Posted on 04/20/2010 5:22:36 PM PDT by Swordmaker
Apple today announced financial results for its fiscal 2010 second quarter ended March 27, 2010. The Company posted revenue of $13.50 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share. These results compare to revenue of $9.08 billion and net quarterly profit of $1.62 billion, or $1.79 per diluted share, in the year-ago quarter. Gross margin was 41.7 percent, up from 39.9 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter's revenue.
Apple sold 2.94 million Macintosh computers during the quarter, representing a 33 percent unit increase over the year-ago quarter. The Company sold 8.75 million iPhones in the quarter, representing 131 percent unit growth over the year-ago quarter. Apple sold 10.89 million iPods during the quarter, representing a one percent unit decline from the year-ago quarter.
"We're thrilled to report our best non-holiday quarter ever, with revenues up 49 percent and profits up 90 percent," said Steve Jobs, Apple's CEO, in the press release. "We've launched our revolutionary new iPad and users are loving it, and we have several more extraordinary products in the pipeline for this year."
"Looking ahead to the third fiscal quarter of 2010, we expect revenue in the range of about $13.0 billion to $13.4 billion and we expect diluted earnings per share in the range of about $2.28 to $2.39," said Peter Oppenheimer, Apple's CFO.
Apple will provide live streaming of its Q2 2010 financial results conference call beginning at 2:00 p.m. PDT on April 20, 2010 at www.apple.com/quicktime/qtv/earningsq210/.
MacDailyNews will provide live notes of Apple's Q2 2010 conference call.
MacDailyNews Note: Just prior to Apple's earnings release, analysts' consensus estimates called for Apple to report $2.45 EPS on $12.04 billion in revenue. Trading in Apple shares was halted just prior to the earnings release and are scheduled to resume trading at 4:50 pm EDT.
It’s always amusing on these threads when the clueless insist their opinions are facts, isn’t it?
Apple products rarely deserve insult. Informed criticism maybe, not not insult (my problem is that most of the criticism I see is NOT informed). The latest one I can think of is very recent, blowing one of the basics of being a DHCP client.
The difference between that and Microsoft is that it is a technical error, not a fundamental error of concept, design or production.
I understand the urge to pile on the market leader but I don’t understand the decision.
Deserved derision based on ill-concieved and ill-executed products regardless of market status. I'll give another example, the absolutely horrid original system software of the XBox 360 matched the poor hardware (kudos for making it much better now, though the solution was a copy of the Sony XMB, just in a different orientation).
The (MS) have and will continue to have the vast majority of the desktop software market for OS and productivity tools.
Don't underestimate the power of market entrenchment, helped by Microsoft's practice of vendor lock-in. Don't forget Microsoft also has a special pot of money that account execs can dip into to cut the price in case a large client is thinking of going to a cheaper alternative.
This is a convicted monopolist we're talking about here, convicted of leveraging its marketshare for anti-competitive practices, so the term "free market competition" isn't really as good a measure of the quality or suitability of the products as it otherwise would be.
If the value is truly there then an alternative shouldn’t have to resort to calling people criminals and insulting the intelligence of potential customers to get them to switch.
If I remember the original "criminal" thread, I was in on it. I agree that anyone operating in a Windows environment must be used to operating among criminals far more than someone in a Mac environment. It's a basic fact -- there are far more criminal coders in the Windows world. It's a wild west compared to the Mac, and especially compared to the highly-controlled iTunes app store.
I am a Windows coder, so I can safely say this about the Windows coding world.
As far as talking to people about switching, it's hard to see someone hitting himself in the head with a hammer constantly without reminding him that there is an alternative that won't hurt quite so much.
I haven't seen a neutral TCO report showing Apple more expensive than Microsoft. I did see TCO reports with supported Linux and Microsoft swapping for the lowest TCO in the server arena depending on situation and services.
He made the right decisions at the right time while developing/leveraging the right relationships.
Bill Gates is irrelevant. If IBM had gone with CP/M the result would have been the same. IBM was responsible for making the PC platform ubiqiutous, while Compaq was responsible for creating the business model of multiple competing vendors for the PC. That was a business model that IBM tried to stop (and successfully did a couple times before Compaq). The PC was supposed to be single-vendor just like the Mac.
It is that business model that at the time drowned Apple, not the suitability of the products. That is why Microsoft is the behemoth, initially riding the coattails of IBM/Compaq, then leveraging that into an anti-competitive monopoly, strong-arming OEMs and even IBM itself.
‘Apple products rarely deserve insult. “
itunes?
quicktime?
What is there to insult in iTunes? I have criticism, but nothing deserves insult. Quicktime? Are you talking about the old Quicktime that was generally pretty good for its day and Apple has since deprecated, or the new kick-ass Quicktime that uses the latest high-speed codecs, is GPU accelerated and even allows the OS to do movie screenshots right out of the box?
“The iPad will completely REPLACE the laptop computer and even most desktop computers. Many people will own several iPads, that’s why I’m forecasting such a high number of iPads to be sold.”
So you’ve drunk the Apple Koolade. I don’t see how. I bought the Ipad on the 1st day. It’s my first I-anything Apple product. There’s no way it replaces a computer. I had hoped it would replace my personal laptop but honestly in many ways it just sucks. Don’t get me wrong it does some things right but the negatives are huge. I won’t be keeping it long term once the new Android or Windows tablets come out. Then mine will be on eBay so please keep the hype up so that when I go to sell mine I get a good price.
By the way the top 5 big negatives:
1 - No Flash support - sorry but a large chunk of the web uses Flash so deal with it.
2 - Lousy streaming media support on the web. I am a political junky and most of the sites I go to (Glenn Beck, Rush, Fox News, any radio stations steam) either use flash, Windows Media, or Real Media. None of these work so this whole Ipad is a liberal plot to take away my conservative access.
3 - You still need a computer to make it work & Itunes is one of the quirkiest tools I’ve ever seen.
4 - no multitasking. So you can’s have twitter running in the background monitoring th #TCOT feeds, you can’t have I Heart radio running in the background to listen to your favorite conservative host, and more and more. It really sucks to only have one thing open at a time. (note supposedly they’re gonna fiz this)
5 Lousy note taking. I’ve now tried every app, free and paid on the d*mn thing to take notes, which is one of the primary things I used my tablet pc for. All the apps suck and not being able to use a stylus to take notes is even worse. I really wanted to take this to meetings and capture my notes.
Talking about the iTunes that kills my PC. Oh and the restrictions it puts on the music is a killer. Quicktime isn’t much better.
different stuff for different folks.
I saw a satire article the other day about Microsoft kicking iTunes off Windows because Apple didn’t use native Windows coding. Obviously making fun of Apple’s decisions about what coding could be used on the iPhone. I found this hilarious because iTunes on Windows is routinely vilified for being a bad piece of software, likely much improved if Apple had done these things. And it would seem something Apple should do since it is the Apple software most people are familiar with.
BTW, you have to really know Apple to give good insults. Most people do it out of ignorance.
Motorola ROKR. Crappy execution, just a regular phone with poor iTunes implementation, way to little storage and purposely crippled so it wouldn’t compete with iPods.
Apple Cyber Dog in 1996, and email/net suite. Generally good idea at the time, but the implementation was horrendous.
Original hockey puck mouse of the iMac. Just bad, round, no orientation, not ergonomic.
The Newton. Yes, it was a good piece of equipment and it founded the PDA market. But it was plagued with vision problems, scope creep and the state of hardware not yet being at a point where it was possible to do the ambitious vision right.
Actually the Newton’s lessons are in the iPad. Jobs has been wanting to release a tablet for years. This ongoing project produced the iPhone and iPod Touch, but still no tablet until years later, when it could finally be done right.
I bought both my kids iPods and wrestled with iTunes for a year. The menu on the iPod was great but iTunes left a lot to be desired. Other mp3 players are just as good if not better and a heck of a lot cheaper.
The application functionality is ok but the restrictions they put on the music were difficult.
The iPhone, iPod Touch and iPad are increasing the uptake of HTML5. Not quick enough, but quicker than would have otherwise happened, Flash will be replaced.
They aren’t supposedly fixing multitasking, they are fixing it. The update for the iPad will be available in the fall.
How does it kill your PC? The restrictions? There at the insistence of the music labels. You wouldn't be downloading music legally at all if not for that. You need to thank Jobs for getting the labels to go along with it, especially with such permissive DRM. Then after iTunes got huge marketshare, you can thank Jobs for pressuring the music labels to allow songs to be sold without DRM.
different stuff for different folks.
"Different stuff" does not deserve insults. Poorly visioned, designed and executed products do.
Now if you want to talk about Apple's legal department, I can insult them all day long.
What restrictions? Other than not playing FLAC and other lossless files I’m not sure what problems there are. I guess not supporting WAV is a big, but on Windows they will convert it for you.
“”Different stuff” does not deserve insults. Poorly visioned, designed and executed products do. “
No different does not deserve insults. The insults go both ways just as the poorly visioned, designed and executed products.
Both companies have good products and both have bad products. Except for actual employees MS users generally consider it a tool. A large majority of apple users seem to consider their products nirvana.
Let's go back a few years and restate that comment. The new Macs, no floppy, SCSI or ADB. Sorry, but a large chunk of the products out there use these, so deal with it.
Apple decided not to deal with it, but instead ditch outdated de-facto standards and move foward. The world is a better place for it, even for PCs since Apple going USB caused an explosion in the USB peripheral market. Remember how back then most USB peripherals could be bought in iMac colors even though iMacs were a tiny percentage of the market? And they still sell PCs with legacy connectors that almost nobody uses anymore.
There is something better and not proprietary out there, and it's called HTML 5 with H.264 video. Apple has decided to go with that.
Getting music that you purchased out of iTunes is a pain. I don’t care why its there and anyone in bed with the music industry is suspect.
I just know I can buy other products and not have those restrictions.
Yeah when I buy digital downloads it is from Amazon because I prefer mp3s even if AAC is slightly higher quality.
Name one poster on this thread who has done this; give examples.
[long pause]
As I said: techno-bigot. Lumps all Apple fans with the few that "post[] irrelevant, derogatory, defamatory comments to windows threads", then takes out revenge on such behavior on anyone he deems one of "them" (i.e.: all Apple fans, regardless of posting behavior).
Fine; buy other products and leave us alone. iTunes is designed for use within the Apple ecosystem; if you don’t like that system, don’t use it.
‘Fine; buy other products and leave us alone”
Fine go in your corner and leave everyone else alone.
“iTunes is designed for use within the Apple ecosystem; “
Then why do they make a version for the MS OS? hmmmmmmm?
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