Tuesday, April 24, 2012

Apple Dominated Q2 Revenues




"Apple has once again beaten analysts’ expectations with its Q2 results out today, and correspondingly the iPhone giant now has an even stronger cash position than it did before: $110 billion in the six months ended March 31, 2012 versus $81.5 billion in the six months ended September 24, 2011. In cash and cash equivalents the company now has over $10.1 billion; short-term marketable securities are at $18.4 billion; long-term marketable securities are at $81.6 billion. This is a rise in every segment compared to six months ago." - tech crunch - DyMNation

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