Posted on 01/18/2006 6:12:19 PM PST by Panerai
Apple Computer reported a 95 percent rise in quarterly profits on exploding sales of its iPod music players, and notched more than one billion dollars in sales through its retail stores. ADVERTISEMENT
Apple s stock, though, fell in after-hours trading because Apple offered a forecast that fell short of Wall Street estimates.
Apple reported net income of 565 million dollars, or 65 cents a share, for the first fiscal quarter to December 31, up from 295 million a year earlier. The report beat analyst forecasts of a profit of 55 cents per share.
Sales rose 64 percent to 5.75 billion dollars. Chief executive Steve Jobs disclosed Apple's quarterly revenue result January 10 at the Macworld conference in San Francisco.
Consumers snapped up 14 million iPod devices during the holiday quarter, and Apple has now sold more than 40 million since late 2001. The groundbreaking product has transformed Apple from a niche PC maker into the leading purveyor of digital media.
Apple also sold 1.25 million Macintosh computers during the quarter, a figure that was up 20 percent from the year-earlier figure. Apple is in the process of transitioning its Mac line to Intel rocessors, and it expects to have all of its PCs running on Intel chips by the end of this year.
"We are thrilled to report the best quarter in Apple's history," said Jobs.
(Excerpt) Read more at news.yahoo.com ...
Fad or not, ipods are here to stay.
As an ex-Microsoft Borg, I say Kudos to Apple. But I'm not giving up my PC until Macs are cheaper.
I just bought the iPod Shuffle. Neat little player, great sound and about the size of a pack of gum.
"Fad or not, ipods are here to stay."
NOT!
Cellphones will quickly become a "do everything" device. Hell, my cellphone which is going on 2 year old technology does everything an ipod does, full pda, gps, internet browser, etc, and watch TV if I paid for the service.
Ipods are just a fad.
BTW, the Treo 650 is one AWESOME phone.
I'm a BIG fan ... but the earnings came in under expectations. Stock way down in the after market. :(
Ipods will evolve... they are not a fad..
C
I think that the Apple name - even if it isn't the best technology - and a number of other factors mean the iPod is here to stay.
I just bought an iPod video last week (having already had a Shuffle and a 2Gen model) and, I've just got to say, I love the thing.
The biggest things Apple has going for it are:
1) iTunes.
2) Name recognition.
I bought my first iPod because, having used iTunes to buy stuff, it was the easiest way to export it to an MP3 player.
My iPod video also serves as a sort of PVR (I bought their damned proprietary video cable), it's just great.
Apple is working on iPhone. Stay tuned...
I have heard rumors
Google is going to team
with Apple and make
some kind of add-on
to the iPod that cheaply
will turn the iPod
into a whiz-bang
do-everything web browser
and everything else . . .
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iPod |
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I bought the Creative Zen Sleek, 20GB for the same price as the iPod Nano.
Works great, and I didn't give commie Jobs a red cent. Love it.
LOL, that's why a market economy is so wonderful.
Posting from a 650 right now.
I can tell you I turned off my Reuters machine 2 hours after the closing bell. Apple was trading in the 77 to 78 range. From Investor's Business Daily (which I also used to work for):
http://news.yahoo.com/s/ibd/20060119/bs_ibd_ibd/2006118feature
Apple's stock fell 3% to 82.49 in trading Wednesday, ahead of the earnings release. It tumbled another 4% in after-hours trading following the report.
Posting on a Treo 650 right now.
You can do so much better than an iPod at such a better price.
The insiders I know, whose info has always checked out, tell me in strict confidence that the next iPod model will have a keyboard, a 17'' screen, willrun Apple's version of Linux, and will be smaller than the current iPod nano.
" It tumbled another 4% in after-hours trading following the report."
Didn't "outperform" enough.
Yes it did, and if you look at AAPL History it the stock always fall on good news. Apple got picked on today for a delay in the pipeline for the intel machines. This stock has brought me happiness since 98.
"Posting on a Treo 650 right now."
Can you see your post now, lol?
Happens often.
Hmmm ... well, I'll just say I love Macs.
GREAT machines!
Yep, though I'm sure some clones will happen by soon for a quarter of the price.
Well, one of the biggie analysts came in with a price target in excess of $100. I have no doubt we'll see it. ;-)
iPod is about content. Will they be able to provide the large array of offerings that Apple is?
:-D
I have 5 ... never had a PC either!
Do me a favor and send me up a Tommy's Burger,God I miss those.........
In-n-Out Rulz!
1. If you're a PC user you have to learn how to use iTunes, a fairly complicated and finicky piece of software, just to copy music to the iPod.
2. Apple should offer a separate battery charger for their newest iPod models at extremely low cost--a lot of people don't want to hog a USB port just to charge the unit.
I have a Creative Zen Touch, 40 Gb. Paid $250 for it and so far have 725 full CDs loaded on it (almost 8,000 tracks) in high-quality WMA, with 76% space used, so plenty of room for more. I have another 100 or so CDs around the house somewhere to get to. My entire collection in one box, with better sound quality than the iCult provides, at a lower price, with a battery that'll last 20 or more hours.
For the life of me, I can't understand why someone would pay upwards of $200 for something that only holds 20-30 albums. Unless they're making some kind of weird gay fashion-slave statement, I suppose.
Man, I could go for 6 or 8 of those, too. It's been almost 30 years . . . . . .
I'd probably even get chili on one or two for old time's sake.
" If you're a PC user you have to learn how to use iTunes, a fairly complicated and finicky piece of software, just to copy music to the iPod."
Complicated? Finicky? I'm on a Mac, and it's just drag and drop onto the icon. What's to learn?
An Iriver h320 with the new Rockbox open source firmware puts apple to shame.
Using the iPod on the Mac is easy--the software runs mostly to Apple's GUI conventions. But doing it on a PC is something else, because it doesn't work like what you see from a Windows program.
Barring extrinsic negative shocks to the market, AAPL reaches par about April, I would think, and so place my chips.
Remember that Big Ass Tomato ???
We need a special too much profit on ipods tax. </sarcasm>
Sung to the tune of "Junk Food Junkie"
(with apologies to Larry Groce)
You know Hank loves his M$ Windows
He always asks for more
And they call him Mr. Microsoft
On down to the Best Buy store.
He only uses good old Word
Linux dont touch his drive
And hes on FR just ragging them
Apple folks with all his jive.
Oh, but at night he takes out his strong box
That he keeps under lock and key
And takes it off too his closet
Where nobody else can see
He opens the door so slowly
And looks around his house
And pulls out an Apple iBook
And plugs in a mighty mouse.
Yeah, in the daytime hes Mr. Microsoft
And loves his Dell PC
But at night hes an Apple Junkie
Metrosexual as can be.
Well, at daytime you can always find him
At the Microsoft patching site,
Just plugging the latest M$ flaw
And running Norton Firewall light,
With an Adaware scan for dessert
Defragging his disk in a natural way
While checking for a patch alert.
Oh, yeah
Ah, but when that clock strikes midnight
And hes all by his self,
He works that combination
On his secret hideaway shelf
And he pulls out an iPod Nano
With his iTunes on the sly
Then sits back in glorious expectation
Of a genuine Apple high
Yeah, in the daytime hes Mr. Microsoft
With a new Gateway PC
But at night hes an Apple Junkie
Hoping nobody else will see.
Oh his friends down at the Geek Squad
They think hes pretty neat
Oh, he dont know nothing about motherboards
But he can type with both his feet
Hes a friend to old Steve Balmer
And he runs his Fdisk twice
Hes got a Bill Gates autographed butterfly
And multiple Logitech mice.
Oh but lately hes been spotted
With some ear buds on his chest
Stumbling to an Apple Genius Bar
Hugging a Power Mac to his breast
Hes afraid someday theyll find him
Just stretched out on his bed
With a Power Book on his stomach
And an iSight by his head
Yeah, in the daytime Hank's Mr. Microsoft
Fixing his Acer Open PC
But at night hes an Apple Junkie
Even worse than you or me.
No, remind me! Remember Fatburger? I hear they went chain, which is probably good because the odds of getting killed at the original location weren't zero.
"Apple profit surges 95 percent on iPod sales"
uh oh, time to start congressional hearings.
I have a Fatburger in Redmond ,WA. I was there for the Grand Opening,LOL!
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