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

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.

This article available online at:

http://www.theatlantic.com/business/archive/2009/10/apples-record-quarter-silences-the-doubters-me/28650/