Bad day for Apple’s competitors
Google’s net income drops from $2.73 billion a year ago to $2.18 billion this quarter.
Microsoft’s net earnings, meanwhile dropped 22 percent, although it has sold out of the low-end Surface, whatever that counts for, which is hard to tell until they announce real numbers. Some of this is, of course, due to the lead up to Windows 8. The real test will be what happens this quarter.
Also not a good day for Microsoft subsidiary partner Nokia, which sold just 2.9 million Lumia devices.
Apple’s numbers come out next week and could be considered weak since there were only a few days of iPhone 5 sales in the quarter, but I doubt their numbers will be down.
Still, despite all this news, the real question is, of course, how long it will be until the Apple board asks for Tim Cook’s resignation.