Apple reports record profits ($1 billion)

Apple (AAPL) reported record quarterly earnings Wednesday, including 21 million iPods sold — but investors weren't impressed.
Revenue of $7.1 billion was up 25% from a year ago and topped Wall Street expectations. IPod sales jumped 50%, while sales of Mac computers rose 28% from a year ago.

But the number of Macs sold — 1.6 million — was about the same as in the previous quarter, when back-to-school sales bolster volume. Investors responded by pushing the stock down $1.04 in after-hours trading to $93.91.

Apple reported $1 billion in net income in its first fiscal quarter ended Dec. 30, or $1.14 per share. Analysts polled by Thomson Financial expected earnings of 78 cents per share and revenue of $6.4 billion.

http://www.usatoday.com/money/companies/management/2007-01-17-apple_x.htm

A billion dollar profit and they're not impressed?? :eyes:

"What would I do? I'd shut it down and give the money back to the shareholders."

Since then Dell has come out with one crappy copy after another of Apple's innovations.

Bush sucking Assclown.

lol

love it onehandle

Dell has been pretty flat.


I bought Apple at $10 a share. I sold at $24. I sold all my stock when bush was selected. .

This is Apple in blue, Dell in red, and the Nasdaq in green. I say, Buy Blue!!!

unless the expectations were bad. The standard "buy on the rumor, sell on the news" always seems to apply.

for not buying a crapton of shares when they were at $14 a pop.

Now approaching $100. :banghead: :banghead: :banghead:

;) :hi:

My options would be worth around 5 mil if I hadn't left the company. Looks like I'll be working for a living for a while longer.

Er, none asked for - your bummer is way bigger than mine. :hug:

I'm sure being poor has helped me build character. Really. I keep saying that...

:banghead:

...when it was about $50. just a couple months ago, it was $70. that sounds cheap now!

They hit between 5.8 and 6.1 last October and expect as much as 10% market share within three years.

"U.S." market share" of about 6%
Apple's "worldwide market share" Is about 3%

http://www.eweek.com/article2/0,1895,2072141,00.asp
Apple will hold about 3 percent of the worldwide PC market in the fourth quarter of 2006, and that number could rise to 4 percent by the end of 2007, according to a Dec. 13 report by Gene Munster, an analyst at Minneapolis-based Piper Jaffray.

According to a recent report by IDC, Apple owned about 2.8 percent of the worldwide PC market in the third quarter of 2006. Reports by IDC and Garter of third-quarter PC sales showed Apple in the top five in U.S. sales but far behind market leaders HP and Dell both in the United States and worldwide.

:)

> amazing what you can do with less than 3% of the market is it not?

The analogy I always like to use is Porsche. Somehow,
even though Porsche is a decidely niche player in the
auto market, with a miniscule market share, they always
seem to make:

o Money

o And some of the most-desired cars on the planet.


And, just as with Apple, people who don't own Porsches and
have probably never driven them are always trash-talking
the company, the cars, and their owners.

Tesha

Like it's somehow contemptible to cater to a small market, to make a product that you can be proud of, that people admire, without it being the behemoth of the industry.

I suppose my local sandwich shop should be spurned because they aren't McDonald's.

I have repaired and driven a couple hundred of Porsches In my 30 years as a automotive mechanic.

It's obvious that you have never owned or driven a Porsche, If you had, you would know that Porsches, like the Mac computer are way over priced and hyped.

Do you know what we mechanics say about Porsches?

Porsches are nothing more than glorified Volkswagens.

:)

> It's obvious that you have never owned or driven a Porsche,
> If you had, you would know that Porsches, like the Mac
> computer are way over priced and hyped.

You're right; I've never owned a Porsche. But Mr. Tesha
is currently on his third, and he often leaves it for me
to drive...


> Porsches are nothing more than glorified Volkswagens.

Yeah, so? You say that like that's bad. By the
way, which Volkswagen engines have VarioCam(tm)
technology? And that Carrera GT, boy, anybody
would recognize that as the Volkswagen that it
is under the carbon-fibre bits and pieces:



You've pretty much just made my point; high-end things
are sneered at by people with low-end tastes (or, more
charitably, low-end budgets). But in fact, unlike
Porsches, Apple products are distinctly affordable,
particularly if you place *ANY VALUE AT ALL* on your
own time or you intend to *USE* the product rather
than just dink around with it.

Tesha

you must be joking, I've never known any one foolish enough to buy a second Porsche after owning one. Your mechanic must love It when Mr. Tesha pulls Into the shop, and you've pretty much just made my point, that there are those snobbish few who seem to think that appearance Is much more Important than value and reliability.

:)

> you've pretty much just made my point, that there are those
> snobbish few who seem to think that appearance Is much more
> Important than value and reliability.

I'll try to remember this the next time our Caravan croaks
(which, based on its reliability to date, is probably anytime
this month, and again the month after that, and again...).

I'll also try to remember this when I think back to my
Ford Taurus and how it ate *TWO* $2700 transmissions
in its relatively short lifetime. (By the way, the cost of
that transmission alone is precisely three times what
one of those "expensive" Porsches cost. And no, we
didn't give the Taurus a third transmission to chew on.)

Your opinion about Porsches seems to be colored by
something other than the reality of their reliability
and durability. Perhaps you need to look inside
yourself to figure out what it is.

Tesha

started on Caravan's :puke:

We have a "Raving Lunatic" In the Whitehouse, the whole world hates us, but yet you are having a cry because of my opinion on your snobbish Porsche analogy, It's just a car, and the Mac Is just another computer, nothing more.

I have to go now, I have to go R&R a transaxle In a Pontiac Sunbird.

Have a nice day

:)

much as I like driving a Porsche, a Mercedes is the one I would rather own. I used to drive a 911 S. It was fun to drive.

This "Mercedes" is 7 years old and running like a champ.

First, PCs get rolled over a lot faster than Macs do. IIRC a PC user replaces his machine twice as often as a Mac user does--largely because of Windows updates. For a long time I've recommended that the proper way to upgrade to the new version of Windows is to buy it in a new computer. That seems to work the best, and quite a few people do just that.

Second, corporations buy PCs far more than they buy Macs. If you've got a clerical staff of 500, you need 500 PCs. All 500 are going to be Windows boxes. Apple tends to sell its machines in lots of five or less.

And third, you don't often see Macs used in server farms. Go somewhere like an ISP...hundreds or thousands of PCs will be in racks keeping the company on line. Same deal with render farms and the like.

I liken it to the days when Ford still promoted the Taurus heavily as "America's Number One Car in Sales." Then you find out that most of the Tauruses that went out the door were fleet buys, and the most popular car among people who bought only one was the Accord.

I have this funny feeling that if you were able to filter out the "fleet buy" computers from the sales totals, Macs would be sitting at about a third of the total market.

EOM

EOM

Of course it's running in Parallels on my MacPro. Along with 6GB of RAM and over a terabyte of hard disk space. Ahhhhh.

I got my first Mac back in 1985 and have never looked back. And I've heard that they're "going out of business" about every 24 months.

I believe that what PC owners identify as a Mac owner's smugness is simply pleasant contentment.

you may see It as pleasant contentment, but I see most Apple users as snobs, and very arrogant, they really do believe that they are better than others.

Here Is an audio file of another Mac user/fanboy that LOVES his Macs, he has 5 of them, he also does not think much of people who choose to use Windows.

:)

And that the best way to work on a computer was via a CLI (command line interface). I had people tell me that the whole idea of icons and graphics were turning computers into toys. I was told that the Mac was nothing better than a toy. I was told that green text on a black screen simply made "more sense."

For decades (!) some PC users have never been satisfied to simply use their choice of computers and leave it at that. No, they attacked Apple Computer and in particular the Macintosh line. PC users badmouthed Apple and said that it deserved to die, that it didn't run the right software or certain games or other shortcomings. They howled in protest when Apple dropped the floppy drive. Everything that Apple did came under withering criticism. They dug a hole, carved a marker, claimed the Mac "dead" and waited for the corpse.

They're still waiting.

While I'm sure you have run across snobbish Apple users, I've had my share of PC users who thought the sun rose and set on their particular OS/CPU combo.

So maybe after all that abuse a few Mac "fanboys" feel it's time to enjoy themselves a little?

:)

Amiga beat the shit out of both of them so there. :-)

512 K bytes multi-tasking and I didn't even have a hard drive. First computer that I touched the then infant and text-based internet upon.

Actually I wish most of the Apple folks would recognize that this has very little to do with Macs.

Itunes, IPods, and coming soon, over-priced iPhones.

Amusing how the same people that would bemoan mass-consumerism worship at the feet of Jobs.

Of course the iPod has also made a boom of the Mac.

has played well. I have been tracking the evolution of Apple since jobs has taken over. He is not just a visionary, he is a very good tactician. I can't help but appreciate a game well played.
I knew that Apple was going UNIX even before Jobs returned. It was known he was coming back and the changes were beginning even before he signed on.

It wasn't just Jobs. Jonathan Ive deserves a lot of the credit. He is the genius behind Apple's design team. Ive and Jobs work closely together in designing hardware.

All the brilliant moves would be nothing without head turning hardware, and Ive has been able to make Jobs' vision real.

Crack open a case of a new Mac Pro. Compare Apple interior to a Dell or other machines on the market.


http://en.wikipedia.org/wiki/Jonathan_Ive