Who would run Apple If...

[apple2991]

No you guys got it all wrong.

Its going to be ME!!!!!!! First thing i would do is buy freescale semi. second close back the O.S just like the good ole days of os 9. more to come have to keep something secret

You're an idiot.

 

[jacobj]

This is from 3rd quarter 10-Q

Three Months Ended Nine Months Ended
6/26/04 6/28/03 Change 6/26/04 6/28/03 Change
Net Sales by Product:
Power Macintosh net sales (b) $ 332 $ 234 42% $ 1,079 $ 819 32%
PowerBook net sales 435 363 20% 1,170 951 23%
iMac net sales 235 301 (22)% 738 959 (23)%
iBook net sales 261 196 33% 705 563 25%

Total Macintosh net sales 1,263 1,094 15% 3,692 3,292 12%

iPod 249 111 124% 769 224 243%
Other music products (c) 73 12 508% 180 20 800%
Peripherals and other hardware (d) 219 168 30% 678 482 41%
Software (e) 113 90 26% 391 273 43%
Service and other sales (f) 97 70 39% 219 201 9%



Total net sales $ 2,014 $ 1,545 30% $ 5,929 $ 4,492 32%

iPod sales accounted for $249 million + $73 million in music. Mac sales were $1.2 Billion. How are iPods the reason for their profits. These are net sales numbers not profit. I know they help but Apple is not riding on them for profits.


Also for those who think Apple is doing so poorly. I couldn't disagree more. What about the 90's when the economy was booming and they were losing tons of money. They still survived and now they are doing very well. You are saying they are dead?


What is negative about this?

CUPERTINO, California—July 14, 2004—Apple® today announced financial results for its fiscal 2004 third quarter ended June 26, 2004. For the quarter, the Company posted a net profit of $61 million, or $.16 per diluted share. These results compare to a net profit of $19 million, or $.05 per diluted share, in the year-ago quarter. Revenue for the quarter was $2.014 billion, up 30 percent from the year-ago quarter. Gross margin was 27.8 percent, up from 27.7 percent in the year-ago quarter. International sales accounted for 39 percent of the quarter’s revenue.


The quarter’s results include an after-tax restructuring charge of $6 million. Excluding this charge, the Company’s net profit for the quarter would have been $67 million, or $.17 per diluted share.


Apple shipped 876 thousand Macintosh® units and 860 thousand iPods during the quarter, representing a 14 percent increase in CPU units and a 183 percent increase in iPods over the year-ago quarter.


“It was an outstanding quarter—our highest third quarter revenue in eight years,” said Steve Jobs, Apple’s CEO. “Our Mac-based revenue grew a healthy 19 percent, and our music-based revenue grew an incredible 162 percent. We’ve got a strong product portfolio, with some amazing new additions coming later this year.”


“We were very pleased with our 30 percent year-over-year revenue growth and our operating margin expansion,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth quarter of fiscal 2004, we expect revenue of about $2.1 billion and earnings per diluted share of $.16 to $.17, including $.01 per diluted share in restructuring charges.”


Man Apple is doing horrible!
This is another indicator of there poor performace:

http://cbs.marketwatch.com/tools/quotes/intchart.asp?symb=AAPL&siteid=mktw&time=8&freq=1&comp=&compidx=aaaaa%7E0&compind=&uf=0&ma=&maval=&lf=1&lf2=&lf3=&type=2&size=1&txtstyle=&style=&submitted=true&intflavor=basic&origurl=%2Ftools%2Fquotes%2Fintchart.asp

Nice research...

 

[stubeeef]

Although jacobj feels Apple laptop performance is poor, and the hardware is inadequate compared to most wintel based stuff, I'm quessing he won't short the stock!

But then again I wouldn't guess Walmart would sell a million pounds of lindows boxes either! But maybe jacobj, you too think different, and your gauge of performance is not the same as the market share of walmart buyers performance!