Apple Q1 Financial Results Webcast

Discussion in 'MacRumors News Discussion (archive)' started by MacRumors, Jan 11, 2004.

  1. macrumors bot

    MacRumors

    Joined:
    Apr 12, 2001
    #1
    Apple is webcasting their Qtr 1 - 2004 Financial Results Conference Call on Wednesday, January 14, 2004 at 2:00pm PT/5:00pm ET.

    As always...

    One analyst feels that Apple could beat the expectations due to the strong demand for the iPod and iBook products in December.

    Last year's Apple's 1st Quarter results were a net loss of $8 million.
     
  2. macrumors G3

    Counterfit

    Joined:
    Aug 20, 2003
    Location:
    sitting on your shoulder
    #2
    But how can they broadcast financial results of Q1 2004 when it just started? :D
     
  3. macrumors 6502a

    FightTheFuture

    Joined:
    Oct 19, 2003
    Location:
    that town east of ann arbor
    #3
    i wish i could pick up some apple stock. here's hoping that the demand for ipods and G5s in december were overwhelming!
     
  4. macrumors 65816

    sw1tcher

    Joined:
    Jan 6, 2004
    #4
    That's because Apple's fiscal quarter begins in Oct. (Oct-Dec.) That's why Q1 2004 results are being announced Jan. 14.
     
  5. macrumors 6502a

    true777

    Joined:
    Dec 30, 2000
    Location:
    California, Austria, Arkansas
    #5
    wow, I forgot that such a short time ago Apple was still announcing quarterly losses. I hope they can continue the trend despite of MacWorld's meager announcements. Christmas iPod sales should definitely help, but I wonder if the classic iPod market will be saturated at some point, and doubt the mini can take over in terms of sales.
     
  6. macrumors newbie

    Joined:
    Jan 7, 2004
    Location:
    Bossier City, LA
    #6
    Just when you think Apple stock is going to rise some PC stock will underperform and the analysts will apply that to their rating for Apple. :(
     
  7. macrumors 6502a

    Jerry Spoon

    Joined:
    Jan 8, 2002
    Location:
    Historic St. Charles
    #7
    The stock has been on the rise since Monday, Jan. 5th. Last time (4th quarter financial results) the same thing happened and then after Apple made their announcement, the stock dropped back off. People taking short term gains I guess. I don't know that much about the stock market.
     
  8. macrumors 68000

    Freg3000

    Joined:
    Sep 22, 2002
    Location:
    New York
    #8
    Yeah, too many analysts just don't understand that you can't simply group Apple with the other PC makers. Apple is a different animal.
     
  9. macrumors regular

    Joined:
    Nov 28, 2003
    #9
    yeah most if not all companies qtr 1 begins in oct/nov.

    i love how mac fanatics care so much about a company to listen in on their qrt 1 financial reports. whenever my company does this, i dont even bother listening. i work at hp btw. next time maybe i will, they might mention something about apple.
     
  10. macrumors 65816

    gotohamish

    Joined:
    Jul 15, 2001
    Location:
    BKLN
    #10
    Then screw the analysts and think/act for yourself. Different even...;)
     
  11. macrumors newbie

    Joined:
    Jul 18, 2002
    Location:
    Kansas
    #11
    speaking of iBooks

    Has anyone noticed that the 900mhz G3 iBooks seem to have a quality control problem with main logic board failing, etc.? I'm sending mine in for the 2nd time...good thing I got the extended AppleCare warranty...however I haven't passed the 1 year warranty mark yet! I hope the G4 iBooks have better luck! Has anyone heard how the 12" PowerBook is doing in the quality control/reliability area?
     
  12. macrumors 68020

    Joined:
    Jul 3, 2003
    #12
    I'll wait for the analysis after the broadcast. I doubt we'll hear anything new besides Steve hinting a few things as always.
     
  13. macrumors regular

    jwhitnah

    Joined:
    Aug 20, 2003
    Location:
    WA
    #13
    aS LONG AS aPPLE REMAINS IN THE BLACK, i DO NOT CARE ABOUT its stock price. The deal with HP is big and should be good for apple's health and free up resources for more R and D. I have not felt this optimistic about Apple in a long time.
     
  14. macrumors Penryn

    rdowns

    Joined:
    Jul 11, 2003
    #14
    I have quite a bit of Apple stock. Past history suggests selling now as it will go down no matter what they announce. As most of it was bought under $14, I'm holding.
     
  15. macrumors 68000

    MacFan25

    Joined:
    Jan 5, 2003
    Location:
    USA
    #15
    I'm interested to see what the results will be like, especially after the Holiday sales, and huge demand for the iPod.

    The announcement with HP should also continue to help Apple's stock price go up. Currently, I don't own any though.
     
  16. macrumors member

    Joined:
    Oct 16, 2003
    #16
    If only George Bush wouldn't generate such a huge deficit...

    If only George Bush wouldn't generate such a huge deficit, then the Euro wouldn't ruin my AAPL Stock gains.

    (Note: APPL goes up, but for an Euro investor $ goes down).
    ;)
     
  17. macrumors 6502

    FriarTuck

    Joined:
    May 26, 2003
    Location:
    Chicago area
    #17
    The analyst is Steve Fortuna. Fortuna has not exactly been a genius re: AAPL in the past. In fact, he's been dead wrong about shipping numbers, etc.

    Fortuna has been talking about an Apple set-top box since 2000, if not earlier.

    The man has no special insight, just a big paycheck.
     
  18. macrumors 65816

    autrefois

    Joined:
    Oct 22, 2003
    Location:
    Somewhere in the USA
    #18
    Clueless in stock market LOL

    It looks like they're predicting a VERY small profit for Apple. According to the article...

    That's what I call a precise prediction! :)

    I assume it means per share?
     
  19. macrumors newbie

    Joined:
    Feb 16, 2003
    Location:
    Dallas
    #19
    Re: speaking of iBooks


    I have a 800mhz G3 iBook and have had to send it in 3 times for the logic board failing in the first 13 months. Love macs, my iMacs have always worked great as well as my friends' and in-laws'.
     
  20. macrumors member

    Joined:
    Jul 16, 2002
    Location:
    Melbourne, Australia
    #20
    Re: Clueless in stock market LOL

    Heh, yeah it's per share, and means a profit of about $50 million, according to quick calculation :)
     
  21. macrumors regular

    Joined:
    Apr 29, 2002
    #21
    Well its been a quarter of:
    -excellent iPod sales
    -very good PB & iBook Sales
    -solid/good PM sales
    -where iMacs picked up quite bit in November/December
    -Panther (profit margins)


    I say earnings maybe just above 2 bil
    profit 75-100 mil
     
  22. macrumors regular

    Joined:
    Apr 16, 2003
    #22
    Indeed. Normally I don't believe in market timing, but it often seems to work with Apple, for example when the silly rumors about them buying Universal dropped their stock price to under $14.
     
  23. macrumors 603

    SiliconAddict

    Joined:
    Jun 19, 2003
    Location:
    Chicago, IL
    #23
    I'm going to be interested in knowing the results but then the eternal question will remain. What COULD results have been if Moto hadn't once again screw over Apple with their delays with new G4s. It's ALMOST a forgone conclusion that that was the core reason for the PowerBook delays last year.
     
  24. macrumors 68020

    T'hain Esh Kelch

    Joined:
    Aug 5, 2001
    Location:
    Denmark
    #24
    Buy low, sell high?
     
  25. macrumors 6502a

    Joined:
    Sep 19, 2003
    Location:
    Montréal (Canada)
    #25
    Here is my advice:
    Never buy APPL shares the reason is:
    - Apple never gave dividend
    - Apple doesnt buy back stock to increase its value
    - Apple either invest the profit in R&D or bonds or gives it to Steve Jobs

    Apple doesnt reward its investor and that fact alone is a reason to stay away from it.

    On the other hand, there is a lot of hype around Apple right now which is why the stock has increased in value. So if you are investing for the short term, its good. Sell your stock (now or after the presentation) and cash in the profit.

    There is no reason to hold this stock for years, a 2% bonb would have given more benefits.

    Apples stock could increase to maybe 3 to 5 times its current value if it did this:

    - stop giving stock option to Steve Jobs (costed over 100M last year)
    - buy back stock or give dividends

    And to give some weight to my words, I have never lost money on the stock market, beated the index every year (since I started about 5 years ago) and made 25% return last year alone. So I know my stuff...

    Investing in Apple con also be done for other reason: for principle, to look cool (look at the number of mutual fund manager and analyst that talk about it) or as a gift to a mac addict. All these reason are 'ok', but you wont make money with Apple.

    On the other hand, I would be very happy to be wrong...
     

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