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Apple Earnings Wow

| January 18, 2011
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Amid the gloom of announcing Steve Jobs’ latest medical leave of absence, Apple said today that it earned $6.43 per share on revenue of $26.7 billion. That’s a 71 percent jump in profit over last year.

The company beat Wall Street expectations by more than $1.00 per share in earnings and two billion in revenue. Both the Wall Street Journal and Wired used the word “crush” to describe the company’s performance this quarter.

The Journal also live-blogged the company’s earnings call today.

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Category: Economy, Tech

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