April 26, 2024
Apple's Last Quarter Was the 4th Best of All Time [Chart]

Apple's Last Quarter Was the 4th Best of All Time [Chart]

Posted February 3, 2014 at 5:16am by iClarified
Last quarter Apple reported $13.1 billion in earnings, making the fourth best quarter of all time, notes Philip Elmer-DeWitt for Fortune. In fact, Apple has had 5 out of the 10 highest quarters and is the only tech company in the top ten.

It was Apple's fifth $10-billion-plus quarter in three years. Only oil and gas companies make that kind of money, and they haven't seen $10 billion quarter since 2011. So what about David's question? Why did the stock drop 8% Tuesday? I suspect part of the the answer can be found in the geometry of those five red bars. Apple is reporting record earnings, but Wall Street is looking for earnings growth.

Take a look at the chart below!


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Apple's Last Quarter Was the 4th Best of All Time [Chart]
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Comments (5)
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Richkid
Richkid - February 3, 2014 at 7:17am
$2500 of tht was from me lol
dontcare
dontcare - February 3, 2014 at 6:14am
Thats the trouble though. Everyone has been looking forward to what apple will bring out for a few to many disappointed years. The only reason the end of year is so high is because of the deal with china. With iphone sales down 4.4% in the western world, android sales up the share holders are quite rightly worried. Ios7 was never going to be enough. This is not about iphone vs android. It never was. This is about inervation. Without that, apple will only have a ever diminishing customer base.
Ken
Ken - February 3, 2014 at 7:53am
Yes but what "innovation" has Android bought to the table? Android sales may be up (which phone is outselling any iPhone again?) but that doesn't make it the best OS; cheapest price is what drives many consumers to make a purchase, most people don't make any other consideration.
Yea
Yea - February 3, 2014 at 5:50am
To all those who said ios 7 sucks and without steve jobs apple is not the same....guess again. Love Apples' devices and i love android too. I use android here and there (when i travel to foreign countries), but the overall 'feel' of ios 7 in conjuction with the hardware design of the iphone 5, is my definite everyday device. Great product and looking forward to what apple will bring to the table in the near/far future.
gamerscul9870
gamerscul9870 - February 3, 2014 at 11:57am
Thank you, they can't prove a shit wrong, apple thinned iPhone and it still became popular today, they made an iOS with new looks on their own, they actually lost the weight of iphad and increased it's power, and the Mac... Yeah.
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