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Apple Businesses

Apple's Quarterly Results 20

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!
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Apple's Quarterly Results

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  • Revenues for the quarter were $1.5 billion, up 4 percent from the year ago quarter, and gross margins were 27.4 percent, compared to 26.9 percent in the year ago quarter.


  • Dead? (Score:2, Funny)

    by Gaetano ( 142855 )
    "I thought Apple was dead. Hm!"

    -1 Troll. :)
  • I'm glad to hear this good news! Now lets hope that Apple can keep it going strong.
  • So, is this an indicator that the economy has turned around, and people are willing to spend hard earned cash on a good computer system? Or is it the masterful leadership of Jobs that has turned this computer company around?

    Although I do think the economy is playing a part in this, I think that it is more the strong leadership of Jobs who has been able to deliver on the hype, and who has focused the creative talents of his employees to produce an excellent operating system, and some cool looking computers and computing devices.

    • by Surlyboi ( 96917 )
      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.
  • Supposing AAPL earns $0.60/share for the fiscal year ending in September, the stock is trading at 41 times forward earnings. Moreover, I don't see how they can grow more than 20% or so per year, so the stock relatively little upside from here.

    Yes, I think Apple makes great products; and I may buy one later this year. The stock, however, is fully valued.

  • by SocialWorm ( 316263 ) on Wednesday April 17, 2002 @10:57PM (#3363066) Homepage
    Bring out your dead! [clang] Bring out your dead! [clang]

    Here's one.

    I'm not dead!

    'Ere. He says he's not dead!

    Yes, he is.

    I'm not! I had a 40 million dollar profit last quarter!

    He isn't?

    Well, he will be soon. He's very ill.

    I'm getting better!

    No, you're not. You'll be stone dead in a moment.

    To see the original: Bring out your dead. []

    Seriously, I think I made a bad bet [].

  • by freerangegeek ( 451133 ) on Thursday April 18, 2002 @12:42PM (#3366009)
    Given the 'reported' problems [] with the importing the new iMacs and that the units only seem to have been shipping in large quantities [] 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.

The last thing one knows in constructing a work is what to put first. -- Blaise Pascal