So I study fianacial reports in my spare time...

asparagus

macrumors newbie
Original poster
Sep 4, 2006
15
0
Greetings.

I happened to be analyzing old 10-k's for Apple (Yearly financial reports) and I noticed an interesting tidbit I hadn't realized before - Apple's financial year ends on the last Saturday in September. The Photokina announcement occurs on the Monday the 25th.

Just a tidbit.
 

benthewraith

macrumors 68040
May 27, 2006
3,075
80
Miami, FL
asparagus said:
Greetings.

I happened to be analyzing old 10-k's for Apple (Yearly financial reports) and I noticed an interesting tidbit I hadn't realized before - Apple's financial year ends on the last Saturday in September. The Photokina announcement occurs on the Monday the 25th.

Just a tidbit.
Wow...talk about OT. This is the Macbook/Macbook Pro forum, you know. Also, what's the relevance of posting that? Are you sure you really want to lose your job?
 

WildCowboy

Administrator/Editor
Staff member
Jan 20, 2005
17,205
1,106
benthewraith said:
Are you sure you really want to lose your job?
How is he going to lose his job? You realize that 10-Ks are public documents, right?

That said, yes, it's off-topic, and yes, the OP has discovered absolutely nothing. Product releases aren't driven my artificial calendar constructs. Stuff ships when it's ready.
 

benthewraith

macrumors 68040
May 27, 2006
3,075
80
Miami, FL
WildCowboy said:
How is he going to lose his job? You realize that 10-Ks are public documents, right?

That said, yes, it's off-topic, and yes, the OP has discovered absolutely nothing. Product releases aren't driven my artificial calendar constructs. Stuff ships when it's ready.
Apparently I got mixed up. :eek:
 

thedude110

macrumors 68020
Jun 13, 2005
2,478
2
It is fun to speculate, though, and I don't really see why the "financial report" speculation is any more groundless than a lot of other speculation across the site.

So, here's to your speculating, asparagus (or, more funly, here's to your speculating asparagus!). May it bring us an iNewton or a tablet in a couple of weeks.
 

macjay

macrumors 6502
Oct 3, 2003
366
0
WildCowboy said:
H Product releases aren't driven my artificial calendar constructs. Stuff ships when it's ready.
Are you kidding?

And I suppose that Apple has moved to cheap plastics in their consumer laptops because it's "better?"
 

Project

macrumors 68020
Aug 6, 2005
2,298
0
WildCowboy said:
That said, yes, it's off-topic, and yes, the OP has discovered absolutely nothing. Product releases aren't driven my artificial calendar constructs. Stuff ships when it's ready.
Tell me you are joking :lol

Release now, patch later.
 

WildCowboy

Administrator/Editor
Staff member
Jan 20, 2005
17,205
1,106
macjay said:
Are you kidding?

And I suppose that Apple has moved to cheap plastics in their consumer laptops because it's "better?"
Project said:
Tell me you are joking :lol

Release now, patch later.
Thanks, guys, for calling me on that. I knew what I meant, but I didn't express it clearly at all. What I should have said was that the artificial construct developed for financial reporting purposes has little-to-no effect on a company's product release schedule (unless something that is widely expected at a certain date is delayed).

The Photokina announcement (whatever it may be, expected or unexpected) doesn't have a relation to the end of Apple's financial quarter. If Apple's financial quarter had ended on the 23rd instead of the 30th, would that have changed the date of their announcement? I submit that it would have had no effect whatsoever.

Whether they release it a week before the end of the quarter and book some sales figures for the current quarter or introduce it after the end of the quarter and push all sales into the next quarter, they're basically going to sell the same number of units of widgets. Analysts and investors (the smart ones, at least, which includes the vast majority of the stock-moving power) understand that and won't react any differently whether the release comes before or after the end of the financial quarter.

When a product has been announced for a certain quarter by a company and isn't delivered, that causes problems for investors and analysts. But Apple hasn't promised anything to anyone here, so the market will respond accordingly to the announcement, whenever it comes.