Apple Posts $1 Billion in Profit

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Jan 17, 2007.

  1. Peace macrumors Core

    Peace

    Joined:
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    Space--The ONLY Frontier
    #26

    They always say something like "we don't give out those numbers" or "iTunes sales are above the break-even point.
     
  2. Daveway macrumors 68040

    Daveway

    Joined:
    Jul 10, 2004
    Location:
    New Orleans / Lafayette, La
    #27
    Trading for AAPL was halted at 4:30est? What's up with that?
     
  3. macidiot macrumors 6502a

    Joined:
    Aug 13, 2002
    #28
    Analysts get it completely wrong again

    Analysts missed by .36/share? By almost 50%???

    Estimate was for .78

    Actual was 1.14

    Seriously, I want their jobs. I'd love to get paid for getting things wrong over and over again.

    BTW, AAPL is now at 99 in after hours trading.
     
  4. Teh Don Ditty macrumors G4

    Teh Don Ditty

    Joined:
    Jan 15, 2007
    Location:
    Maryland
    #29
    trading was halted for the release of the financial results
     
  5. Peace macrumors Core

    Peace

    Joined:
    Apr 1, 2005
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    Space--The ONLY Frontier
    #30
    Isn't that when the market closes?
     
  6. Teh Don Ditty macrumors G4

    Teh Don Ditty

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    Maryland
  7. macidiot macrumors 6502a

    Joined:
    Aug 13, 2002
    #32
    They often halt trading in stocks after a significant news announcement. The idea is to give a little breathing room. Kind of a pause to reduce volatility.
     
  8. bignumbers macrumors regular

    Joined:
    May 9, 2002
    #33
    Holy crap that's a lot of money.

    28% growth in Macs - that's very nice indeed.

    re: lower forecasting, I wonder if they're predicting high-end iPod buyers holding off until the iPhone is released. I'm not 100% sold on the iPhone but will hold off my iPod upgrade until I see it for real.
     
  9. gugy macrumors 68040

    gugy

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    Jan 31, 2005
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    La Jolla, CA
  10. bommai macrumors 6502a

    bommai

    Joined:
    May 23, 2003
    Location:
    Melbourne, FL
    #35
    After market prices are highly volatile due to reduced volume. Kinda like desert temperatures. So, one instance to another there can be a big difference.
     
  11. macidiot macrumors 6502a

    Joined:
    Aug 13, 2002
    #36
    99 when I posted. looks like 96 now. lol, welcome to real time trading...
     
  12. iPegboy macrumors regular

    Joined:
    Jan 13, 2003
    Location:
    Detroit
    #37
    um, good for the them. but am i the only one who sees that they profitted $1 billion and think i've been screwed a little bit?

    i mean, they need to make money, but they could easily set prices a little lower and still be VERY healthy.

    iPhone for $399 and $499. i don't think that would cut into the BILLION dollar profit too much. :D
     
  13. ph0rce macrumors 6502

    Joined:
    Jun 25, 2005
    #38
    Good to see my money has gone to a good cause!
     
  14. slffl macrumors 65816

    slffl

    Joined:
    Mar 5, 2003
    Location:
    Seattle, WA
    #39
    Boooo! I don't want Apple to turn into Windows and I don't want the Mac community to turn into the Windows community. Switchers make me :(
     
  15. 50548 Guest

    Joined:
    Apr 17, 2005
    Location:
    Currently in Switzerland
    #40
    Yep, it's simply awesome...Apple is moving quickly to become the BIGGEST computer/electronics company in the world. It's market share has more than doubled on a quarterly basis, compared to other crappy PC makers, and the iPod is the undisputed king of music...no competition, no comparison.

    Apple can't stop blowing away analysts' forecasts...MS, move over and file your Chapter 11 papers...MS fanboys will follow.

    GO APPLE! BANZAI!
     
  16. Rocketman macrumors 603

    Rocketman

    #41
    Microsoft has high gross margins and high sales and high market shares. No BK.

    Their stock might be pretty flat for the year.

    Rocketman
     
  17. manu chao macrumors 603

    Joined:
    Jul 30, 2003
    #42
    Just curious, what is the definition of gross margins for software companies?
    (For hardware it's, very simplied, revenue minus production and distribution cost over revenue. But software has very small production and distribution costs.)
     
  18. Peace macrumors Core

    Peace

    Joined:
    Apr 1, 2005
    Location:
    Space--The ONLY Frontier
    #43
    Looks like international sales really helped boost sales this quarter.

    and Tim Cook just said Apple plans on shipping Leopard in the spring.
     
  19. bradallen macrumors newbie

    bradallen

    Joined:
    Dec 1, 2006
    Location:
    New Brunswick, Canada
    #44
    they just said that they do plan on shipping lepord in spring! i hope they give us some info on it soon.
     
  20. bradallen macrumors newbie

    bradallen

    Joined:
    Dec 1, 2006
    Location:
    New Brunswick, Canada
    #46
    google will never split their stock. they know they're the god of the internet, and they want to brag about it.
     
  21. Teh Don Ditty macrumors G4

    Teh Don Ditty

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    Jan 15, 2007
    Location:
    Maryland
    #47
    I don't think the words "God of the Internet" do them justice.
     
  22. cynerjist macrumors regular

    Joined:
    Nov 8, 2006
    #48
    This is an interesting conference call. I like this better than the MacWorld keynote. There is interesting, informative real-world data here.
     
  23. hooch macrumors member

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    Mar 2, 2006
    Location:
    Chicago
  24. QCassidy352 macrumors G4

    QCassidy352

    Joined:
    Mar 20, 2003
    Location:
    Bay Area
    #50
    and yet shares are down $2 on the day... go figure.
     

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