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Wednesday, January 25, 2012

Apple's Sales send a message- conditions at suppliers do not matter

Record sales at Apple, while media reports abound on the brutal working conditions for factory labour at Apple's contract manufacturers. It is clear that the public wants to outsource pollution and labour conditions in exchange for "affordable" gadgets.

Apple announces record sales of iPhones and iPads | Technology | The Guardian: "Record sales of iPhones and iPads resulted in record profits at Apple in the final quarter of 2011, the first since the death of its co-founder, Steve Jobs.

Apple more than doubled its profits: to $13.06bn (£8.35bn), compared with $6bn for the same quarter in 2010. The result easily beat analysts' forecasts, taking pressure off the chief executive, Tim Cook, handpicked by Jobs as his successor. Last October Apple shares recorded their biggest single-day dollar drop after iPhone sales missed their forecast.

Cook said he was thrilled the company sold a record 37.04m iPhones in the final quarter of 2011, a 128% rise on a year ago. "We could have sold more if we'd had more supply," he said. The recently launched iPhone 4S proved to be the company's best seller in the quarter. "We could not be happier," said Cook.

In record sales across nearly all product categories, Apple sold a record 15.43m iPads over the quarter, more than double a year ago. It sold 5.2m Macs during the quarter, a 26% unit increase."

'via Blog this'

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