Wednesday, July 22, 2009

Apple is Recession Proof!

Well for the last quarter anyway.

Apple has just recorded its 'best non-holiday quarter (in terms of) revenue & earnings' in company history. Remember this was during what is said to be the worst recession since the Great Depression. Apple has netted a quarterly profit of $1.23 billion! The iPhone has had a 626% increase in sales from this quarter a year ago. These guys know how to sell. I'm hooked on the gear.

Source

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