Dear Friends,

I got to miss the week of below 0 temperatures here in Vermont with a short break in Jamaica. It was great to have the down time and even better that I picked the right week to be in the sun by the sea. Quite the change to this week where it has been in the 50’s and rainy for the past few days.

I am not going into as much detail on Apple’s quarterly financials this time since I am a week late but I was pretty shocked that their common stock got clobbered so badly when the company posted a record revenue of $54.5 billion and profits in the three months of $13.1 billion. Those are fantastic results, especially considering that iMacs and iPad minis were in short supply. Apple sold nearly 50 million iPhones and a total of 75 million iOS devices! There are a whole bunch of companies that would gladly trade places for those numbers!

Apple also introduced a 128GB version of the iPad with Retina Display this week. The 64GB iPad was the largest capacity available and for only $100 more, you can now double that storage. With more and more people using iPads for video and media storage, there is a real place for this higher capacity model. I remain extraordinarily bullish on Apple as they also announced that their spending on R & D will hit $10 billion.

Rebecca and I are having a ball with our call-in show on WDEV radio each week at 1 PM eastern. If you have a Mac question, or a question about your iPhone, iPad or dog, give us a call (or just call to say hello!). We are on the air every Thursday from 1-2 PM. Call in toll-free at 877-291-TALK (8255).