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Apple profits surge 67%; shares soar
CNN Money ^ | 10/22/2007 | Ben Rooney

Posted on 10/22/2007 2:29:01 PM PDT by ccmay

NEW YORK (CNNMoney.com) -- Apple Inc. reported that profits in its fiscal fourth quarter surged 67 percent due to strong sales of Mac computers and the iPhone.

Results trounced Wall Street's expectations.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Extended News
KEYWORDS: aapl; apple; jobs; mac; stocks
The sales of iPods are up modestly, but the real news is the increased shipments of Macintosh computers. With OS X 10.5 (Leopard) about to be released, and the holidays almost upon us, I think we can expect even these fantastic results to be blown out of the water next quarter.

Sure am glad I got in at $102! And doubly glad I own four Macs!

Death before DOS!

1 posted on 10/22/2007 2:29:02 PM PDT by ccmay
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To: ccmay
>Death before DOS!

I wish Apple would
put out a twenty-five bucks
Apple II throwback!
2 posted on 10/22/2007 2:31:10 PM PDT by theFIRMbss
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To: theFIRMbss

Why? $25 will get you a full Apple IIGS.


3 posted on 10/22/2007 2:32:45 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: ccmay
Sure am glad I got in at $102!

About the same price I bought at. Wish I would have bought more, though.

4 posted on 10/22/2007 2:35:16 PM PDT by lesser_satan (READ MY LIPS: NO NEW RINOS | FRED THOMPSON '08)
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To: lesser_satan

I lost a lot of respect for my (ex) broker when he tried to talk me out of buying Apple - at $15.


5 posted on 10/22/2007 2:38:22 PM PDT by mgstarr ("Some of us drink because we're not poets." Arthur (1981))
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To: ccmay

What are they up 400% in the past 3-4yrs?


6 posted on 10/22/2007 2:40:04 PM PDT by BGHater (Bread and Circuses)
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To: ccmay
Wow, up $3.94 on the close and $11.50 so far in after-hours trading!
7 posted on 10/22/2007 2:40:27 PM PDT by lesser_satan (READ MY LIPS: NO NEW RINOS | FRED THOMPSON '08)
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To: mgstarr

Ouch! Lucky you didn’t take his advice.


8 posted on 10/22/2007 2:41:18 PM PDT by lesser_satan (READ MY LIPS: NO NEW RINOS | FRED THOMPSON '08)
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To: ccmay

I got in at $20, WOO HOO!!!!!!!!!!!!


9 posted on 10/22/2007 2:43:34 PM PDT by cmsgop (Hillary's Milkshake is better than Your's, She could teach you, but you would rather go blind.......)
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To: ccmay

I won’t ever switch back. OS X blows away Windows.


10 posted on 10/22/2007 2:58:09 PM PDT by SmoothTalker
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To: ccmay

I have a dream and that dream is to own a MacBook. I want to rid myself of the constant updating with potential crashing and not to mention having to rebuild my PC every few years....


11 posted on 10/22/2007 3:02:50 PM PDT by Kimmers
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To: Kimmers
I have a dream and that dream is to own a MacBook

Go to the online Apple Store - a refurb white MacBook was available last wk for $849. The stock is always changing.

12 posted on 10/22/2007 3:14:47 PM PDT by Peelod (I do renounce Hillary! and all her pomps and works.)
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To: Peelod

Thank you!!!!!


13 posted on 10/22/2007 3:17:19 PM PDT by Kimmers
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To: Kimmers
I have a dream and that dream is to own a MacBook.

I've had a white Intel MacBook for about a year now. It cost me about $1300. It is the best computer value for money I have ever purchased. It is an extremely capable computer, faster than my desktop G5. Windows runs at blistering speed on the rare occasions I need it.

Most people really do not need to spend the extra money for the MacBook Pro.

I want to rid myself of the constant updating with potential crashing and not to mention having to rebuild my PC every few years....

Hear, hear! My time is valuable enough that the very first time I have to wipe and reinstall Windows, I would have been better off paying the difference to buy a Mac. I do have Windows 2000 running beautifully, but only in a Parallels virtual machine-- so if it gets a virus or a flaky update, I can drag-and-drop a new Windows installation from a backup file.

14 posted on 10/22/2007 3:33:37 PM PDT by ccmay (Too much Law; not enough Order.)
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To: ccmay
Sure am glad I got in at $102! And doubly glad I own four Macs!

Damn, I only own 2 Macs, and only have 100 shares with a cost basis of $113.

15 posted on 10/22/2007 3:48:01 PM PDT by 3niner (War is one game where the home team always loses.)
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To: BGHater

More like 1000%. They’ve had at least two stock splits in recent memory.


16 posted on 10/22/2007 3:48:27 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: BGHater

5 years ago the share price was $7. Today in after-hours trading, it is over $186. That’s more than a 2500 percent increase.


17 posted on 10/22/2007 4:06:47 PM PDT by ccmay (Too much Law; not enough Order.)
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To: 3niner
Damn, I only own 2 Macs, and only have 100 shares with a cost basis of $113.

C'mon man, you've made $7000 in four or five months, and own the best computer made. Look on the bright side!

18 posted on 10/22/2007 4:08:35 PM PDT by ccmay (Too much Law; not enough Order.)
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To: ccmay

We have been a PC family for years. My son is a junior in college and bought himself the MacBook and loves it.

My youngest bought the Pro when he went to college and he loves it and so do I on the rare occasions I get to use it.

I would love to have the MacBook, it is the perfect size for me.


19 posted on 10/22/2007 4:14:31 PM PDT by Kimmers
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To: ccmay

Should I have included a sarc tag? :-)


20 posted on 10/22/2007 4:42:20 PM PDT by 3niner (War is one game where the home team always loses.)
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To: ccmay

i thot surges were bad things


21 posted on 10/22/2007 5:44:40 PM PDT by InvisibleChurch (Tempus Fidget - The time between the final hymn and recessional.)
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To: ccmay
Apple profits surge 67%; shares soar..

The real question is whether or not Hitlery will take Apples profits "For the Common Good"?

Probably not.

22 posted on 10/22/2007 11:44:21 PM PDT by SantosLHalper (Liberals - The first to cry for tolerance. The first to shut you up when you don't agree with them.)
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To: 1234; 50mm; 6SJ7; Abundy; Action-America; af_vet_rr; afnamvet; akatel; Alexander Rubin; Amadeo; ...
Blow out! 2.2 million Mac sold last quarter - Record revenues - record profits - PING!

If you want on or off the Mac Ping List, Freepmail me.

23 posted on 10/23/2007 2:06:05 AM PDT by Swordmaker (Remember, the proper pronunciation of IE is "AAAAIIIIIEEEEEEE)
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To: ccmay

In at $43!


24 posted on 10/23/2007 4:27:06 AM PDT by SlowBoat407 (Free commerce is the only just way to redistribute wealth.)
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To: SlowBoat407

In Options at $133/ Go Apple Go!


25 posted on 10/23/2007 5:42:10 AM PDT by Mr Apple
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To: Swordmaker

Looks like we’re gettin’ apple-jacked. :)


26 posted on 10/23/2007 5:43:20 AM PDT by Mr Apple
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To: ccmay
I suspect a lot of folks (including us) are looking at the Mac because of our experience with Vista.

NEVER again...what a mess...

27 posted on 10/23/2007 5:45:49 AM PDT by drc43 (Defeat is within our grasp... Nancy Pelosi)
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To: ccmay

I bought 200 shares for $21 way back when. They split lowering the cost to $10.50. That stock is now up 1,550%.

Unfortunately they belong to someone else as I sold them at $38...


28 posted on 10/23/2007 5:46:08 AM PDT by tubebender (My weight is perfect for my height... which varies...)
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To: drc43
I suspect a lot of folks (including us) are looking at the Mac because of our experience with Vista. NEVER again...what a mess...

If I may make a suggestion...

Wait a few weeks, after the hubbub over the release of the newest version (Leopard) of the OS X operating system has died down. Go to your local Apple store, or an independent Apple dealer. Ask if you can see a 24 inch iMac running Leopard, and better yet, also running Windows XP under Parallels virtualization. I guarantee you will be impressed.

29 posted on 10/23/2007 8:50:51 AM PDT by ccmay (Too much Law; not enough Order.)
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http://www.freerepublic.com/focus/f-chat/1913582/posts?page=12#12
http://www.freerepublic.com/focus/f-chat/1913582/posts?page=15#15


30 posted on 10/23/2007 9:55:53 AM PDT by SunkenCiv (Profile updated Monday, October 22, 2007. https://secure.freerepublic.com/donate/)
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