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Apple Posts $295 Million Profit

IMHO what I would love to see Apple do is put out an iPod-isk snazzy Mac Mini ad at the super bowl. Externally get people interested in the device like they did with the iPod and then in store and on the web rip into Windows on how insecure and difficult it is or at least can be for the non techhead. They need to play this up as being as cool as the iPod. Admittedly its not going to be the same since an iPod is a status symbol that is trendy. You don't see that little box sitting on your desk. But if Apple could bridge the gap between iPod being cool WITH OS X. *shutters* The though is to scary to contemplate. :cool:
 
SiliconAddict said:
Good.
icon_evil.gif

They deserve it for not getting on the PowerBook issue before it became one in the first place. Hope PB sales tank further until they can actually come out with something that isn’t craptastic. :mad: :(
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I can't profess to being a PB user, and never likely to be, but I can certainly sympathise with the users of the most neglected product lines of Apple's recent history.

SiliconAddict said:
With that out the way.

Here’s hoping for some major Mac Mini sales the first half of the year. Wouldn’t it be cool of Jobs could announce 1.5 million Mac Minis sold by WWDC.
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I don't think HP and Dell are going to take the Mac Mini intrusion into their realm too lightly ... expect something from the drawer of lowest-common-denominator from those guys in the next couple of weeks.
 
Mantat said:
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...
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It is naive to think that share price has nothing to do with profits. it, in fact, has a huge amount to do with profits - a record profit released, such as this, and the share price will jump, as demand for shares in a successful company rocket. a profit warning is released (for example the Sainsbury's Group today in the UK), and the share price slumps as everyone sells up and moves their money away from them.

Increase in share price benefits the company hugely - this is where their ownership lies. a company is divided into a large number of portions, or "shares" which are then sold to individuals, who are, essentially, buying a portion of the business. anyone with even one apple share is an owner of the company. if the share price of apple slumped to $0.03 a share apple would be worth nothing as a company. the share price jumps by $10, and that increases the value of the company probably by something like $1bn.

so to sum up, thinking that profits have nothing to do with share prices is naive, but again, thinking they have everything to do with shares is also naive. the real answer here is that profits have a short term affect on share prices: usually less than three months. but then again we cant tell exactly what causes the jump in share prices over the next short period - it will most likely be a mixture of profits, new products, and strong sales.

:rolleyes:
 
This site must be frequented by Apple haters.....

How can anyone chime in this type of profit as being negative? :confused: Well let me click on positive :)
 
I really believe that rather than spending millions advertising the Mini, Apple would be better off getting them into every school.

My sister and her husband recently bought their first ever computer. I tried so hard to get them to go mac but they went Dell because that's what their kids use at school. It's hard to argue against their logic; their kids are 6 and 8 years old and can't be expected to learn 2 OSs.

Now imagine if every kid went home and said we need to get a mac. And every kid grew up using a mac. I really don't think it's far fetched to think that Apple should practically give hardware to education establishments and reap the profits that result from it.
 
dejo said:
Well, that's a bit of an exageration. AAPL closed +.90 today, from an opening of 64.56, and was highest at 65.90.

Not that I don't want it to go a lot higher. I do!
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Actually, it went up more than $7 in after-hours trading. Here's a quote from a Reuters Business Web story:

"Apple's shares climbed to $74 in after-hours trade on the Inet electronic brokerage from their close of $65.46 on Nasdaq."
 
I think we can finally put the "Apple is surely going to go under" fears to rest. Profits are now very healthy and Mac sales are starting to increase, even before the Mac Mini enters the equation.

I think this is all to do with a combination of the iPod halo effect and its impact on the Apple brand, cheaper prices across the board and improvements to the software package. These days, what do you need a Windows PC for anyway? Lack of viruses and spyware (which are heavily haunting Windows at the moment) and a lovely OS are of course the icing on top of a deliciously tasty cake.
 
combatcolin said:
Does anyone know how may of each machine were sold and if so is there a comparison to last year/quarter?
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Couldn't find exact numbers from yesterday's release other than Total, iMac, and eMac, but something is awry:

1,046,000 million Macs overall in the last quarter
337,000 iMac G5's
119,000 eMacs

The following numbers were as of mid December:

836,000 Macs overall
229,000 iMacs and eMacs
238,000 iBooks
156,000 Power Macs
213,000 Powerbooks and xServes

So that's a difference of 210,000 units between mid December and actual Q4 numbers released yesterday.

Since we know that iMacs and eMacs were at 456,000, something seems wrong here. If you apply a relative increase to the other catagories, the total soars way above 1.05 million. Anybody else got an explanation??
 
jmurray said:
Actually, it went up more than $7 in after-hours trading. Here's a quote from a Reuters Business Web story:

"Apple's shares climbed to $74 in after-hours trade on the Inet electronic brokerage from their close of $65.46 on Nasdaq."
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Isn't $75 (just after the stock split) AAPL's all time high? We could break it today.
 
jmurray said:
Since we know that iMacs and eMacs were at 456,000, something seems wrong here. If you apply a relative increase to the other catagories, the total soars way above 1.05 million. Anybody else got an explanation??
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Lots of people bought iMacs for Christmas, whereas Power Macs and XServes - being more oriented towards work - don't tend to get bought at this time of year? (blind guess).
 
apple desktop share should of went up because of these numbers. I did notice a drop in xserve and power mac sales. I guess not too many people building super computers last quarter. But with oracle and cisco using xserve and xraid, I think others will follow very soon.
 
Southernboy said:
I really believe that rather than spending millions advertising the Mini, Apple would be better off getting them into every school.

My sister and her husband recently bought their first ever computer. I tried so hard to get them to go mac but they went Dell because that's what their kids use at school. It's hard to argue against their logic; their kids are 6 and 8 years old and can't be expected to learn 2 OSs.

Now imagine if every kid went home and said we need to get a mac. And every kid grew up using a mac. I really don't think it's far fetched to think that Apple should practically give hardware to education establishments and reap the profits that result from it.
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While I agree with your overall point here, the idea that kids growing up using Macs will have a marked impact on Apple's longterm health doesn't hold. Growing up in N. California in the 80s, every school had Macs in classrooms & computer labs. Very few of my long former classmates now use Macs, I'd guess.

Perhaps the machines are now more integrated into curriculum (which you could argue creates a different sort of connection than we had). Of course, I'd love to see Macs in all schools, but I don't think Apple giving stuff away is going to earn them significant dollars in the future.
 
ASP272 said:
Man I wish I could afford some Apple stock! Go Apple!
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Now would not be the time to buy, they're probably peaking now in the mid $70s, they shouldn't go too much higher in the foreseeable future.

(please, oh please don't let this be one of those messages that gets thrown back in my face for years to come.. ;) )
 
Southernboy said:
I really believe that rather than spending millions advertising the Mini, Apple would be better off getting them into every school.

My sister and her husband recently bought their first ever computer. I tried so hard to get them to go mac but they went Dell because that's what their kids use at school. It's hard to argue against their logic; their kids are 6 and 8 years old and can't be expected to learn 2 OSs.

Now imagine if every kid went home and said we need to get a mac. And every kid grew up using a mac. I really don't think it's far fetched to think that Apple should practically give hardware to education establishments and reap the profits that result from it.
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I am raising my kids on Mac since 2yrs old, they use dell at school. They are now fluent both ways, they share an eMac and 2 older iMacs in a bonus room on AP expresses.

The market just opened and AAPL is up to over $74 and microsuk and inhell are both down today! :)
 
zwida said:
While I agree with your overall point here, the idea that kids growing up using Macs will have a marked impact on Apple's longterm health doesn't hold. Growing up in N. California in the 80s, every school had Macs in classrooms & computer labs. Very few of my long former classmates now use Macs, I'd guess.

Perhaps the machines are now more integrated into curriculum (which you could argue creates a different sort of connection than we had). Of course, I'd love to see Macs in all schools, but I don't think Apple giving stuff away is going to earn them significant dollars in the future.
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well it more the kids will default to want to use what OS they us the most (the one at home). I think apple orgainl idea was flawed in getting into school by selling cheap to them because most of those kids used PC at home and that what they where used to and more fimular with. Plus the home computer where so much better than the ones at school.
 
hmm...

i thought dells and hps WERE the lowest common demoninator?! :eek:

really. all these people talking about the amount of money in the bank and cooking the books and what-not, maybe there is something in the plan that they don't see? maybe after they have triple their 4billion profit in the bank they plan a few hostile stock buying moves. THAT would be funny. Apple might be sick of playing it nice and taking it laying down. maybe good old apple will be a majority controlling factor in a few futures? lol.

just random warm thoughts.
 
Southernboy said:
I really believe that rather than spending millions advertising the Mini, Apple would be better off getting them into every school.

My sister and her husband recently bought their first ever computer. I tried so hard to get them to go mac but they went Dell because that's what their kids use at school. It's hard to argue against their logic; their kids are 6 and 8 years old and can't be expected to learn 2 OSs.
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no, it is easy, why do they wish to cripple their children by shrinking their horizons when they could be broadening them? and make them learn a new OS? horror?

my kids are 3 and 6, and my daughter (the six year old) can happily use OS X. 98 and XP, anytime she is asked. she has her own user account, can switch to it, run all her math and spelling games herself, surf the web, and formally (from the menu) quit any application in all 3 systems, save documents when she creates them, and generally handles her computers better than the teachers i used to do tech support for.

kids are smart. they should be exposed to new stuff YOUNG so that they can use it later. it is the ADULTS who can't be expected to learn.

they are born as children, but if you don't open up their world, they grow into sheep.
 
zwida said:
While I agree with your overall point here, the idea that kids growing up using Macs will have a marked impact on Apple's longterm health doesn't hold. Growing up in N. California in the 80s, every school had Macs in classrooms & computer labs. Very few of my long former classmates now use Macs, I'd guess.
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you can't throw a rock in the bay area without hitting a powerbook, but maybe the bay just has taste, and school use is not the reason. :cool:
 
Southernboy said:
My sister and her husband recently bought their first ever computer. I tried so hard to get them to go mac but they went Dell because that's what their kids use at school. It's hard to argue against their logic; their kids are 6 and 8 years old and can't be expected to learn 2 OSs.
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OK, I'm going a little OT, but I gotta say I hate this kind of logic, and I totally disagree with it. Unless their are specific apps that are getting involved here, which I don't feel teachers should be requiring anyway at that age. Kids could definitely handle the differences between two or more operating systems. We're not talking about editing the registry or hacking the netinfo database, here. We're talking about finding an application the kid wants to run and double clicking it. At 8 years old, my elementary school class was using Apple DOS on the ol' IIe's. Several of my friends had PC's running MS-DOS that they new how to start they're favorite games. Kids can handle much more than we give them credit for. I am constantly amazed at what my daughter picks up.

We should be providing a broader experience in home and at school so that as kids grow they will be better equipped to handle the challenges of a rapidly evolving technological society. The same logic applies to the argument that since the business world uses windows that what I should get at home. I hate that argument even more since the time frame is usually much longer.

crackpip
 
Reality check!

OK, let's see...

1. Everyone who loves Apple should be pleased with these results, because no matter what the net trolls say about Microsoft or real-life trolls (like John Dvorak) say about market share, a company making a profit will not go out of business.

2. Apple is not holding back on a Powerbook G5 because they want to mess with you. They would love nothing more than to sell you one, but right now it's physically impossible. Cut them some slack.

3. Apple is not like Enron, because you actually know how Apple makes its money. The rise in profits is not due to some inexplicable happenstance, but rather, due to a rise in revenues, itself due to a rise in sales.

4. The current numbers are so massive because of market growth in online music, a wave that will not rise forever, but will rise appreciably in the near future. The holiday season also comes into play.

5. One thing nobody (but me) seemed to hear is that some 40% of Mac purchases in the Apple Retail segment were by current Windows users.

6. When you bought stock at $20 a year ago, and it's trading in the $70s, you don't sell, you place a trailing stop order. Duh ;)

7. As I see it, if Apple currently holds 3% market share, that means a meager increase of 3% will double the company's market. That's pretty significant.

8. Is it a good time to buy stock in AAPL? Well, think of it this way... there are two ways to lose: buy a stock, and it goes down; don't buy a stock, and it goes up. In both cases you are going to be kicking yourself, but in the former case, you're still part-owner of the greatest computer company in history.
 
crackpip said:
We should be providing a broader experience in home and at school so that as kids grow they will be better equipped to handle the challenges of a rapidly evolving technological society. The same logic applies to the argument that since the business world uses windows that what I should get at home. I hate that argument even more since the time frame is usually much longer.
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When I was a kid, they told us that when we graduated, if we didn't know how to use Bank Street Writer, we wouldn't be able to get a job. Sure would have been nice if they'd taught us computer skills instead of OS- and program-specific garbage no one would remember when we got older.

I think all users, kids and adults alike, should stop worrying about platform and concentrate on content. Use what gets the job done.

(Which is usually a Mac)
 
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