“One of the members of Investor Village’s AAPL Sanity board — let’s call him David — sent me a link to the data in the attached chart,” Philip Elmer-DeWitt reports for Fortune. [Apple has had 5 of the 10 biggest corporate quarters ever recorded.]
“‘I’ll leave it to the analysts to explain why Apple’s stock went down 8% today,” David wrote on Tuesday, the day after Apple (AAPL) turned in the fourth highest quarterly earnings ever reported,” P.E.D. reports. “It was Apple’s fifth $10-billion-plus quarter in three years. Only oil and gas companies make that kind of money, and they haven’t seen $10 billion quarter since 2011.”
See the chart in the full article here.
[Thanks to MacDailyNews Reader “David E.” for the heads up.]