Musings of a Gotham City Geek
What is the sound of one blog clapping?
For Apple, the iPhone is turning out to be the goose that laid the golden eggs, and the treasure isn’t going unnoticed by Google and Microsoft.
Apple reported its most successful quarter this week, exceeding estimates in just about every facet of its business. For the company’s fourth fiscal quarter, the company reported revenue of $6.22 billion and profit of $904 million; analysts had expected Apple to report revenue of $6.1 billion.
Apple has sold 1.39 million iPhones, and 1.1 million during the quarter, the company reported. Mac shipments were up 34 percent, compared to last year, and iPod shipments were up 17 percent.
Apple is gaining share on the rest of the PC industry. Last week, IDC and Gartner had the worldwide PC market growing at about 15 percent, while Mac shipments are growing more than twice as fast.
