Ceptorman Posted January 29, 2015 Share Posted January 29, 2015 Apple reports a 4th quarter profit of 18 billion, and has 178 billion stock piled. That's enough to pay every person in the US $556. The majority of their profit came from iPhone sales. They should send me a new iPad! Quote Link to comment Share on other sites More sharing options...
Fjd Posted January 29, 2015 Share Posted January 29, 2015 I've been following it somewhat. It seems that the CEO Tim Cook told analysts during a conference call that for the three-month reporting period ended December 27, 2014, Apply sold about 34,000 iPhone per HOUR. http://nypost.com/2015/01/27/iphone-6-sales-boost-apple-profits-to-stratospheric-levels/ Quote Link to comment Share on other sites More sharing options...
Fjd Posted January 29, 2015 Share Posted January 29, 2015 During the analyst call, the CEO noted the following about Apple Pay: - Apple has signed on 750 banks and credit unions to support Apple Pay. - Whole Foods has seen a 400% increase in mobile payments since the release of Apple Pay. -Apple Pay accounts for 80% of mobile payments at Panera Bread Watch for Apple to push “Apple Pay” during 2015 as the “mobile payments industry” becomes more main stream. It would seem that Apple Pay could be a reason that eBay has decided to spin PayPal into a separate public company. Apple Pay is now competition in that fast-changing industry and a separate PayPal would be better equipped to compete, given the industry already includes Square, Google Wallet, Stripe, among others. Then you have the forthcoming Amazon credit-card reader…… Quote Link to comment Share on other sites More sharing options...
twk123 Posted January 29, 2015 Share Posted January 29, 2015 I wonder if it was from all the Dr. Dre Beats headphones lol 'How do your new headphones sound?' 'Who cares, they have BASS!' Quote Link to comment Share on other sites More sharing options...
Ceptorman Posted January 29, 2015 Author Share Posted January 29, 2015 ^^^Holy Heck^^^ Quote Link to comment Share on other sites More sharing options...
Ceptorman Posted January 29, 2015 Author Share Posted January 29, 2015 My favorite stat about Apple was this one: They have enough cash to purchase 488 of the S&P500 companies! Whaaat? Combined? Quote Link to comment Share on other sites More sharing options...
richieb Posted January 29, 2015 Share Posted January 29, 2015 Glad I got in when I did, though I wish it had been a bit sooner. Quote Link to comment Share on other sites More sharing options...
wvu80 Posted January 29, 2015 Share Posted January 29, 2015 (edited) I wonder where all those Apple Billion$ are? I know in years past they had 102 billion overseas they wouldn't bring in because of a 35% repatriation tax the US imposes when transferring profits into the US. http://www.forbes.com/sites/connieguglielmo/2013/05/21/apple-called-a-tax-dodger-by-senate-committee-apple-says-system-needs-to-be-dramatically-simplified/ Edited January 29, 2015 by wvu80 Quote Link to comment Share on other sites More sharing options...
Jeff Matthews Posted January 29, 2015 Share Posted January 29, 2015 It amazes me how much of a cult following the company has. Let's just say, "That's one dang big cult!" I do not understand what the phone rage is all about. What is it that people just have to have in constantly spending $500 for the latest phone? Quote Link to comment Share on other sites More sharing options...
Dr Morbius Posted January 30, 2015 Share Posted January 30, 2015 Just wish they paid their fair share of taxes like I do. Quote Link to comment Share on other sites More sharing options...
Schu Posted January 30, 2015 Share Posted January 30, 2015 I owned apple at 16$ many many years ago... I thought I was a genius when I sold it at 36$... Quote Link to comment Share on other sites More sharing options...
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