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October 23, 2007

Apple beats the Street and Microsoft

Posted by David Hunter at 1:02 PM ET.

Apple announced stellar quarterly results yesterday that exceeded Wall Street estimates and were rewarded by the market with a price jump that lead to a market cap that now exceeds that of IBM. However, a key point is that Apple’s gains are squarely in areas of Microsoft strength or Microsoft aspirations. From the earnings press release:

(more…)


 
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Filed under Apple, Argo, Coopetition, Microsoft, OS - Client, Windows Mobile, Windows Vista, Zune

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