About Erin Mclan

Tuesday morning brought good or bad news depending on which side of the Mac vs. PC debate you fall on. Apple announced its net profits for Q1, which began in October, were $13.06 billion. Yes, that's billion with a “b,” as in “But how could any company make that much money?” The answer to that question is found in a few different places. First of all, the company sold $37.04 million iPhones in the quarter. This accounts for a huge part of the company's record-shattering profits and flies in the face of many tech analysts who predicted the 4S did not possess enough of a “wow factor” to attract more customers. These predictions were undone in large part by Sprint's new complicity … [Read more...]