Apple Earnings

Wow.

I’m really glad I doubled my position recently. :slight_smile: Edit: So I just dug into the numbers a bit. It’s almost unbelievable. A quick calculation looking at google finance, they have $96 billion in cash and about 932 million shares o/s. That’s about $105 a share in CASH. For a company that is growing profit and revenue as such a rate, it still trades at very reasonable earnings multiples, especially once you strip out the cash. Kinda disappointed I didn’t buy even more, haha.

Outstanding any way you dice it. Still have to wonder what kind of Steve Jobs death bump they got though. And, what are they going to do with all that cash?

Very impressive. Anyone know how much of that cash is trapped overseas?

Last number I read was about 35 billion overseas. Updated: now 64 billion.

Looks like Uncle Steve was holding the company back!