Not slowing down apparently.
So Apple just posted some really great numbers for the last quarter.
The company posted a record $13.1b profit on a record $54.5b in revenue, compared to last year’s record of $13.06b profit on $46.33b in revenue.
The quarter before this, they made $8.2b profit on $36 billion in revenue.
Some important stats:
The results narrowly beat the consensus Wall Street projections, which had Apple posting a $12.8b profit on $54.8b in revenue. Apple also beat its own estimates, which were $11b in profits on $52b in revenue.
Since Apple stock lives in a weird bizarro zone, the news was greeted with passivity by the markets and the stock was down yesterday.