Apple’s ‘Disappointing’ Quarter in Context

Felix Richter for Statista:

What most of the stories on Apple’s demise overlooked, or chose to ignore, was the fact that the company had just delivered record revenue and one of the highest quarterly profits ever to be reported by any company – ever. CEO Tim Cook later pointed out to Apple’s employees, that he felt his company was unjustly assessed by Wall Street and that “the only companies that report better quarters pump oil”.

For whatever the Wall Street analysts think, Apple’s “disappointing” quarter was still more profitable than the profits recorded by even other super-profitable companies

Also read...

Comments are closed.