The Shrine

Q2 revenue is also up 59% to 39.2 billion USD, demolishing the projected revenue of 32.5 billion. Profits at 11.6 billion - in comparison, the entire revenue of Google was only 10.6 billion, or a billion dollars below Apple's total profit.

Right now Apple stock, despite having a market cap distantly in first place, is actually sickeningly undervalued.

Wait.... but I heard apple was doing terribly. I just don't know what to believe anymore.

And the stock jumps $50 bucks, back over $600 after that news.

I wonder if Apple will end up returning the favor by bailing out Microsoft if they keep going relatively downhill in comparison. I guess Microsoft still has a ways to go to hit that low, though.

Microsoft makes so much money off of business, they dont need our personal computing business, to be honest.

What sickens me:

At least Exxon is a company that makes its money purely on volume, with relatively low profit margins. They provide the fuel that runs the economy.

Apple sells fucking shiny things. That's it.

Capitalism has failed.

Well, to be fair they also sell media in digital form. I haven't bought commercial music anywhere but iTunes in something like six years. They deserve success but Jesus Christ give it a rest, children of the United States, you don't need a fucking state of the art macbook to surf Facebook 3 hours a day.

There's a lot more of a cultural and technological revolitionizing effect that Smartphones have brought to society than just Facebook anywhere; although that's a part of it. If it's not obvious by now, iPhone is at the forefront of that industry. Facebook has become an incredibly useful communication tool, and it's ubiquitous.

I think iTunes U is worth mentioning as another example (used by something like 300 million people) which as of last year has dozens of Yale courses available now too, is an important part of that too. Essentially, you have free material from Libraries, Museums, and tens of thousands of lecture series (typically 24-36 lectures, 45-90 minutes each per course) available in video and audio format, from over 800 Universities. All material is free - this is my favourite app, I listen to lectures now much more than I do music; anytime, anyplace.

Before we had books. Then we had TV and phones. In the 80's we got personal computers, in the 90's we got the Internet, and in the... 00's(?) we got Smartphones which allow us to take essentially everything mentioned above everywhere. Obviously PCs still have their place considering their bigger and capable of much greater power consumption, but Smartphones (especially with Cloud services) have become an important extension of that; and can also do most things that most people want to do (in terms of communication, reading, media, and other applications) on their own.

Percentages are lies. Taking a 94% increase of 1 is still only 1.94.

Also, I haven't bought commericial music from anywhere except MP3Spark and LegalSounds, so neyh!