Apple Reports Third Quarter Results

The truly amazing number from this Q3 results, is not that it has missed most analyst estimates (and that's what the tech press will focus on), but that it has generated $41.7bn of accumulated cash flow during the first 9 months. That's +54% jump from the previous year's 9 months accumulated cash flow ($27.1bn).

That is record breaking, whatever the benchmark.

Crossposting from the other thread, I thought this was the best part of the earnings call...

From Jacqui Cheng's liveblog of the call on ars:

Q: Can you talk about what your conversations are like with carriers in terms of pricing, subsidies, etc.?

Tim Cook: (laughing out loud)

I don't want to talk about specifics with carriers, but generally I'd say our role is to make the very best smartphone in the world that has an incredible user experience that's far superior than anything else, that customers want to use every day at the end of the day, carriers want to provide what customers want to buy the most important thing for Apple is to continue making the best products in the world. we are maniacally focused on it

Mountain Lion tomorrow eh?

As impressive as this is, it is below analyst consensus, and the stock is down 5% afterhours :-(