[mpakes]

To me, the biggest news here is the 1QFY12 guidance of $37 billion. Guidance of 30% above their best recorded quarter ever. Wow.

[jcdavis]

Yes, a monster guidance. And remember this is Apple's estimate, which is has always been a lowball recently (even for this quarter, which was a little disappointing). $40B is definitely possible.

Certainly the iPhone sales this quarter weren't that great, but given the circumstances (most people knew the 4s/5 was coming), as well the 4s sold 4 million units on its opening weekend (almost 1/4th of all of last quarter's sales), I don't think it was that bad at all.

Obvious disclaimer: long AAPL, may buy more tomorrow

[kprobst]

Lowballing quarterly earnings seems to have been a Jobs thing. With Cook on the saddle I'm guessing this will be the pattern going forward.

[ChuckMcM]

Pretty hard to comprehend. Not only are the results stellar by pretty much any measure but they make Google's quarter look sluggish which is saying something.

Very impressive.

[acak]

You're right. I just didn't include the guidance in the story title so it wouldn't sound like an ad for going long on the stock.

[chugger]

Yeah $37 billion guidance. guidance for the previous quarter was only $25 billion. holy crap.

[Steko]

iPads and Pods are always huge in holiday quarter plus the 4S rollout.