Apple posts $63 Million Profit

Discussion in 'MacRumors News Discussion (archive)' started by MacRumors, Jan 14, 2004.

  1. MacRumors macrumors bot


    Apr 12, 2001
    Apple announced at $63 Million Profit for its First Quarter ending December 27, 2003.

    Apple's Q1 Results Conference Call is presently ongoing
  2. obeygiant macrumors 68040


    Jan 14, 2002
    totally cool
    Great news for apple.

    But its puzzling that only 40% of mac users are using osx. It seems like it would be more than that.
  3. slowtreme macrumors 6502

    May 27, 2003
    Tampa FL
  4. Le Big Mac macrumors 68020

    Le Big Mac

    Jan 7, 2003
    Washington, DC
    I've been wondering about that statistic as well. I guess it says Mac has a great installed base of users of older computers. But it also says those users aren't upgrading their machines (or keep them running in the corner as email only or something.
  5. QCassidy352 macrumors G3


    Mar 20, 2003
    Bay Area
    man! makes me wish I were a stock holder... fantastic numbers!
  6. Billicus macrumors 6502a


    Apr 3, 2002
    Charles City, Iowa
    It's always good when Apple turns a profit. You have to remember that while new Macs are Mac OS X, there are a lot of people using Macintosh computers that can not run OS X.
  7. iChan macrumors 6502a


    Jan 12, 2003
    Dublin, Ireland.
    i wonder that is going to affect my Apple stock tomorrow... may even see a new 52-week high :)
  8. iChan macrumors 6502a


    Jan 12, 2003
    Dublin, Ireland.
    how many stocks does everyone have?

    I only have 100 personally but % gains on them are quite impressive nonetheless.
  9. Dont Hurt Me macrumors 603

    Dont Hurt Me

    Dec 21, 2002
    Yahooville S.C.
    ones still on os9 are missing out and enjoying those crashes.:D
  10. Steamboatwillie macrumors regular


    Mar 25, 2003
    Memphis, TN
    40% OS X users? I find that shocking but I started using Macs on OS X. After the fact I used a few Macs on OS 9 and scratched my head thinking "What is this?" I realize that there are alot of OS 9 users and I am sure that the OS is great/stable/fast etc but, on the surface anyways, OS X seems light years ahead! Maybe coming in late in the game my perspective is skewed...
  11. Elektronkind macrumors member

    Dec 24, 2003
    Baltimore, MD
    Further, I wonder if that 40% number is 40% of "all Mac users" - a fairly nebulous number to calculate


    "40% of all machines able to run OSX (Panther, Jaguar included?) are indeed running OSX"

    hmm... numbers numbers.
  12. Stelliform macrumors 68000


    Oct 21, 2002
    Does anybody know if Apple was projected to make $63 million? You know if they were projected to make $63.1 million and they only made $63.099 million their stock would drop by 50%. :rolleyes:
  13. ITR 81 macrumors 65816

    Oct 24, 2003
    I wish I had 100 of Pixar and Apple stock right now.
  14. sw1tcher macrumors 65816


    Jan 6, 2004
    Well, Apple's stock is now down $1.216 (~5%). This is after hours trading.
  15. DavisBAnimal macrumors member

    Jul 17, 2002
    New Hampshire
    In my house I have a Performa 575 running OS 7 (I think) my mom still fires up to word-process, a Bondi-Blue iMac with OS 8 for my grandma, and my Powerbook with OS 10.3 - making the installed user base of my house only 33.33% OS X. That 40% doesn't surprise me at all - if anything it's higher than I would have thought.

  16. tny macrumors 6502

    Jun 3, 2003
    Honestly, no. System 7 was not known for rock-hard stability, for instance. My own feeling is that SJ got it right the second time around with NeXT, and reshaping Apple's products into a combination of the best of NeXT and Mac was exactly what needed to happen to make Apple competitive.
  17. Vroem macrumors member

    Nov 9, 2002
    Brussels, Belgium, Europe
    Remeber that many old macs are kept operational because they just work, or because they are cute. While in the PC world, new windozes often cause old hardware to be trashed.
    The 60% of mac's without Mac OS X would not be operational any more if they where PC's.
  18. lind0834 macrumors regular

    Oct 21, 2003
    I don't think 40% installation of X is bad considering the number of people I know who still are running older equipment.

    My Dad still enjoys his Performa 575 w/ 7.6 for the small amount of DTP he does.

    Fact of the matter is, that older macs still get the job done for a lot of people.
  19. Fender2112 macrumors 65816


    Aug 11, 2002
    Charlotte, NC
    You have to keep in mind that there are still a lot of older macs that work just fine. And people don't want to let go of them.

    I think alot of folks are in the same situation that I was in. A move to OS X was more than just an OS upgrade. I had to buy all new everything. New computer, new monitor, new printer, new speakers, new software of all sorts. Because of the expense involved, I had to do this in small steps. Whenever I updated something I made sure it was OS X compatible. I held out upgrading my computer until the G5 was announced. When it arrived I had all the pieces in place and the transition was painless.

    It's differnt when you have a realitively new computer and all you have to do is upgrade the OS and maybe a few drivers.
  20. pimentoLoaf macrumors 68000


    Dec 30, 2001
    The SimCity Deli
    Well, I have one Mac in the house with 7.5.3 running -- when I'm using that system. It's on the way out along with an old 386 pc: good for parts and not much more.
  21. beerguy macrumors regular

    Aug 20, 2003
    I expect to be getting a thank you card from Steve.....

  22. macshark macrumors member

    Oct 8, 2003
    Apple was projected to earn 15c per share this quarter. The actual profit was 17c per share.

    Projections for the next quarter was 7c per share. During the conference call, Apple CFO indicated that they expect to earn 8c to 10c per share next quarter.

    The after-hour selling regardless of good results is pretty normal. I wouldn't be surprised if the stock goes back up to high 23s or low 24s tomorrow.
  23. fatfish macrumors 6502


    May 11, 2003
    Poulton-le-Fylde, UK
    Not the case, Think OSX is solid, well OS9 is rock solid, many video editors and large networks have remained on OS9, I assume they'll change in time.

    What you got to remember is OSX has only been out a couple of years, the upgrade cycle for the average mac user is longer than this (about 5 years I believe)
  24. iChan macrumors 6502a


    Jan 12, 2003
    Dublin, Ireland.
    where do you get figures for after hours trading?
  25. ThomasJefferson macrumors 6502

    Jul 17, 2002
    A million here, a million there, pretty soon you're talking about real money.

    Still have a Motorola clone running 7.5.3.

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