More Dollars In The Bank Of Apple
Posted 25 April 2012 - 09:24 AM
iTunes and App Store:
-$1.9 billion in iTunes revenue (a 35 percent YOY increase)
-600,000 apps (200,000 iPad specific apps)
-365 million iOS device sales
-$22.7 billion in revenue from iPhone and accessories
-6.6 billion in revenue from iPad and accessories.
-7.7 million iPod sales
-125 million iCloud users—up 25 million from February
-$4.4 billion in retail store revenue, up 8 percent
-363 Apple Stores
-826,000 Macs sold in store—half to new customers
-$12.2 million average revenue per-store (up from $9.9 million)
-85 million visitors to retail—18,000 per store, per week
O and they made a 10.6 Bill profit on sales of 39.2 Bill, not a bad effort
Posted 25 April 2012 - 10:00 PM
Realistically there is only one place they can go, and it's not up.
It's mathematically impossible to continue growth at anything like this rate, if at all.
The next big challenge for Apple is to contain the business at a static level. That is a lot more difficult to master than constant growth. I'm not denying it's success, but where is the model for remaining at the top?
Posted 25 April 2012 - 11:55 PM
...Sometimes you just wanna duct tape her mouth and dump her in the hold for a month."
Posted 26 April 2012 - 12:20 AM
There is no doubt about that, but the growth cannot sustain western prices, and therefore the growth in profit cannot be sustained, even if the present massive markups can be maintained.
The software, music and book business will provide stability I think, for many years, but stability and growth are not the same in the eyes of the market.
It's a bit like the press in Aus reporting a reduction in the rate of increase of property prices as a slow down rather than a stabilisation.