Silicon Fever Dream: Apple’s Cash Avalanche, Intel’s Resurrection, and the Tech Stock Mania
Apple’s Cash Avalanche: A Love Letter to Capitalism Apple has done it again. The Cupertino cash-printing machine reported a record-smashing $124.3 billion in revenue for its October–December quarter, proving once more that there’s no limit to how many shiny, overpriced rectangles the world is willing to buy. While iPhone sales took a microscopic 1% dip, the Mac (+16%), iPad (+15%), and services (+14%) divisions stepped up to fill the…