{"id":7984,"date":"2012-04-24T17:33:22","date_gmt":"2012-04-25T00:33:22","guid":{"rendered":"http:\/\/37prime.wordpress.com\/?p=7984"},"modified":"2012-04-24T17:33:22","modified_gmt":"2012-04-25T00:33:22","slug":"apple-disappoints-wall-street-analysts-by-making-a-lot-of-money","status":"publish","type":"post","link":"https:\/\/37prime.com\/news\/2012\/04\/24\/apple-disappoints-wall-street-analysts-by-making-a-lot-of-money\/","title":{"rendered":"Apple disappoints Wall Street analysts by making a lot of money."},"content":{"rendered":"

Apple reports its 2012<\/a> Second Quarter Results with quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion.<\/p>\n

The Company sold 35.1 million iPhones in the quarter, representing 88 percent unit growth over the year-ago quarter. Apple sold 11.8 million iPads during the quarter, a 151 percent unit increase over the year-ago quarter. The Company sold 4 million Macs during the quarter, a 7 percent unit increase over the year-ago quarter. Apple sold 7.7 million iPods, a 15 percent unit decline from the year-ago quarter.<\/p><\/blockquote>\n

There are still a lot of Wall Street analysts disappointed with Apple’s quarterly results. John Gruber sums it up nicely<\/a>. Gruber quoted some writer from some website:<\/p>\n

But, when it comes to Apple, those sales were actually something of a disappointment. On average, Apple was expected to sell closer to 13 million iPads last quarter, the first in which it has sold the New iPad, as the latest model is known.<\/p><\/blockquote>\n

Let’s see. Wall Street analysts were guessing the amount of iPads Apple would be selling and got their number higher than what Apple reported. That’s a disappointment to them. What I want to know is where the 13 millions of iPad number is coming from? Were the analysts throwing darts onto a board and picked whatever the number the dart landed on?<\/p>\n

Anyway, these Wall Street analysts or Financial analysts sound more like people who make stuff up by extrapolating numbers that are not correlated to each other.<\/p>\n

Let’s see how Apple shares perform on Wednesday April 25th, 2012. I’m pretty sure there are a lot of people who already reaped a lot of profits by selling their Apple shares for the past week.<\/p>\n","protected":false},"excerpt":{"rendered":"

Apple reports its 2012 Second Quarter Results with quarterly revenue of $39.2 billion and quarterly net profit of $11.6 billion. The Company sold 35.1 million iPhones in the quarter, representing 88 percent unit growth over the year-ago quarter. Apple sold 11.8 million iPads during the quarter, a 151 percent unit increase over the year-ago quarter. … <\/p>\n

Continue reading “Apple disappoints Wall Street analysts by making a lot of money.”<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[936,3156],"class_list":["post-7984","post","type-post","status-publish","format-standard","hentry","category-news","tag-tech","tag-wall-street"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pcNtU-24M","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/posts\/7984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/comments?post=7984"}],"version-history":[{"count":0,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/posts\/7984\/revisions"}],"wp:attachment":[{"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/media?parent=7984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/categories?post=7984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/tags?post=7984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}