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'Disappointing' iPhone 4S leads most profitable qu

zacharye (2330148) writes | more than 2 years ago

Iphone 1

zacharye (2330148) writes "“Disappointing” though it may have been to some, the iPhone 4S propelled what is now confirmed to have been the most profitable quarter any technology company has ever recorded. Apple on Wednesday reported record earnings for the December quarter, revealing a profit of $13.06 billion on revenue that surpassed $46 billion. Among technology companies, Apple’s fiscal first quarter represents the most profitable quarter ever recorded. Only one U.S. company has ever posted a more profitable quarter — Exxon managed a profit of $14.8 billion in the third quarter of 2008 — and the driving force behind Apple’s record-setting performance was quite clearly the iPhone..."
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Something Familiar Here... (1)

ackthpt (218170) | more than 2 years ago | (#38813437)

When Microsoft rolls out a new version of Windows, everyone is expected to jump on it and pay the "Microsoft Tax" which has made Microsoft such a wealthy company.

Seems like each iteration of the iPhone is generating something of an "Apple Tax"

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