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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: OrionX who wrote (85195)	9/16/2009 3:00:02 PM
From: HerbVic	1 Recommendation Read Replies (1) \| Respond to of 213186

While it is true that the recent quarter is the first quarter of iPhone sales to combine 8 previous quarters, under the current rule, today's rate of iPhone revenue and profit will not be fully realized for another 8 quarters. And I should add, sales and revenue over the previous 8 quarters have not been flat. There has been considerable growth, even in an extremely poor economy. Comparing just this one most recent quarter: The Company posted revenue of $8.34 billion and a net quarterly profit of $1.23 billion. Adjusting GAAP sales and product costs to eliminate the impact of subscription accounting, the corresponding non-GAAP measures* for the quarter are $9.74 billion of “Adjusted Sales” and $1.94 billion of “Adjusted Net Income.” That's around a 15% increase in revenue and 35% increase in profit. That difference will diminish only as the growth curve flattens, which doesn't seem to be happening yet and probably wont for some time.