Apple's Quarterly Results

Juanvaldes writes "Apple posts $40 million profit for the second quarter on revenues of 1.5 billion up 4% from this quarter last year..." I thought Apple was dead. Hm!

Re:Economy or Jobs?

[Surlyboi]

Careful, someone might accuse you of being under the
influence of the Reality Distortion Field

Still I agree with you, I don't think it's the
economy picking back up. (Actually, it's not so
much picked up as bottomed out, but I digress...)
Apple's been turning in decent quarterly results
since the downturn started. They must be doing
something right.

Re:And you people said Apple was overpriced...

[Aniquel]

Naw. Gross margins are the difference between net (absolute total) sales and cost of goods sold. What's more interesting about this is that gross margins are higher, which is good, revenue is higher (which is also good), but then earnings per share is down (arguably bad). So Apple the company seems to be doing good (w/ 4.3 billion in CA$H), but it wouldn't seem to be a great investment. Unless, of course, you bought it 10 years ago.

Re:And you people said Apple was overpriced...

[presearch]

Unless, of course, you bought it 10 years ago.

...and sold it two years ago.

During a 'shipment limited' quarter too!

[freerangegeek]

Given the 'reported' problems [slashdot.org] with the importing the new iMacs and that the units only seem to have been shipping in large quantities [apple.com] in the last month or so, I think this is amazingly good news. With the new 10G iPod and the ability to ship iMacs at rate, I suspect Q2 is going to be prettty damn amazing for apple.

Remember folks, almost every other home computer company is really struggling to make numbers these days. Apple made them with production problems.