Apple Earnings Report: Goes Big but still Misses

Apple has announced their long awaited quarterly earnings report for Q1 of 2013. Their profit and revenue are a record holding $13.1B and 54.5B, respectively. This is a lot higher than the last quarters’ numbers which were a mere $8.2B profit and $36B in revenue. Though profit is miles ahead of previous quarters, it could … [Read more…]