I used to get really excited about every quarterly Apple earnings statement. Indeed on every Apple announcement ‘full stop’. But it seems an age since I got ‘excited’ about anything ‘Apple’.
Still, I guess I better report that Apple actually sold 31.2m iPhones in their Q3 – which was somewhat ahead of analyst forecasts which pushed the share price up nearly 5% in after hours trading. Unfortunately iPad sales were down 2.4m at 14.6m. So revenues were broadly flat at $35.3b with profits down 22%.
We seem to have waited an age – actually c9 months – since any new Apple product. We are now told that new products are due ‘in the fall’. Although no news on what they might be. iWatch? iTV? Low end iPhone?
I think this is the shortest Apple post I have ever produced. Which rather ‘says it all’.