Apple profits fall for first time in a decade

[arista]

Well Done Samsung

[Apple profits fall for first time in a Decade
with shares down 40% as iPhone and iPad
sales slump in face of Samsung competition
Apple is no longer the world's most
valuable publicly traded company
The US tech giant saw its profits
for the period fall by 18 per cent
Its shares have hit their lowest
levels in a year-and-a-half
Apple faces competition from Samsung
which unveiled Galaxy S4 last month ]


Read more: http://www.dailymail.co.uk/news/article-2313400/Samsung-takes-bite-Apple-Profits-set-fall-time-DECADE-shares-40-iPhone-iPad-sales-slump.html#ixzz2RK8g0z3I

[Z]

:o First time in a decade!? That's impressive... wonder what they'll pull out the bag next to try and boost their profits?

[Brother Leon]

Even Tesco's profits are falling. It's just that sort of situation at the moment. Apple are still very much top dogs of their market and whatever they release next will be lapped up etc. Credit to Samsung though for one hell of a boost though. They were pretty irrelevant compared to Apple a few years ago.

[Sawyer]

People jumping on the 'apple is dying bandwagon' pisses me off. Far from it, actually.

People choose the leave out the fact, this was still a record quarter for Apple, posting it's highest March Quarter revenues ever. But due to smaller profit margins on iPad Mini and iPhone 5 due to the manufacturing difficulties, this affects Apple's bottom line.

If they charged more for the iPad Mini so that this wouldn't happen, people would still moan. It's just a case if damned if you do, damned it you don't.

[lostalex]

I just bought an ipad mini a few months ago and i LOVE it. I'm a big fan of what Apple's doing and making. I don't give a **** about the stock and all the investors tryna make a quick buck. **** the investors.

[Roy Mars III]

the evil empire is finally falling