Apple Quarter 4 2003 Financial Results - Oct 15, 2003

[MacRumors]

Apple will be broadcasting their 4th Quarter 2003 Financial results over Quicktime at 2:30pm PT/5:30pm ET on Wednesday, October 15th, 2003.

 

[Makosuke]

Well, guess we get to find out how much of a financial success the G5s have been so far...

They'll rpobably release some new iTMS figures while they're at it. too.

 

[whfsdude]

Looks like I am going to miss it :-(

 

[mms]

So sales from Panther wouldn't be included... wonder how much of a difference that would have made.

 

[animefan_1]

Originally posted by whfsdude
Looks like I am going to miss it :-(

Don't worry, they rebroadcast the stream for up to a week after the original broadcast.

 

[Macmaniac]

Pay no attention to those iTunes for Windows rumors behind the curtain
I'm sure they will get alot of questions about ITMS at the meeting so listen to each word carefully!

 

[neonart]

Have they done this before? Or are they doing a broadcast because these figures are so hot?

 

[gwangung]

Originally posted by neonart
Have they done this before? Or are they doing a broadcast because these figures are so hot?

I doubt that they'll be that much above expectation; they did not issue a guidance that expectations needed to be raised. But they're not below expectations either. I expect something at the upper end, which would still be a Good Thing.

 

[Bear]

Originally posted by neonart
Have they done this before? Or are they doing a broadcast because these figures are so hot?

Lots of companies do this. And yes, Apple has done so before.

 

[arn]

Originally posted by neonart
Have they done this before? Or are they doing a broadcast because these figures are so hot?

they do it every time.

arn

 

[dongmin]

Please note that comments made during this call may include forward-looking statements that are subject to risks and uncertainties...

meaning new iPod, new iTunes, iTMS for PC, and new ad campaign.

...and that actual results may differ materially from these forward-looking statements.

meaning they didn't ship as many powermacs as they hoped (due to delays) and the PowerBook update came too late to help them with the bottom line.

 

[bluefido]

"Forward looking statements" is derived from securities law terminology. Basically, they are trying to cover their behind, in case someone wants to invest money in Apple off this rumor. Nothing more...

Originally posted by dongmin
meaning new iPod, new iTunes, iTMS for PC, and new ad campaign.
meaning they didn't ship as many powermacs as they hoped (due to delays) and the PowerBook update came too late to help them with the bottom line.

 

[Jerry Spoon]

Crossing my Fingers

Hoping the delayed G5's don't end up giving the message a total negative bottom line. Just bought some apple stock today. Putting my money where my mouth is.

 

[Manimac]

Keep in mind that this will cover the period through near the end of September, so I don't think we'll see a lot of impact yet from all the recent announcements. The PB and iMac annoucements are very recent and the G5's haven't had much time of actual shipping yet.

While the forward-looking statement language is very standard, I think it will be interesting to see what they choose to discuss or not discuss about events after quarter end. They have an opportunity to discuss demand related to recent announcements although I suspect they will be a bit vague and use language like "strong demand" or "exceeding expectations" if things have been going well. Should be interesting.

 

[mislabeledstar]

does steve handle these annoucements or do they have someone else in the company take care of the financial annoucements?

 

[greenstork]

Originally posted by neonart
Have they done this before? Or are they doing a broadcast because these figures are so hot?

Almost every publically traded company does this every quarter of every year.

Although listening to folks on this thread, I think the reaction is a riot. Only could the MacRumors crew get excited about quarterly financials. You've gotta love a company that has fans!

 

[greenstork]

Originally posted by mislabeledstar
does steve handle these annoucements or do they have someone else in the company take care of the financial annoucements?

Steve rarely ever handles this report, it is handled typically by the CFO or other financial officers. Although Steve is known to make all sorts of appearances on finance shows like CNNFI and CNBC immediately following the annoucement to talk about the numbers, e.g. 5 minute Stevenote for investors.

 

[alset]

I'm anxious. I think I need to take a bunch of sedatives and wait for this week to resolve itself.

Dan

 

[dho]

SOO much interesting stuff is happening right now

2 out of 3 items are like to contain big surprises ahhhhhhhh

sooo close

 

[Analog Kid]

Timing

Interesting that they've chosen to hold the big Music day after the financial announcement... Wonder why...

You'd think that holding it before would let them talk up the future, but holding it after means they've got to remain pretty mum about what's happening the very next day!

It'll be interesting to hear the answers to questions about iTunes for Windows...

 

[Analog Kid]

Nevermind... Just read the USA Today article... If USA Today knows, there's little reason to not talk about it...

 

[yamabushi]

Originally posted by bluefido
"Forward looking statements" is derived from securities law terminology. Basically, they are trying to cover their behind, in case someone wants to invest money in Apple off this rumor. Nothing more...

Actually this is standard legal boilerplate for financial statements. It really has nothing to do with Apple at all.

 

[bluefido]

It is standard legal boilerplate derived from securities laws....MacRumors is trying to protect themselves from wackos who actually think the announcement of 4th quarter results means anything other than giving financial results.

 

[bluefido]

Originally posted by yamabushi
Actually this is standard legal boilerplate for financial statements. It really has nothing to do with Apple at all.

It doesn't just cover financial statments. It also covers prospectuses, advertisements, and a varierty other statements.

 

[Bear]

Originally posted by bluefido
"Forward looking statements" is derived from securities law terminology. Basically, they are trying to cover their behind, in case someone wants to invest money in Apple off this rumor. Nothing more...

This actually means anything said about the future. "Forward looking as in looking forward into the future.

That statmenet has nothing to do with actual results. However if Apple says the think they're going to sell x Units of something this current quarter, that is a forward looking statement.

So Apples forecasts for the quarter that just ended are not affected by that statement.