So I study fianacial reports in my spare time...

Discussion in 'Apple, Inc and Tech Industry' started by asparagus, Sep 16, 2006.

  1. asparagus macrumors newbie

    Joined:
    Sep 4, 2006
    #1
    Greetings.

    I happened to be analyzing old 10-k's for Apple (Yearly financial reports) and I noticed an interesting tidbit I hadn't realized before - Apple's financial year ends on the last Saturday in September. The Photokina announcement occurs on the Monday the 25th.

    Just a tidbit.
     
  2. GimmeSlack12 macrumors 603

    GimmeSlack12

    Joined:
    Apr 29, 2005
    Location:
    San Francisco
    #2
    Jeez why didn't I see that before!

    The iPhone is defintely coming out then. It all makes perfect sense!
     
  3. benthewraith macrumors 68040

    benthewraith

    Joined:
    May 27, 2006
    Location:
    Miami, FL
    #3
    Wow...talk about OT. This is the Macbook/Macbook Pro forum, you know. Also, what's the relevance of posting that? Are you sure you really want to lose your job?
     
  4. WildCowboy Administrator/Editor

    WildCowboy

    Staff Member

    Joined:
    Jan 20, 2005
    #4
    How is he going to lose his job? You realize that 10-Ks are public documents, right?

    That said, yes, it's off-topic, and yes, the OP has discovered absolutely nothing. Product releases aren't driven my artificial calendar constructs. Stuff ships when it's ready.
     
  5. benthewraith macrumors 68040

    benthewraith

    Joined:
    May 27, 2006
    Location:
    Miami, FL
    #5
    Apparently I got mixed up. :eek:
     
  6. thedude110 macrumors 68020

    thedude110

    Joined:
    Jun 13, 2005
    #6
    It is fun to speculate, though, and I don't really see why the "financial report" speculation is any more groundless than a lot of other speculation across the site.

    So, here's to your speculating, asparagus (or, more funly, here's to your speculating asparagus!). May it bring us an iNewton or a tablet in a couple of weeks.
     
  7. macjay macrumors 6502

    Joined:
    Oct 3, 2003
    #7
    Are you kidding?

    And I suppose that Apple has moved to cheap plastics in their consumer laptops because it's "better?"
     
  8. Project macrumors 68020

    Joined:
    Aug 6, 2005
    #8
    Tell me you are joking :lol

    Release now, patch later.
     
  9. NextTuesday macrumors member

    Joined:
    Aug 31, 2006
    Location:
    Cork, Ireland
    #9
    Amen to that. *blocks out the angry grumbles of MacBook/Pro users*
     
  10. WildCowboy Administrator/Editor

    WildCowboy

    Staff Member

    Joined:
    Jan 20, 2005
    #10
    Thanks, guys, for calling me on that. I knew what I meant, but I didn't express it clearly at all. What I should have said was that the artificial construct developed for financial reporting purposes has little-to-no effect on a company's product release schedule (unless something that is widely expected at a certain date is delayed).

    The Photokina announcement (whatever it may be, expected or unexpected) doesn't have a relation to the end of Apple's financial quarter. If Apple's financial quarter had ended on the 23rd instead of the 30th, would that have changed the date of their announcement? I submit that it would have had no effect whatsoever.

    Whether they release it a week before the end of the quarter and book some sales figures for the current quarter or introduce it after the end of the quarter and push all sales into the next quarter, they're basically going to sell the same number of units of widgets. Analysts and investors (the smart ones, at least, which includes the vast majority of the stock-moving power) understand that and won't react any differently whether the release comes before or after the end of the financial quarter.

    When a product has been announced for a certain quarter by a company and isn't delivered, that causes problems for investors and analysts. But Apple hasn't promised anything to anyone here, so the market will respond accordingly to the announcement, whenever it comes.
     

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