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Semiconductor
Apple’s Dramatic Risks and Ambitions
Posted on Thursday, Apr 24th 2008
News from Apple is often big news. Apple released its second quarter results yesterday. Revenue was $7.51 billion, down 22% q-o-q and up 42% y-o-y driven by strong demand for Macs and the ever-popular iPhone. Net income was $1.05 billion, or $1.16 per diluted share, up 36% y-o-y. International sales, which were 44% of the revenue, grew 47% and US sales grew 40%. >>>
