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Apple Announces $1.07 Billion in Profit for Q3 2008

D4F said:
Sales rising up, customer care is going down... I guess Apple is joining some giants with their philosophy.

Oh well. Good numbers tho.
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yeah i've been wondering about this - because Apple seems to have a lot of bugs in their software or hardware design lately

for example screen issues in imacs mac pros. people not liking the different colour screens on the iphones when they were released, problems with apps, mobileme etc.

I love this company, but they have to be very careful to not lose their reputation for their products just working. If they have products with issues, then they will suffer.

but the increased market share will put more pressure on their competitors to change.
 
"Steve's Health is Private Matter"

They shut that question down in a hurry. The shorts will jump all over it like they just said he was already dead.

I wish Apple and/or Jobs would just put it to bed. Sucks that it's out there, but it won't go away.
 
DMann said:
Yes, by now it ha been fossilized as well as petrified.
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Thanks. In other words, Microsoft IS DEAD. All their revenue comes from legacy technologies and locked-in adoption by the anachronistic industry, nothing else.

As for the rest, they lose money with Zune, with the XBox and with their stupid touch table... not to mention their losing search business and that irrelevant Silverlight technology...:rolleyes:
 
fervor said:
They shut that question down in a hurry. The shorts will jump all over it like they just said he was already dead.

I wish Apple and/or Jobs would just put it to bed. Sucks that it's out there, but it won't go away.
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As someone who battled cancer, I hate to say I looked the same way. Thin gaunt. I hope he is O.K.
 
Wouldn't it be funny if that 22 billion dollar carcass bought Apple outright like it threatened to do to Yahoo?
Seriously people, stop claiming wins in battles of some hypothetical war with Microsoft....

People forget every quarter that apple doesn't pay dividends (or at least they haven't in years and years) .... This means that the investors get to see NO (none, nada, zip, zilch) tangible benefit for the company reporting a good quarter. The only interesting information in this call was the future guidance information. This was lower than expected... Investors are doing the only thing they can be wise doing... taking profits off the current stock price. Its not that hard to understand, and no amount of forward looking statements from Steve Jobs will ever change that his company is claiming they won't have a better quarter than the last one.

Now if they paid dividends... It would mean people would be sitting on some fresh dosh in their pockets. Fresh dosh begs for a place to go. if you liked what you got out of Apple you might just want to put more back in. This pleases investors and helps round out stock prices on reporting days.

This hasn't been Apple's philosophy, so get used to these kinds of price spikes (usually negative ones) each and every reporting day.
 
iDAG said:
What could this future product transition be?!? I think that it has to do with the MacBook Pro and less likely the MacBook.
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My first instinct was SSDs. Then my mind wandered to the possibility of more Multi-Touch devices...
 
MBP: Old Aluminum case --> New Aluminum Case
MB: Old Plastic case ---> New Aluminum Case
Which one do you think represents the bigger transition?

Either that, or Multi-touch coming to the ipod classic and nano...
 
The market is not liking Job's health is "a private matter".

the stock just hit 149/share

This might be more serious than I first thought...interesting to see what happens with all of this.
 
below estimates

if you buy a share at a certain price, that price means that sum a lot of years of profit and thats what you share is worth, if the price rises because they expect a good year, well if it doesnt reach what was expected the price falls... the shares price did rise from 120 to 180 and down to 150.

so its up but the market was thinking it was better.

the iphone 3g comes in next time, whenever they have to show results of the next fiscal term.
 
First he looks sickly at the keynote, and now they're telling us Steve's health is a private matter? Oh no, that can't mean anything good! :rolleyes:
 
Sandfleaz said:
"we're busy finishing several more wonderful new products to launch in the coming months."
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Hmm, no Mac mini updates this year. Perhaps never. Do I sense a mid-tier X Mac with two drive bays and a dual monitor video card option? A guy can dream. :D
 
numbsafari said:
Based on those numbers and my rough calculations it sounds like, overall, margins are down by almost 1% (~15 to ~14%) from a year ago. Sounds like Apple is starting to feel some internal business scalability issues.

Given the trouble with MobileMe and the bugginess of the new firmware, it sounds like this is extending to their ability to roll out products as well.

Hopefully they can reign in these operational problems without hurting product development.
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I think you are right, and I also think that Apple are well aware of these issues - I'm sure I remember reports that they are buying up great swathes of real estate and that they are trying to take on huge amounts of new staff.

Sound like they are in a race to scale their operations to match their business.
 
justreading said:
Wouldn't it be funny if that 22 billion dollar carcass bought Apple outright like it threatened to do to Yahoo?
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Except that it would never be allowed by the antitrust folks.

justreading said:
People forget every quarter that apple doesn't pay dividends (or at least they haven't in years and years) .... This means that the investors get to see NO (none, nada, zip, zilch) tangible benefit for the company reporting a good quarter.
Click to expand...

You mean other than the stock price going up? I'll take my AAPL gains over a piddly dividend any day, thanks.
 
gmanrique said:
He is the only one with the right numbers in his post.
:confused:
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“We’re extremely pleased with the growth of our business and the generation of almost $5.4 billion in cash in the first three quarters of fiscal 2008,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth quarter of fiscal 2008, we expect revenue of about $7.8 billion and earnings per diluted share of about $1.00.” -- From today.

"“We’re thrilled to have generated $4 billion in cash flow from operations in the first half of fiscal 2008, yielding an ending cash balance of $19.4 billion,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the third quarter of fiscal 2008, we expect revenue of about $7.2 billion and earnings per diluted share of about $1.00.” -- From Q2
 
Sooo iPhone in 20 more countries as of the end of august!! Please please include costa rica in that (probably wont happen though... sigh...)
 
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