Apple revenue jumps, beats Street view

Yahoo Finance ^ | April 24,2012

[Hojczyk]

Apple Inc (AAPL.O) on Tuesday reported quarterly revenue that handily beat Wall Street estimates, driven by strong demand for its iPhones and iPads, sending its shares 3.5 percent higher.

The consumer electronics giant said its fiscal second-quarter revenue rose to $39.2 billion, better than the average analyst estimate of $36.8 billion, according to Thomson Reuters

[KarlInOhio]

Schwab shows the after hours prices jumped about $40 per share.

[WashingtonSource]

I’m lovin’ it!

[kingu]

Was there any guidance on the Justice Department’s price fixing suit?

[BillyBonebrake]

Wow, glad I took Dad’s advice last week.

[ctdonath2]

And another jump is about to happen. There’s a lot of pent up demand for Macs featuring the new processors Intel announced yesterday. I’d expect new iMacs and MacBook Pros this week, with more updates within the quarter. LOTS of people will be making purchases they’ve been holding off for 1-6 months in anticipation.

[roadcat]

And they should hold off a little longer. New OSX version coming out this summer. I’m limited to Lion on my old MacBook, will get a replacement after Snow Lion OSX 10.8 comes out. Curiously, it will run on 3rd-party hardware like HP machines, but I will stick with Apple. I’ve had too many problems with HP PCs.

[ctdonath2]

Operating systems can be upgraded with ease. Hardware can’t. I’ve been waiting upwards of 6 months for the new iMacs. At some point I have to replace my 7 year old POS Windows notebook, and Apple will burn a lot of customer loyalty if waiting for the next OS means upgrading hardware just before the next version. I’m not the only one who has been waiting.

Apple didn’t sync prior OS versions to new hardware. No reason for them to start now. Much as I want the new 27” iMac to have retina display and an OS capable of supporting it, I doubt the hardware will be there that soon at the standard price.

[roadcat]

Agree, a lot of people waiting for the new iMacs. I can wait a few more months, as I’ve been wanting to upgrade for a couple years now. My wife is complaining that Lion slowed down our old MacBook compared to Snow Leopard, even with an SSD. The new Mountain Lion won’t work on it (I misspoke calling it Snow Lion). I’ve got an even older iMac than my MacBook. I do most stuff on my iPads so no longer need the portability of the MacBook. I suspect a lot of others will shift to iMacs for non-iPad stuff. Apple will be selling a lot of iMacs just for that reason alone.

[ctdonath2]

Yup, the iPad has liberated the must-be-mobile use from the big-and-powerful use. I’d gone the laptop route, but laptops are a compromise: portability sacrificing power/capacity, but at the same time sacrificing portability for power/capacity. Tablet + desktop = superportable always-there always-connected flexibility + superpowerful multi-core massive/multi-monitor multi-gigabyte multi-terabyte let’s-challenge-Moore’s-law capability. Throw in cloud storage and remote desktop, and the desktop market will take off again thanks to tablets.

I’ll keep waiting, ever more grudgingly, for the new >=27” iMac. In the meantime, my “home computer” (a now-woefully-underpowered ultraportable with a dead battery and dead fan) serves little more purpose than the obligatory iTunes base.