Apple’s Q1 2016 results

[Dionysus]

Mind you, this is for one fiscal quarter.

• $75.9 Billion Revenue
• $18.4 Billion Net Income
• Nearly $216 Billion cash (and marketable securities) on the balance sheet
• 74.8 Million iPhones sold (34,000 per hour average)

imore.com/tim-apples-ceo-q1-2016

20 years ago today, Sun Microsystems was “literally hours away from buying Apple” for $4 Billion. (Business Insider)

An extraordinary American business story.

 

[Seattle Husker]

And they "missed" expectations!!!

 

[HornHuskerDad]

I have a very large paper gain on my AAPL holding. I keep asking my broker when we should take the profits and he keeps saying "Ride the horse until it bucks." Guess we'll keep riding it.

 

[Dionysus]

And they "missed" expectations!!!

Yeah, I’ve always thought that maybe the expectations were out of line, not the company performance. But I don’t understand the market.

I have a very large paper gain on my AAPL holding. I keep asking my broker when we should take the profits and he keeps saying "Ride the horse until it bucks." Guess we'll keep riding it.

Some folks think AAPL is still way undervalued, I wish I had bought a LOT more. We got in at $72 (pre-split) in 2006. Growth since then has been phenomenal.

 

[Joe Fan]

I thought it was nice video

https://www.youtube.com/embed/GeoUELDgyM4