@krehbehn Everyone knows you can’t buy a popular Internet/Social company for $75B; instead I expect AAPL to buy a nice Pacific island.

So actual after-hours increase is only $6! RT @asymco: $AAPL is now +$17 after hours. Note that the cash/share increased by $11 to $81.2.

RT @asymco: US accounted for 38% of AAPL’s revenues and China for 13%. Wonder when those figures will swap. Sooner than we think, I suspect.

@rogerdodgerTM Yes, I was talking calendar quarters for the non-analyst audience.

I’m not sure I ever expected to say this: Apple will make more than $100 billion in revenue this year. It will likely exceed IBM’s revenue.

iPhone added 42 more carriers, 15 new countries. China was a big contributor to iPhone growth, plus Brazil, Mexico, and the Middle East.

Sorry, that was Tim Cook not Peter Cook. Peter Cook is an actor.

Peter Cook re iPad cannibalization of Mac sales: “There’s a lot more of the Windows PC market for iPad to cannibalize than Mac sales.”

Oppenheimer notes that there’s a future product transition coming in Q3.

Huh. Apple goes to 3-year revenue recognition for OS sales. iOS devices sold are also getting deferred revenue allocations for iCloud.