July 2010
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Day July 21, 2010

Double dip, with sprinkles on top

Apple just had its best quarter ever with net income rising 78 percent to $3.51 per share. Revenue rose 61 percent, to $15.7 billion.

On average, Wall Street analysts had expected Apple to report net income of $3.12 a share on revenue of $14.75 billion.

If this is a double dip recession, then I’ll take triple dip with sprinkles on top.