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Apple Reports $1.61 Billion Profit for Q1 2009
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Gene Munster wasn't that far off: Apple's Mac, iPod sales see slight rebound in December
Summarized Predictions: 2.45 million to 2.55 million Macs, 19 million to 20 million iPods.
Actual: 2.52 million Macs, 22.7 million iPods
It's up because Steve Jobs spoke.
From the paper the investors get :
“Even in these economically challenging times, we are incredibly pleased to report our best quarterly revenue and earnings in Apple history—surpassing $10 billion in quarterly revenue for the first time ever,” said Steve Jobs, Apple’s CEO.
Trust me, much more than the U.S. and poor UK (as well as some of the smaller European economies)...at least you got Obama to keep the boat afloat with more solid policies now.
Great, now we can hear all the journalists ignore the results and ask about Steve's health!
These threads simply wouldn't be right without an ebullient capslock-sprinkled post by BRLawyer 
Those there are some big numbers. I presume this includes the Christmas season? In which case, I'm hardly surprised Q2's estimates are lower.
Glad there's plenty of cash being made – Apple probably won't feel the need to trim back on the R&D during tough times, keeping at least some of their products attractive enough to keep selling.
Those there are some big numbers. I presume this includes the Christmas season? In which case, I'm hardly surprised Q2's estimates are lower.
Glad there's plenty of cash being made – Apple probably won't feel the need to trim back on the R&D during tough times, keeping at least some of their products attractive enough to keep selling.
To Apple go
Go Apple. You have the best computers.
Nice to know Steve spoke. That should calm some people down
Go Apple. You have the best computers.
Nice to know Steve spoke. That should calm some people down
iPods, iPhones, fringe displays and crippled outdated Macs. Not all of us are interested in these things, just as an movie's worth is not measured by box office sales alone. And there's no reason why Apple cannot satisfy both demands on a reasonably timely basis.
I'll be curious to hear sales figures breakdowns for desktop Macs.
Q2 is almost alway a down quarter compared to Q1 given normal seasonality.
If you take the low end of the guidance... $7.5 Billion implies no growth compared to Q2 2008 (7.51). Flat growth in a slow/contracting economy is not much to worry about.
Note Apple's guidance for Q1 2009 was $9-$10 Billion and their revenue for Q1 2008 was $9.6 Billion. In other words Apple's guidance for Q2 2009 is more optimistic then their guidance for Q1 2009 was.
Finally Apple's has for many years now consistently exceeded their guidance, they are always conservative in their numbers.
These threads simply wouldn't be right without an ebullient caplock-sprinkled post by BRLawyer
My BT-enabled Apple wireless keyboard thanks you for the compliment...in fact, we couldn't hold our enthusiasm for one of the last great and well-managed American companies...especially when they keep countering each and every attempt by "analysts" and PC fanboys to put the company down...
DELL IS DEAD. MS IS DEAD.
According to the CC, it sounds like desktops contracted while portables exploded.
Thanks. I know laptops are popular but by an almost 3-1 margin? Pitiful, and shows the paucity of the current desktop range in offering value and choice.
My BT-enabled Apple wireless keyboard thanks you for the compliment...in fact, we couldn't hold our enthusiasm for one of the last great and well-managed American companies...especially when they keep countering each and every attempt by "analysts" and PC fanboys to put the company down...
Mate, if Apple had a cheer-leading squad, you'd be right there in that pyramid.
But anyway...
I must admit, I'm a little surprised the Mac figures have held up so well. Sure, the new laptops are rather neat, however, the rest of the line-up is a bit dull. Note that I mean 'dull' by Apple's standards. It feels like their recent desktop updates (of which there have been few) have been all about tinkering around the edges rather than aimed at dropping some jaws. But time will tell - it'd be very unlike Apple not to have something brewing.
I suppose the thing for us to bear in mind is that we view Apple's products through the MacRumors filter. The simple act of keeping up with rumours inevitably skews our opinions of the products compared to the opinions of a 'normal' buyer.
edit: I see the laptop vs. desktop sales figures now. Gotta agree with BV ... desktops seem to be wallowing somewhat. Hopefully some sort of new tech in the desktop arena will grab Apple's attention and give them cause to build something new and great in the desktop/workstation space once more.
