A week and a half ago, after Apple announced their blowout earnings for the holiday quarter, I wondered if the third and final pillar of Microsoft's financial strength over Apple was about to fall: profit. In 2010, Apple surpassed their longtime rival in market cap and revenue, but profit has remained elusive (mostly because Microsoft mainly sells high-margin software while Apple mainly sells relatively lower margin hardware). Well it's still elusive ? for at least one more quarter. As I suspected, Microsoft was barely able to eek out a profit win over Apple. For the quarter, Microsoft earned $6.63 billion in profit compared to Apple's $6 billion. Assuming the trends hold, Apple should indeed take the profit crown next quarter.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/BciI3kmH11g/
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