1
General Discussion / Re: 39% of Apple's profit from iPhone? - Steven Wevodau
« on: October 24, 2008, 03:18:06 PM »
How long can Apple keep this streak up? During yesterday's conference call, Apple revealed that iPhone was responsible for 39% of the company's revenues in Q4 2008. Due to Apple's decision to report iPhone earnings as subscription revenue over 24 months, however, these numbers are not reflected in the $1.14 billion net profit and $7.9 billion in revenue reported yesterday. If they had been included, this would represent an additional $3.8 billion in revenue and an additional $1.3 billion in net income. http://steven-wevodau.com