from The Wall Street Journal
Apple's profit rose 15% on strong sales of its iPhone and iPod devices, even as the company reported a slight drop in Macintosh computer sales.
Apple's profit rose 15% on strong sales of its iPhone and iPod devices, even as the company reported a slight drop in Macintosh computer sales.
EBay's net income fell 22% amid a slump in online sales. Gross merchandise volume, or the total value of goods sold on its Web sites, fell 16%.
http://wsj.com/technology#mod=djemalertTECH
FD: I can't say that this surprises me much.
All my students and grand children and children own Apple ipods.
One of my economics students calculated that Apple's gross profit before operating and sales costs on JUST the 3G iPhone line in 2008 was
$3,560,000,000 not a big number, but I still impressed with $3.56 Billion.
EBay?? Have you tried to mail a package at your local post office for Ebay... all the bomb scares and postage rate increases. You have to present the package face to face with your postal clerk to mail it and then pay twice as much to sent it. Where is the profit in that?
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