Apple Financials — page 9
203 posts filed under Apple Financials
Mac Sales Growth in Excess of 100-percent in January
Pacific Crest Securities reported on Thursday that Apple's Mac computers saw year-over-year growth in excess of 100 percent during January 2007. In a research note the company cited NPD market research which indicated that year-over-year growth in Mac unit sales increased to 101-percent in January…
Apple Suffers as US Stocks Plummet
American stocks have plummeted to their worst one-day performance since the September 11th terrorist attacks in 2001. The Dow Jones lost 200 points in just one-minute at around 3pm today. The drops come as an aftermath of drops in the Chinese economy with the Shanghai…
In Brief: iTunes 7.0.2 on Vista, Disney Sells 1.3 Million Movies, Apple Receives Requests for Documents
iTunes 7.0.2 on Vista Apple has published a guide as well as tool to aid in the installation of iTunes on Microsoft Windows Vista. The guide encourages users to wait "a few weeks" until the next version of iTunes becomes available. Apple lists some of…
Stock Falls, Targets Rise
Following yesterdays financial results the market has reacted badly, to less than expected Mac shipments. But almost every analyst has raised their price targets. During Apple's first fiscal quarter of 2007 the company shipped 1,606,000 Macs, around 300,000 less then expected by some analysts. Also…
Notes from Apple Q1-2007 Conference Call
Apple Financial Results Conference call notes for Q1-2007. Apple shipped 21,066,000 iPods in the quarter, 50% growth YOY Apple shipped 1,606,000 Macs in the quarter, 28% growth YOY International sales accounted for 42 percent of the quarter’s revenue. Gross margin was 31.2 percent, up from…
Apple Posts Record Profit for First Quarter Results
Apple Inc. announced today its results for fiscal 2007 first quarter ended December 30, 2006. The company posted revenue of $7.1 billion and a record net quarterly profit of $1.0 billion, or $1.14 per diluted share. These results compare to revenue of $5.7 billion and…
Apple Stock Ready to Split?
After last weeks iPhone announcement at Macworld Apple's share price has been been slowly rising, is it time that the stock was split? In just 4 hours (22.00 GMT, 14.00 PST) the company will report its fiscal first quarter results which are expected to stun…
Apple to Reveal First Quarter Results
Apple is set to reveal it's financial year 2007 first quarter results at a conference call on Wednesday 17 at 2:00 p.m. PST/5:00 p.m. EST. The results will reveal the companies earnings as well as sales figures of Macs and iPods over the holiday period…
Apple Renews Commitment to Retail Strategy
AppleInsider has posted an insightful article into the current state of Apple Retail with facts gained from Apple's recent SEC filing . The report states that Apple is fast approaching $1 billion of total store lease commitments and intends to use $360 million in capital…
Apple Restates Earnings Back to 2002 Following Options Review
Apple today released it's Form 10-K which restates earnings back to 2002 to account for backdated stock-option grants. Apple adjusted its results by $4 million for the fiscal year of 2006, $7 million for 2005, and $10 million for 2004. In the filing Apple said…
Apple Delays Annual Report Due to Stock Options Probe
Apple reported to the SEC Friday that it was unable to file its Form 10-K for the 2006 fiscal year as a result of the ongoing probe into stock options irregularities. The company reiterated to the Securities and Exchange Commission that it needs to the…
Apple Stock Breaks $90
For the third time in just seven days, Apple's shares closed at an all time high of $90.31, up $1.71 on a volume of 23,831,895 shares. The steep rise in stock price appears to be associated to positive views from analysts that believe Apple will…
Quarter Four 2006 Financial Results Summary
Best Mac sales on any quarter ever Profit margin 12.4% Macs were 54% of total revenue Unprecedented demand for portable computers, over 60% of total Mac shipments were portable Macs Channel inventory of iPods was within range of 5-6 weeks iTunes accounts for 85% of…
Apple Posts Preliminary Quarter Four Results
Apple has just posted it's Fourth Quarter financial results ending September 20 2006, but states "These preliminary results may be subject to significant adjustment as a result of a likely restatement of historical results." The Company posted revenue of $4.84 billion and net quarterly profit…
Financial Year, Fourth Quarter 2006 Conference Call
As previously reported Apple is hosting its Fourth Quarter Financial Results conference call later today. The conference call can be listened to here , the call will begin at 14.00 PDT, 17.00 EST and 22.00 BST. World of Apple will provide an update of all…
Apple Set to Dazzle Wall Street
With Apple's Quarter 4 earnings report to take place this Wednesday analysts are betting on what Apple will announce. Apple looks set to outperform its own guidance of $4.5 billion to $4.6 billion in revenue with earnings per share between 46 cents and 48 cents…
Stock Option Investigation Yields Results
Apple today released a press release containing information about the recent stock option investigation which lasted 3 months. The special committee of outside directors, together with independent counsel and accountants, examined more than 650,000 emails and documents, and conducted interviews with more than 40 current…
Apple to Reveal Q4 Results October 18
Apple today announced that it will reveal its Quarter 4 Financial Results on October 18. The company is believed to reflect upon the year as a whole and the success of 2006. Apple is also expected to speak about the stock options irregularities which have…
Apple Requests NASDAQ Hearing Over Stock Option Troubles
On Friday Apple announced that it will request a hearing before the NASDAQ Listing Qualifications Panel, the company is responding to a letter from NASDAQ claiming that Apple is not in compliance with the filing requirements for continued listing as set forth by Marketplace Rule…
Apple Q3 Conference Call Notes
Below are notes from today's Live Conference Call discussing the Q3 2006 financial results. (In reverse chronological - brought to you by MDN ) End of conference call. Once again: Apple is very confident in and excited about the products in the pipeline. Music phones…