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The apple company Cash Pile Hits make Alright.
It's Tuesday it would 28 markets in New York are opening today 194 billion dollars so. That is the money that apple is sitting on after another blow out quarter. The world's most viable company has nearly doubled how much cash and investments that its second place rival Microsoft has. Support a quarter apple topped Wall Street's revenue states with a fortune of 33%. More. From yr after globe when I'm down Cutler in new good friday deals York and just as you'd expect apple shares opened higher today on Wall Street near in fact an all-Point in precious effort high. So here with an increase of on the big numbers Apple's got in store or is he the Ngo or Yahoo! Fund in the Keiko I mean undoubtedly. Amazing numbers there the content the big drive at 33% profit increase. Yang credible numbers and then yell the numbers what's driving the numbers all is here the black friday discounts iphone's. The the apple mackintosh says they sold 61. In million of these units in the last quarter and above all for organization. You know they're for the reason that these new units are luring android users away black friday electronics sale 2015 from there and break phones. A lot of them are shifting to the iphones now you look at those numbers and see what's driving all of this well a lot of met those sales driven. Exterior to China. With regard to in the quarter. They're more iphones sold in China and than these in the US there were a 71%. Jump in the quarters you can possibly imagine. This is huge news for apple considering need some of these other tech companies haven't done is while in China so that's that the big story here did. Just that iPhone sales and also that sales in China surpassed those in the US the very first time that. I think he might say they ever Wednesday China as an emerging market I think China has argue vault and has been applied as the market now that allies companies trying to focus their. You can actually time on. What do I watch as wll as did did sales it was that did which come in up in time to be counted in this quarter. Yet Tim cook's been pretty guarded about the numbers from apple wants within her learn the when he did say is that initial demand is exceeding supply Apple's probably always will be and expect to black friday walmart see that kind of numbers. With the apple wants that you have seen. On i phones's. And they said you are sure that this is a product that has lower income we don't expect to see. This seals from apple watches taped to create a huge dent an apple earnings for a long time so don't expect to hear about those figures from the company for a while. OK so we knew it got the iPhone got the I watchers isn't apple watch and not the I watch. But I think the company that's right I yet I know this tonight of their very wary of the semantics about this but what about laptops has been about iPad sells hot of those who the company. Yeah I think tells events with a rare weak area for apple it within last quarter as sales dropped 23%. It depends on how you look at a lot of those unfortunate people say that people are instead of going for these tablets they're going four for the bigger iphones it also. The these lighter laptops that math apple arrives way it. And also that Dan Haren if you have an iPad but I know that it would yet had excessive passion will just upgrade solitary year and so. They did expect sales to to slump a bit but then he 3% drop withduring the last quarter. Yet it is one of those products against an enemy deals where disease lot of people are trying to get technology investments and acumen on there. So let's switch up the lady do each with the I thought straight away you're right aegs exactly so. Without with cash on hand that a short list of they doing then that Scott Wall Street's noticed. Benefits buy back programs what's taking effect. Yet imaginable investors have been buying that for a time they'll look at that cash pile they want more bigger dividends in and buy backs at the end of march apples hashed. Topped a hundred name me three billion that's more than any other non financial companies on the S 500 slipped and endless choice. And up more cash and funding then Google. To 'microsoft'. Alongside. Pretty the very best all right Dan yuck. Anyways we talk about how grapples his regarding the gas they have. You know and that's the thing it's like regardless of how fancy use the products like the products tonight you can't argue with success and have the numbers to back that.
He absolutely actually absolutely love over Yahoo! Might affect the vast majority of day. And a wide variety Dan that. This records has been promptly generated and may not be 100% accurate.
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