Bloom's Day

Completely random thoughts about a wide array of subjects

“This jump in quarterly sales – just the gain – is more than one-and-a-half times the revenue Facebook is expected to record for all of last year. Were Apple a nation, its gross domestic product would rank about 45th in the world – well ahead of Pakistan and New Zealand. It is almost enough to make you think Apple should have a seat in the UN.”

—   

Michael Moritz of the Financial Times, in a column the Journal’s Kara Swisher spotted on Sequoia Capital’s website, providing just about the only decent perspective on the tremendous Apple earnings announcement that still somehow sent its stock price toppling downward.

Yeah, I’ve been scratching my head too. 

Here’s the link to the whole piece: http://sequoiacapital.tumblr.com/post/41794001551/perspective-on-apple-amid-the-clamour

  • 29 January 2013