Remember back in October when after a rare “miss” by Apple (which was only a miss because analysts are stupid and lazy), the early signs pointed to the potential of a $40 billion quarter? Some thought that was insane given that Apple had never even had a $30 billion quarter before. Well, turns out that projection was a little insane — insanely low.
It’s a number so insane that it even destroys the $42.76 billion blow-out “whisper” number.
As for the early projections of 34 million iPhones sold — which again, some people thought were crazy — also low. Try 37 million.
But hey, Android is winning, right?
As for the other numbers. 15.43 million iPads. A record. 5.2 million Macs. A record. 15.4 million iPods. Not a record, but no surprise — this is the age of the iPhone.
Net quarterly profit was $13.06 billion. Again, holy shit.
That stock you were an idiot for selling after aforementioned “miss”? Up 10% now in after-hours trading, well past $460 a share. By far an all-time high, pushing Apple’s market cap well past $400 billion.
Apple now has $97.6 billion in cash.
I’ll be listening to the call at 2PM PT and posting some follow-up thoughts on TechCrunch. Stay tuned.
Marco Arment has this exactly right. We may have beaten these variations of SOPA and PIPA, but the sad fact of that matter is that they — or something like them — will eventually pass.
Obviously, all things being equal, such bills should never pass. But all things aren’t equal. As with most things, this is actually all about money. The MPAA and the other content lobbies are going to continue to pump money into this until they get what they want.
And again, they will. Consider this: SOPA and PIPA came this close to passing with MPAA head Chris Assclown Dodd banned from direct lobbying. Why is he banned? Because there’s a law that requires politicians to be two years out of office before they can lobby.
Dodd vacated his U.S. Senate seat on January 3, 2011. In a year, he’ll be able lobby all he wants. He’ll be able to directly buy the support of all his former colleagues. He spent 36 years in Washington as both a Senator and Congressman. You think that doesn’t matter? He’s going to be the best lobbyist ever. Which is exactly why the MPAA picked him.
Arment’s hope that people stop supporting the MPAA by stopping watching films clearly isn’t going to happen. But the idea of supporting campaign finance reform to eliminate bullshit lobbying is a good one.
Why do I hate Android? It’s definitely one of the questions I get asked most often these days. And most of those that don’t ask probably assume it’s because I’m an iPhone guy. People see negative take after negative take about the operating system and label me as “unreasonable” or “biased” or worse.
I should probably explain.
Believe it or not, I actually don’t hate Android. That is to say, I don’t hate the concept of Android — in fact, at one point, I loved it. What I hate is what Android has become. And more specifically, what Google has done with Android.
The Facebook iPhone app is starting to drive me insane. Sometimes there’s a Lists section in the left menu area (including Smart Lists and custom Lists), sometimes there’s not. Sometimes the Lists toggle becomes a button in the upper right of the main News Feed screen. Sometimes it’s in both places. Sometimes it’s in neither place. The same is true for the iPad app.
I get the power and ease of populating these things dynamically through HTML5, but we still need some consistency. At least if I update an app, I can brace myself for some change. But Facebook is pushing all of these changes on the backend so no app updates are needed. Every time you open the app, you never know what you’re going to get.
It’s really kind of a nightmare. It’s completely disorienting and frustrating. I’m surprised more people aren’t complaining about it.