Even though the numbers were still incredible, they came in under Wall Street expectations in terms of revenues and the iPhone number (which can be partly attributed to the highly anticipated release of the next revision slated for some time in September or October). Analysts were expecting around 29 million units of iPhones (Apple sold 26 million).
iPad sells however remains brisk as they sold a record 17 million during this quarter.
Apple also released OS X 10.8 Mountain Lion for $19.99 on the Mac App Store (which is what I had been working on the past few months). There are some design decisions I agree with and others that I don’t (I doubt I’ll waste time expanding on that as I did with 10.7). My Mac Pro will remain at Snow Leopard (10.6.8) while I do plan on running 10.8 on my Air (mainly since 10.8 works better than 10.7 – lesser of two evils).
The Board of Directors also declared the cash dividend of $2.65 per share which will be payable on August 16, 2012 for all shareholders of record as of the close of business on August 13. If I had all the shares I used to have before, the dividend income from that for each quarter would be around $90k. Fuuuuuuuuuu……