Apple Posts 2Q 2005 Results

[MacRumors]

Apple posted their second quarter results today.

Apple posted a net profit of $290 million or $.35 per diluted share - as compared to profit of $46 million or $.06 per dilluted share for the year-ago quarter.

- Revenue was up 70% to 3.24 billion from the year-ago quarter.
- Gross margin was up to 29.8% (upfrom 27.8%)
- 1,070,000 Macintosh units shipped (43% increase)
- 5,311,000 iPods shipped (558% increase)

The financial results conference call takes place at 5pm ET.

 

[Mudbug]

those numbers are impressive, regardless of how you look at them.

 

[Nuc]

This is great

This a great thing for apple. I hope they keep up with the innovations!

To bad I didn't buy some apple stock

Nuc

 

[aftk2]

Holy cow!

Obviously, I'm impressed by the iPod statistics (how could you not be?), but the sizable increase in computer shipments is very, very good news as well.

Good job, Apple.

 

[Daveway]

Not to shabby I just wish the stocks would go up now! I'll be tuning in for the webcast, I think it's in 20mins.

 

[iGary]

Bravo, Apple.

Looks like nice sales all around.

They even sold more iPods than expected.

 

[Zaty]

From the Press Release:

"Apple is firing on all cylinders and we have some incredible new products in the pipeline for the coming year, starting with Mac OS X Tiger later this month."

That's sounds great! Keep on working Apple.

 

[sjpetry]

Not to shabby I just wish the stocks would go up now! I'll be tuning in for the webcast, I think it's in 20mins.

Where's the webcast at?

 

[pennKid]

Hopefully these numbers don't tell investors that everybody who can afford an ipod already has one, so now is the time to pull out the capital.

 

[Bear]

Where's the webcast at?

Check the original message in this forum thread.

 

[mgargan1]

I am impressed

 

[cr2sh]

Where's the webcast at?

There's a link in the story.

I've never listened to one of these, butmaybe I'll stick around and listen to some of it.

 

[wrldwzrd89]

Apple's product development and marketing engine, which is powered by a prototype of what will eventually be called the PowerPC G6, is running smoothly. Apple's done a good job of keeping pipeline bubbles to a minimum and taking full advantage of multiple CPUs/cores and simultaneous multithreading. What's more, the prototype will be replaced this year with a faster, more stable version, which will allow Apple to crank out even more work. Way to go, Apple!

 

[sjpetry]

Check the original message in this forum thread.

 

[Rocksaurus]

Apple's stock went down after this... Why?

 

[usarioclave]

That's a lot of iPods

They're selling 21m iPods a year on an annualized basis?

That's a lot of iPods.

They're so popular, PC makers should bundle a free iPod shuffle with every retail computer they ship!

 

[jcshas]

iPod Halo effect

A 43% increase in Macintosh units shipped? WOW! So I guess the rumors of a so called "iPod Halo effect" are coming to fruition. Great news - way to go Apple!

 

[Sunrunner]

Apple posted their second quarter results today.

Apple posted a net profit of $290 million or $.35 per diluted share - as compared to profit of $46 million or $.06 per dilluted share for the year-ago quarter.

- Revenue was up 70% to 3.24 billion from the year-ago quarter.
- Gross margin was up to 29.8% (upfrom 27.8%)
- 1,070,000 Macintosh units shipped (43% increase)
- 5,311,000 iPods shipped (558% increase)

The financial results conference call takes place at 5pm ET.

Sweet jesus thats awsome...

Its gonna keep up with increases like this in the next few Quarters as well, with Tiger, minis, and likely PM refreshes... sweet!

 

[WildCowboy]

I don't get it...Apple estimated EPS of $0.20, analysts estimated $0.24-$0.25. They come in at an astounding $0.34 and the stock tanks. Hello!?!?! Clearly investors are currently ignoring Apple and the analysts and have their own completely unrealistic expectations.

 

[egsaxy]

million macs this quarter, no complaints. question is how many were mini's and can we assume that the mini is the lowest money maker (margin wise?) Don't know how other computer company's are doing but the push through inovation certainly seems to work. No one should doubt Apple now. What are the odds Dvorak says something like its a fluke (how many consecutive quarters does Apple have to surprise people before its a trend and not a fluke?)

There is a reason Steve is the Boss and I have no qualms about his leadership. 7 years and Apple couldn't be better. This proves the quality of the product Apple is shipping, keep up the goodwork.

 

[pennKid]

They're selling 21m iPods a year on an annualized basis?

Not even close. You can't just multiply by 4 after a 500% increase.

http://www.taipeitimes.com/News/biz/archives/2005/04/06/2003249370

 

[jesuscandle]

if memory serves me right, that's MORE ipods in the last 3 months than in the three months leading up to Xmas. That's pretty amazing.

Anyone care to confirm?

 

[Lacero]

Stocks drop because profit investors are cashing out their holdings. They are waiting for the stock price to increase before they buy again.

 

[herbalizer]

SaaaaaaaaWeeeeeeeeet

Great job Apple! Keep on pecking away at the evil empire.

Just bought my 4th mac the other day.....

 

[daveL]

Apple's stock went down after this... Why?

These results were already built in to the current stock price. Now investors are wondering how long Apple can keep this kind of growth going down the road.