There’s no denying the results, on the surface, were impressive. Mac sales are clearly rumbling through, with one million Boot Camp downloads suggesting purchases by Windows users.
But the tax rate was considerably lower than expected, adding around 6 cents per share. Furthermore, unlike a year ago, the company clearly pointed out that this was a “preliminary” report that may be subject to “significant” adjustments following “a likely restatement” of historical results. The gross margin, while higher than expected, was lower than a quarter earlier.
The company danced around the issue of whether the strength in Mac sales was a result of “pent-up” demand.
The beat goes on…and (by way of disclosure) I should be getting my Macbook Pro on Monday.