EXECUTIVE SUMMARY

摘要

In a closely watched earnings season, Apple could hardly have delivered better news to investors eager for evidence of real consumer demand to justify the recent bull market. The company topped forecasts with a 47% profit leap and 12% revenue growth in the quarter ended Sept. 30, thanks to record sales of both Macs and iPhones. Better yet, COO Tim Cook says the company could have sold far more had it had more inventory in place. That sent Apple shares to an all-time high of 205 onrnOct. 21 and left analysts scrambling to lift their target prices to as much as 280. And Apple was hardly alone in the good-tidings department.