Apple's Q1 2005 Financial Results Webcast

[hulugu]

WTF?!? Who the hell voted this story as "negative?" Do we have daft people around here that just vote negative to be negative? Some people need a head check!

I always wonder who marks these things "negative," I mean Apple could announce a 900% increase in marketshare and the story could be written flawlessly and there would still be some chowda'head voting negative.

Someone else pointed out that Seth from the Motley Fool worries about the stock and I have to agree with him, the stock is wildly overvalued. MS makes billions more and is currently trading around $37 while Apple has been up around $60 since the fall, and that's from $18 a year ago. I wouldn't buy the stock now, not unless it falls below $50 after the traders get bored with it.

However, Apple has been doing outstanding. Kudos.

 

[joeboy_45101]

Kudlow and Cramer From CNBC:

"There's 98% market share for Apple to take and, with these numbers, they can take it all!"
...
"JOBS IS BRILLIANT, JOBS IS BRILLIANT, JOBS IS BRILLIANT!"

 

[alandail]

it's not that simple to just look at share price. microsoft earned 74.3 cents per share in the last 12 months. Apple earned 70 cents per share in the last 3 months. Microsoft sales and earnings are likely flat, Apple's are growing rapidly. So it makes sense for Apple's share price to be significantly higher than Microsofts.

Remember, Microsoft has a ton more shares outstanding, which decreases the value of each share. Microsoft's overall market cap (number of shares times price per share) is $291 billion, Apple's is $26 billion.

 

[macidiot]

WTF?!? Who the hell voted this story as "negative?" Do we have daft people around here that just vote negative to be negative? Some people need a head check!

Well if I sold the stock at $30 thinking it was overpriced, I might be unhappy about these earnings and what the stock is doing. Not me of course...I'm sitting on a very nice pile of Apple stock

And of course, Seth Jayson would obviously vote negative on any positive Apple news.

 

[awil66]

iPod sales

By my quick math they were selling an average of 50,888 iPods per day the last quarter!?! Talk about printing money.

 

[rdowns]

iMac G5 a hit

Apple Chief Financial Officer Peter Oppenheimer said the company sold 337,000 of its all-in-one iMac G5 computers in the quarter.

 

[JediL1]

Tim Cook, Apple's COO referred to a G5 Powerbook as "The mother of all challenges" and then refused to comment further.

hmm....doesn't sound good.

 

[?Hater]

Boooooo

When asked about the difficulties/possibilities of seeing a G5 powerbook, apple exec's response:

"What you are asking for is the MOTHER OF ALL CHALLENGES."

THAT SOUNDS BAD. I'm upset now

However I just made a lotttt of money on the stock, so maybe I'll just build my own g5 powerbook instead .

 

[Daveway]

Did they just say that having a G5 in a Powerbook "is the mother of all challenges"? If so I don't see a new powerbook for a longgggg time.

 

[CrackedButter]

Did they just say that having a G5 in a Powerbook "is the mother of all challenges"? If so I don't see a new powerbook for a longgggg time.

Bah! pure FUD, they will be released next week, they just want us to think its a really hard challenge so we praise them some more next week. This is the reason why they were not mentioned yesterday.

As I said pure FUD

 

[Stella]

rotfl.

Excellent sales figures.

41% of overseas sales. Well Apple, if:

* you'd only do promotions in all other parts of the world like you do in the us
* stop ripping off consumers with dodgy currency conversions

...that 41% figure would likely be higher.

Only yourselves to blame.

Tim Cook, Apple's COO referred to a G5 Powerbook as "The mother of all challenges" and then refused to comment further.

hmm....doesn't sound good.

 

[macidiot]

Someone else pointed out that Seth from the Motley Fool worries about the stock and I have to agree with him, the stock is wildly overvalued. MS makes billions more and is currently trading around $37 while Apple has been up around $60 since the fall, and that's from $18 a year ago. I wouldn't buy the stock now, not unless it falls below $50 after the traders get bored with it.

However, Apple has been doing outstanding. Kudos.

I wouldn't called it wildy overvalued. Pricey, yes. If you use p/e based on ttm, yes it is wildy overvalued. However, its a misleading ratio. For example, if Apple earnings are flat for the next year, with no sequential growth vs. this most recent quarter, they would make 2.80/share. This would give a forward p/e of only 26 (based on $73/share). Not that expensive at all. If Apple does anything with the mini and shuffle, and grows the rest even marginally, that forward p/e will drop even more.

In other words, barring any major failure, even if you buy the stock at 73, you still be ahead of the game a year from now.

 

[bluesloth]

When I click the listen now button quicktime opens up (like it should) but then displays a dialog saying "couldn't open the file because the file was not found"

It does the same thing for the Keynote broadcast.

Anyone know what the problem might be?

 

[?Hater]

bluesloth---

it ended 30 minutes ago, u missed it. perfect name though!

 

[bluesloth]

I'm more concerned about my loss of functionality of Quicktime.

I still can't view the Keynote presentation. I get the same error message. I don't know if it is related, but I can't view the new iDVD themes at http://www.apple.com/ilife/idvd/theater/newthemes.html

Anyone know of a solution?

 

[iGary]

Good times.

 

[hob]

me too

I'm more concerned about my loss of functionality of Quicktime.

I still can't view the Keynote presentation. I get the same error message. I don't know if it is related, but I can't view the new iDVD themes at http://www.apple.com/ilife/idvd/theater/newthemes.html

Anyone know of a solution?

Just to say - me too! I couldn't open it even at 10pm GMT (which I think was when it started) got the same error as you.

Can you view trailers on Apple Trailers? (I can't)

Where do you live? (London, UK)

Who's your ISP? (NTL:home - BroadBand)

Are you running a firewall or anything?

Hob

 

[bluesloth]

No trailers either.

I am in Oregon. Comcast cable internet. I don't think I have a firewall or anything that would block the connection.

 

[nsb3000]

Tim Cook, Apple's COO referred to a G5 Powerbook as "The mother of all challenges" and then refused to comment further.

hmm....doesn't sound good.

He certainly made it sound like they had no plans for a Powerbook G5. Kind of scary.

 

[deral]

I hope that they make an iTunes version of this like they did last year.

 

[iGary]

Instant banishment for any mention of free iPods and the below-post banner advertisement is for "FREE iPods?"

 

[ASP272]

My friend tried to buy an iPod Shuffle as soon as the store was available and when he finally got through, they were already backordered 1-2 weeks. So me thinks the Shuffle is going to go VERY VERY fast, and we should see even better numbers next quarter. Say goodbye to the competition in the player market!

 

[Evangelion]

* stop ripping off consumers with dodgy currency conversions

Yep. Looking at the Mac Mini for example. It costs $499 and $599 in the USA. Dollar is really weak when compared to Euro (one euro buys over 1.3 dollars), so you could assume that the price in euros would be at least 1:1 to the dollar-price (things usually cost more here). But no! The Mac Mini costs 519e and 619e! That's like $680 and $810! I mean, really?!?!?!?

I'm still going to get one, though .

 

[iGary]

6.4 billion in cash.

 

[wdlove]

6.4 billion in cash.

My hope is that they start using some of this as an increase to R&D. I'm sure that they are trying to be honest about the PowerBook G5. If anyone can overcome the obstacles it's Apple.