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Apple Posts $295 Million Profit

I just hope apple starts avertising the Mini as an alternative to windows. If they don't, then this mini will only steal from imac/emac sales.

It took me 3 years to convice my dad to stop using DOS 6.22. Now he touts windows XP as a godsend (i installed it for him) yet every weekend i have to remove all the spyware and viruses that he gets... I keep telling him OS X, but i tell you... stupid ignorant people think windows is the shiznit and won't listen to anything you say about an alternative. The cattle MOO, and i am thinking of opening a slaughterhouse...

Apple needs to use more than the Halo effect. They need newsites to advertise a secure and reliable alternative. They need TV commercials.

One of the things that got me over to Mac was the fact that they practically invented the GUI for home computers. M$ i learned was just a copy... a fake... i felt betrayed... so i switched. Granted, i'm not a pure blood... but there's nothing i can do about that (or could have done).
 
I bought at $20 early last year. I hope the stock reaches just over $100 and splits.

Capt Underpants said:
I couldn't be more pissed at my grandfather right now. When Apple's stock was $30, I told him to buy. Two weeks ago, I told him to buy Apple stock on January 10th. Here comes January 12th, he hasn't bought squat, and it went up $7 today...

Gosh I'm pissed...
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LaMerVipere said:
Wow. The iPod is really keeping 'em afloat, eh? :p
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In a word, no. Hardware revenue was $1.065 billion, up from $1.269 billion in the same quarter last year. A 30% increase in your HIGH margin items is nothing to sneeze at.

Of course, iPod numbers were awesome also; $1.211 billion vs. $256 million in the same quarter last year. That's a 127% increase. Of course, last January is when iPods really started to soar.

Apple has posted the financials here:

http://www.apple.com/pr/library/2005/jan/12results.html
 
The company shipped 337,000 iMacs, said Chief Financial Officer Peter Oppenheimer in an interview. Total Mac sales rose 26 percent to $1.61 billion. The most popular Mac model was the new version of the iMac, released in mid-September.

rdowns said:
In a word, no. Hardware revenue was $1.065 billion, up from $1.269 billion in the same quarter last year. A 30% increase in your HIGH margin items is nothing to sneeze at.

Of course, iPod numbers were awesome also; $1.211 billion vs. $256 million in the same quarter last year. That's a 127% increase. Of course, last January is when iPods really started to soar.

Apple has posted the financials here:

http://www.apple.com/pr/library/2005/jan/12results.html
Click to expand...
 
Try almost 500%.

rdowns said:
In a word, no. Hardware revenue was $1.065 billion, up from $1.269 billion in the same quarter last year. A 30% increase in your HIGH margin items is nothing to sneeze at.

Of course, iPod numbers were awesome also; $1.211 billion vs. $256 million in the same quarter last year. That's a 127% increase. Of course, last January is when iPods really started to soar.

Apple has posted the financials here:

http://www.apple.com/pr/library/2005/jan/12results.html
Click to expand...
 
Jigglelicious said:
Yes, but its no where near the 700% increase the iPods had
Click to expand...
And... so what? You were expecting every iPod user to also buy a Mac? You thought the halo effect would track exactly with the iPod? You're dreaming! The halo effect will never match the growth of the iPod, because they're two completely different products. Asking people to switch to the Mac is still quite an exercise—it takes a lot of balls for some people to leave behind what's familiar for something new. Now that the Mac mini is out, that takes away some of the barrier to entry, but it's still a big proposition for many. I believe the halo effect will be accelerated, but if you were expecting to see 700% growth in Mac sales, you were dreaming higher than Steve Jobs ever has.
 
And yet chuzzlewhitzes marked this thread as negative? Must be peecee luser trolls lurking who are irked Apple's future gets brighter and brighter.
 
Converted2Truth said:
I just hope apple starts avertising the Mini as an alternative to windows. If they don't, then this mini will only steal from imac/emac sales.

It took me 3 years to convice my dad to stop using DOS 6.22. Now he touts windows XP as a godsend (i installed it for him) yet every weekend i have to remove all the spyware and viruses that he gets... I keep telling him OS X, but i tell you... stupid ignorant people think windows is the shiznit and won't listen to anything you say about an alternative. The cattle MOO, and i am thinking of opening a slaughterhouse...

Apple needs to use more than the Halo effect. They need newsites to advertise a secure and reliable alternative. They need TV commercials.

One of the things that got me over to Mac was the fact that they practically invented the GUI for home computers. M$ i learned was just a copy... a fake... i felt betrayed... so i switched. Granted, i'm not a pure blood... but there's nothing i can do about that (or could have done).
Click to expand...

My good man, you nailed just about everything I go breathless trying to explain succinctly and in less space. Jolly good show!!! Great to hear I'm not the only one getting it as the masses and Apple's marketing DON'T get it.
 
Timelessblur said:
to me this raise some major red flags. It just seem to much of an increase for one year time spand. doing double digitigs % increase is high but doing triple jsut seems like something questionble is up.

I just like to say remeber enron and they where doing great and where stating this very high profit margins. Everyone believe them for a while now you have to wonder if apple is really starting to watch there stock prices and trying to make sure they keep rising by ajusting there books somewhatly. (there are tons of little dirty accounting secrets that allow for this and remember apple is for making money first and for most and high stock prices help them make more money)
Click to expand...

Thanks to Enron there have been many changes in the way companies can claim their profit let alone hide anything on the books. Dirty accounting secrets? I doubt any company would want to risk their stock dropping to pennies over false profit claims.
 
Timelessblur said:
to me this raise some major red flags. It just seem to much of an increase for one year time spand. doing double digitigs % increase is high but doing triple jsut seems like something questionble is up.

I just like to say remeber enron and they where doing great and where stating this very high profit margins. Everyone believe them for a while now you have to wonder if apple is really starting to watch there stock prices and trying to make sure they keep rising by ajusting there books somewhatly. (there are tons of little dirty accounting secrets that allow for this and remember apple is for making money first and for most and high stock prices help them make more money)
Click to expand...

Explain to me how Apple benefits from a higher share price? The shareholder benefits, not Apple. It's not like Apple needs a higher market cap to borrow money, they have enough cash to fund most nations on this planet.

How is it you equate Apple with Enron? Apple ships a physical product. Enron dealt in smoke and mirrors.
 
mdriftmeyer said:
The company shipped 337,000 iMacs, said Chief Financial Officer Peter Oppenheimer in an interview. Total Mac sales rose 26 percent to $1.61 billion. The most popular Mac model was the new version of the iMac, released in mid-September.
Click to expand...

I never read it myself but that is great. The new i Mac appears to be a solid success. Although is is an improvement on the G4 iMac, I never expected the G4 iMac to do as poorly as it did. Price is always an issue. I really hope the Mac mini gets the ball in motion for increasing market share. I am not looking for world domination. I would be satisfied if we someday (won't be anytime this decade) peaked at 15% (5x more than now). :)
 
dejo said:
Are you saying there's a lot more gifted developers building more innovative software for other OSes?
Click to expand...
Yeah really. I thought they all worked for Apple already; that's why XP sucks. :cool:
 
jettredmont said:
Ummm ... I'd call 26% an increase ...
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And please note that they weren't even shipping iMacs for a month or so the end of last summer...

Oh the possibilities, halo effect, miniMac, etc... :D
 
Sushij said:
I would love Apple to become the dominate platform, but if that costs me security problems and viruses, then No Thanks. Just wondering what you guys think.
Click to expand...

No need to panic, Apple's not becoming the dominant platform :) Windows could fall to one or more alternatives. OS X is the most likely candidate. But for Windows to fall to second place will be a LONG, long road. Years.

And we'll get viruses either way. A lot of people have jealousy and hate towards non-Microsoft computers. Usually they just troll... but they could do more. And the Mac being so hard to crack is a challenge--there's prestige to be won there. The same acclaim just isnt there for being a "script kiddie" who makes yet-another-Windows-virus.

So people are already trying to make OS X viruses. They WILL succeed no matter WHAT happens to marketshare. But we'll never have the problems of Windows. Nothing even close to that scale. Our target is smaller and our OS is better-designed. Those things aren't changing any time soon.
 
dejo said:
Are you saying there's a lot more gifted developers building more innovative software for other OSes?
Click to expand...

No. I didn't say that.

What I did say is that there are a lot of gifted developers who are NOT developing for OSX, and could be doing so.
 
Mantat said:
Also, share price HAS NOTHING TO DO with profits!!! NOTHING! Incvease in share price only benefit the shareholders, not the company! This is one of the things I hate: people who make bad asuptions based on wrong financial knowledge. This is not personal at all, its just that people need to financialy educated themself to understand the economical life...
Click to expand...

Actually profits do have a direct relation to share price. One of the things that drive up the price of a stock is increasing profits. Investors want to buy into a company that is increasing their profits. With increasing profits there are chances that a company may declare a regular dividend or like Microsoft if there is enough money in the bank there may be a special dividend. also an increasing share price and directly benefit the company. companies like Apple award stock options to employees. when the share price goes up then the stock options become valuable which means the employees can cash in their options and make a ton of money and be happy and more productive workers.
 
Whoa, Nellie!

Jigglelicious said:
Yes, but its no where near the 700% increase the iPods had
Click to expand...

Of course it isn't. A 700% increase is freakish, man.

Apple is in a good position to continue to do very, very well over the next decade, but please don't think a 700% increase is a reasonable benchmark to judge performance by.

Even the iPod won't keep that kid of growth up for long. In fact, maybe only for another quarter or two. But you don't have to show *that* kind of growth to still be doing very well.
 
The "B-Word"

So, now that Apple's on a roll, how long do you think it will be before some Tech Writer (*cough*Dvorak*cough*) or investment firm writes a flashy article that uses the ever-popular "Beleaguered" to predict that Apple's time is nigh?

:rolleyes:
 
How could there be negative ratings on this news. I thought I was crazy when a bought on a dip today cuz analyst expected more than 4.5 mil ipods sold. My gut feeling was the iMac and gift cert also did well. I made enough money today to buy a mac mini, 1gb iPod shuffle and iWorks :D
 
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