Apple reported sales of $55 billion for its fourth-quarter, and a profit of $13 billion.
That’s THIRTEEN BILLION. $13,078,000,000, to be more precise. It’s the second-highest quarterly profit in U.S. history.
As Tim Cook pointed out on Apple’s conference call, the company sold 10 iOS devices…
Wall Street logic, everybody
This is what happens when people aren’t told that “making less money than you thought you would” isn’t the same as losing money.
I swear, I have no idea what we’d replace it with but our high finance/stock market system is so sick it needs to be torn down, the rubble burned, and then the ashes cast into a river and the river thrown into space.
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Part of the problem could be that people don’t realize in the mainstream what a public company is doing when it goes...
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THANK YOU!!!!!! I felt...was taking crazy pills yesterday!
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