Detailed text transcripts for TV channel - CNN - 20110119:09:06:00
Reported stellar off-the-charts monster earnings in the fourth quarter of last year. let's begin with some of the numbers look like. it was the best quarterly sales number ever. it was literally a blow-out first quarter. more than $26.5 billion in revenues. record quarterly profit of $6 billion. that it was $1 above expectations, which is crazy. profit rose an astounding 79% compared to a year ago at the same time. obviously this is coming from people buying iphones, ipads, ipods, mac computers. 16 million iphones were sold in the fourth quarter and more than 7 million ipads. clearly it is a w...