Unbelievable But True
Scott Fitzgerald was wrong – there are second acts in American lives and Steve Jobs is the proof of it.
In Jobs’ Second Coming he has resurrected Apple’s market cap $350 billion.
The Apple cash pile is now $76 billion. In Q2 the cash pile grew $10 billion.
Calendar Q2 2011 was a $28 billion sales quarter for Apple with $7.3 billion of profit.
Jobs’ re-engineering of the PC – the iPad – delivered $6 billion of revenues in the quarter.
In the smartphone market, Apple now has 18% worldwide share having sold 20 million iPhones in Q2.
This is unbelievable stuff.
But it’s true.