Apple posts $3.38 billion first quarter profit, iPhone shipments up 100%

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Matthew DeCarlo

Posts: 5,271   +103
Apple has posted its first-quarter 2010 financial results, reporting a profit of $3.38 billion ($3.67 per share), which is up from $2.26 billion in the year-ago quarter. Revenue reached $15.68 billion, an increase from $11.88 billion in the previous year, and better than Wall Street's anticipated $11.21 to $12.6 billion on earnings of $2.07 a share.

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windmill007

Posts: 307   +5
Notice how much profit they make from there actual sales. That's because they over charge customers. They never give back to the people. All of you supporting Apples way of doing business should be ashamed. I'm glad other companies aren't as greedy and support competition.

Anything but Apple FTW!
 

Burty117

Posts: 4,040   +2,019
Agreed with Windmill007 but on the other Hand, Apple do have some great products which no one else can sell for example Mac OSX. which is a shame, I've used Mac OSX on my friends house all the time and I think its great, but I just cannot afford the price for Apples laptop as well.
 
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