Apple earnings tonight.

Taft

macrumors 65816
Original poster
Jan 31, 2002
1,319
0
Chicago
Will they beat the street? Anyone have any thoughts?

I think they might come out a cent or two above wall street estimates.

If you will it, dude, it is no dream.

Matthew
 

Skip

macrumors newbie
Apr 8, 2002
8
0
California
Right on, one cent it is :D $.10 was the prediction

Today Apple announced financial results for its fiscal 2002 second quarter ended March 30, 2002. For the quarter, the Company posted a net profit of $40 million, or $.11 per diluted share. These results compare to a net profit of $43 million, or $.12 per diluted share, in the year ago quarter. Revenues for the quarter were $1.5 billion, up 4 percent from the year ago quarter, and gross margins were 27.4 percent, compared to 26.9 percent in the year ago quarter. International sales accounted for 45 percent of the quarter's revenues.

Apple shipped 813 thousand Macintosh(R) units during the quarter, up 8% from the year ago quarter.

"We've experienced incredible demand for the new flat screen iMac and shipped 220,000 this quarter. Feedback from customers using them has been off the charts -- we've clearly got a winner here," said Steve Jobs, Apple's CEO.
 

Baseline

macrumors member
Apr 9, 2002
85
0
Southern Ontario
No new info...

I just finished listening to the Analyst Call, and there was nothing about new iBooks or TiBooks. I was PRAYING that someone would ask something about them in the Q&A session, but nothing.

The closest was some shmuck asking if they shipped the iBooks by sea or air...
 

Taft

macrumors 65816
Original poster
Jan 31, 2002
1,319
0
Chicago
Re: No new info...

Originally posted by Baseline
The closest was some shmuck asking if they shipped the iBooks by sea or air...
Heh. How does that relate to an earnings report exactly??

Matthew
 

Baseline

macrumors member
Apr 9, 2002
85
0
Southern Ontario
Re: Re: No new info...

Originally posted by Taft


Heh. How does that relate to an earnings report exactly??

Matthew
It was actually kinda funny. The guy was saying that he just got an iBook, and that made him wonder how they shipped it. He seemed really excited about the iBook, he was kind of gushing over it. I think he just wanted a chance to talk about it.
 
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