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Derek Thompson

Derek Thompson - Derek Thompson is a senior editor at The Atlantic, where he oversees business coverage for the website.
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He is a visiting research fellow at the Committee for a Responsible Federal Budget at the New America Foundation. Derek has also written for Slate, BusinessWeek, and the Daily Beast. He has appeared as a guest on radio and television networks, including NPR, the BBC, CNBC, and MSNBC.

Apple's Record Quarter Silences the Doubters (...Me)

By Derek Thompson
Oct 19 2009, 6:43 PM ET Comment

Apple just announced perhaps its most impressive quarter ever. In the teeth of a recession that has hurt electronic sales across the board, Apple sold more Mac computers and iPhones than ever, driving up its stock 9 percent to an all-time high.

In the last few months, I've found a few reasons to rag on Apple. Its computers are too expensive for consumers who only need netbooks. The iPhone risks being overtaken by a suite of free products that allow cheap calling and streaming music. So much for all that. I'd say the moral here is: Don't bet against a company whose products you own and love. For FTC purposes, I'll stop right there.


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