GOld juniors, Gold Market, ipad, Lear, Microsoft, o by on January 19, 2011 0 Comments

Judging from Apple’s (NASDAQ:AAPL) first quarter numbers, the Steve Jobs medical leave story is only going to be a minor hiccup in the short term. Fresh off of the Christmas holiday, Apple crushed it again. Net income in the fiscal first quarter rose to $6 billion, or $6.43 a share. That blew away last year’s take of $3.38 billion, or $3.67/share as profits surged 78%. In the blow out quarter, which appropriately enough ended on Dec. 25, Apple sold: 7.33 million iPads. 16.2 million iPhones 4.13 million Mac computers And 19.5 million iPod media players. That’s a total of 47,160,000 new electronics devices sold in just three months. Put another way, thats one new gadget for every 6.6 Americans since September 25 th . Somewhere, no doubt PC guy is now beating his head against a brick wall. Because let’s face it, Microsoft has now been completely left in the dust by the company it bailed out in 1997 with $150 million investment. In just two short years, Apple has practically put the game out of reach. As for Steve Jobs, lets just say that the company will do just fine without him for the time being. Related Articles: Apple: Stock of the Year Apple’s Next Evolution Apple Sets its Sights on iSpecs To learn more about Wealth Daily click here Advertisement Most Important 500 Square Miles on Earth Becomes Private Property It was a stretch of barren landscape just a couple hundred miles away from the North Pole… But locked within it sat a 50-year supply of the most important class of industrial metals known to man. Earlier this year— for the first time ever — a single company took hold of this land… And altered the course of the world’s high-tech market forever. Learn more here. Ho, Ho, Ho: Apple Sells 47,160,000 New iThings in Q1 originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

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Ho, Ho, Ho: Apple Sells 47,160,000 New iThings in Q1

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