Apple Hates Your Netbook

Wow. Someone woke up on the wrong side of the money pile Wednesday morning.

You'd think skipping past Wall Street's sales and earnings estimates, more than doubling the number of iPhones sold compared to the year-ago quarter, and sitting on $28.9 billion in the cash and securities would leave Apple's ( AAPL - news - people ) management team gayer than a corral full of purple unicorns.

Well, think differently, because Apple Chief Operating Officer Tim Cook and his colleagues were feeling about as warm and fuzzy as an Apache helicopter on a conference call with analysts Wednesday.

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