Apple reports $8.8bn profit for Q3, raises expectations for iPhone 5's launch

By Leeky
Jul 25, 2012
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  1. Apple reported its third-quarter financials in an earnings call yesterday, missing Wall Street's forecasts partly due to slowing demand from Europe and because of the continued speculation surrounding its next generation iPhone, as consumers wait for the new handset's arrival……

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  2. Lurker101

    Lurker101 TS Evangelist Posts: 738   +247

  3. SNGX1275

    SNGX1275 TS Forces Special Posts: 10,714   +397

    First headline on this story (outside of the obviously pro apple sites) I've seen that didn't make a big deal about missing expectations, some places even were calling it big or huge.
    It depends on who's expectations though. Apple exceeded their own expectations, just not the analysts'.
  4. spydercanopus

    spydercanopus TS Evangelist Posts: 814   +93

    They need to hurry up with iPhone 5 if they want to maximize their profits. Too many other awesome phones are on the rack and the 4S is looking a little puny when sitting next to them.
  5. RajeGera

    RajeGera TS Rookie Posts: 50

    Big fan of Apple..Revolutionised the industry..Created the need of consumer by inventing IPODs,IPADs,IPhone....Others just follow the footsteps of Apple...What next Apple can invent for us??

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