Apple Reports $19 Million Profit for Q3 106
pinqkandi writes "Apple released it's quarter three results today, which revealed a $19 million net profit ($0.05/diluted shared). Revenue reached $1.545 billion as 771,000 Macs were shipped. CEO Steve Jobs called it 'a great new product quarter', citing the new generation of iPods, iTunes Music Store, and the PowerMac G5."
Re:If only that translated (Score:2, Insightful)
READ BEFORE YOU MODERATE!
Re:If only that translated (Score:2)
Re:If only that translated (Score:1)
Re:If only that translated (Score:2)
I would think power consumption would be an issue as well with the G5, but that's just a guess I don't really understand or know anything about process. arch.
G5 Laptops Highly Unlikely (Score:3, Informative)
However, it is unlikely we'll see G5 laptops anytime soon. The current IBM 970 chips run way, way too hot. Until a low-power version of the G5 is designed, expect G3's and G4's to continue to be the chips in laptops for some time.
Re:G5 Laptops Highly Unlikely (Score:2, Insightful)
Furthermore, if we have a situations where the most useful software runs better only on desktops, it's going to irritate the many Mac users who find desktops impractical. For example, electronic musicians are unlikel
Re:G5 Laptops Highly Unlikely (Score:2, Insightful)
Re:G5 Laptops Highly Unlikely (Score:2, Informative)
More to the point, if you're toting a Marshall head then you are probably also carrying at least 1 4x12 speaker cabinet, which makes even the head feel portable.
Re:G5 Laptops Highly Unlikely (Score:2)
It has been a good year. (Score:5, Interesting)
And on an unrelated note, this may be a First Post.
Re:It has been a good year. (Score:2, Insightful)
Re:It has been a good year. (Score:5, Insightful)
Whatever happened to the bunnymen? (Score:1)
When is the last time you saw an Intel or M$ commercial (what did happen to those funny Intel guys in cleanroom suits?)
They got laughed off the TV from all the non-Intel zealots. The only thing more embarassing than a white guy doing the Hustle was a white guy wearing a dorky cleanroom suit doing the Hustle.
And calling them "bunnymen" certainly didn't help.
Re:It has been a good year. (Score:4, Insightful)
It's all a matter of who Linux is suited for and targeted at. Linux is a great operating system that kicks ass as a server platform and is great for many tasks but it is not really an operating system for the masses, no matter how great the strides have been in attempting to make it so. It is because of this that there aren't droves of non-technically inclined people rushing to it. This doesn't make Linux any less great, it just means that you won't see it pushing other operating systems off the desktop just yet.
As for MacOS, it is designed especially for the non-techs with the addition of a stable BSD and Mach core for the techs. It tries to give the best of both worlds to its users without sacrificing much of either and it succeeds fairly admirably. In addition Apple seems to be smart enough not to try to compete with any of the other minor platforms but instead tries to work with and even enhance them by giving back code and working on free (speech, beer...whatever) projects.
Re:It has been a good year. (Score:4, Interesting)
For example...Apple then:
They sold computers. Sure they sold the OS and a few other things (monitors, other software, etc), but that was it.
Apple now:
Computers. And laptops which are definitely helping them gain some market share again. And MORE software such as Safari (even though it's free...who would have guessed they'd do something like that?), Keynote (you brave bastards), FinalCut Pro (do I really need to talk about their high-end software?), everything in their iLife bundle.
Better yet...the iPod. Shnikeys! They're making some good money off that. It's new hardware that's not a computer. And good money.
iTunes Music Service...for something that only serves 3% (who knows what the real number is...it changes daily) of the market, they're doing DAMN good with that. Imagine when it comes out for the PC.
It's funny to compare the Apple of today to the one of yesterday. Worlds apart.
Re:It has been a good year. (Score:3, Insightful)
Remember, Apple used to sell its own Monitors, printers, scanners, digital cameras, PDAs, external hard drives, external CD drives and more.
What they're really done is move out of the over-populated peripherals markets (such as scanners and printers, which they didn't manufacture anyway, the printers were just rebranded Canons or HPs) and focus on key innovative hardware (the iPod), and softwa
Re:It has been a good year. (Score:2, Informative)
Dirty MP3 pirates paying for music???? (Score:1)
2) Give them what they want
3) Profit!
Re:Dirty MP3 pirates paying for music???? (Score:4, Insightful)
1) Listen to customers.
2) Sell them what they want.
3) Profit.
See the difference?
Re:Dirty MP3 pirates paying for music???? (Score:2)
Profit for 1 reason (Score:5, Insightful)
Re:Profit for 1 reason (Score:1, Informative)
Your comment is so unintelligible, it makes me sick.
Re:Profit for 1 reason (Score:1)
Re:Profit for 1 reason (Score:2)
Re:Profit for 1 reason (Score:1)
Re:Profit for 1 reason (Score:2)
Re:Profit for 1 reason (Score:2, Informative)
Re:Profit for 1 reason (Score:5, Insightful)
Each of these take significant investments. The G5 line has not made a single dollar of profit yet, but must have consumed a lot of NRE dollars. This is precisely the stage where companies lose money developing new products, so Apple is just lucky that they have huge reserves to still turn a small profit.
All in all, your observation is rather cynical. It's almost as if you're suggesting that Apple would be a better company if they just laid everybody off, and turn a nearly guaranteed profit each quarter from bank interest.
Re:Profit for 1 reason (Score:2)
That was *last* quarter (Score:4, Informative)
Re:Profit for 1 reason (Score:3, Informative)
Re:Profit for 1 reason (Score:2)
And than goodness for it - they might not otherwise be able to plow so much dough into R&D.
Low revenue? (Score:3, Interesting)
Re:Low revenue? (Score:2, Insightful)
Re:Low revenue? (Score:1)
I was gonna call bullshit on you, seeing as how Dell does far less R&D than Apple, but, on second thought, you're probably right - Dell must spend as much money on 'Dude, get a Dell' ads as Apple does writing OSX.
Re:Low revenue? (Score:5, Funny)
I'd say we should be ecstatic that the number was positive, regardless of magnitude. This means, at a minimum, Apple is stable in the near-term and won't disappear in a vapor in a bankrupcy court anytime soon. As long as they stay afloat, they can keep sticking irritating glass fibers into Microsoft's pale skin.
Yeah, you're right! (Score:2)
Re:Yeah, you're right! (Score:2)
Re:Low revenue? (Score:2)
I love apple, but... (Score:1)
Re:I love apple, but... (Score:1)
And don't forget... (Score:3, Insightful)
...the economy. A lot of people are tightening their belts, and are not in the mood to buy anything from anyone. For any tech company to be making any sort of profit in this climate is a minor miracle in and of itself.
Re:I love apple, but... (Score:5, Insightful)
A little confusion over who's money it is? The investors quite literaly own the company and it is their money, their company and it is (supposed to be & is legally obligated to be) run for their benefit. Actually, stictly speaking they ARE the company - a collective body of individuals (the shareholders) that in a limited way can legally act as though they were a single individual (to do things like hire you to make them more money). They are usually more than happy letting you reinvest their profits if it will lead to a bigger, healthier, MORE PROFITABLE company in the future but that is a very different thing froms saying profit is "money wasted" and that it is better to inveset than "give it away to shareholders".
Re:I love apple, but... (Score:3, Informative)
You said that profits are a waste and that the $$$ should be reinvested to grow the company. For what reason the company should grow is unclear, it appears to you to be an end unto itself. I said to the contrary that profits are the entire point and that if you do choose to reinvest it would be towards then end of having even more profits to pocket.
I am convinced that some of the prob
Re:I love apple, but... (Score:2)
Assuming that money can be reinvested more profitably than the shareholders could, you're right.
For a growing company, that's a good strategy. For a company that can't use that money to grow faster than the investors could grow the money (compensating for the taxes the investors would pay) its better to distribute the money to investors.
Notice that Microsoft now has a dividend... that tells you something about their future ability to grow using the $40 billion they have. Apple has great prospects for gr
Re:I love apple, but... (Score:1)
http://www.apple.com/switch/
Mac Units? (Score:3, Interesting)
Re:Mac Units? (Score:5, Informative)
The iPods are considered "Peripherals & Other HW"
The 771,000 doesn't include iPods...it's only PowerMacs, Powerbooks, iBooks, and iMacs (the eMacs are part of the iMac numbers, the server units, ie XServer is part of the PowerMac units).
The breakdown is like this (in the thousands, of course):
iMac: 256
iBook:133
Power Mac G4: 156
PowerBook: 166
Them iPod Snobs (Score:3, Funny)
don't it make you sick?
Goin' all around,
enjoyin' they music.
They listen on the bus,
they listen on the plain.
Showin' off for all to see,
ain't it just a pain?
Look at all those iPod Snobs,
owning one is wrong.
They can load enough to play
three weeks worth of songs!
How to be a iPod Snob,
it's not very hard.
Go to Apple's Store,
and charge it on your card.
Re:you stole my sig! (Score:2)
Re:Them iPod Snobs (Score:1)
Take a good look at me...."
(from Sham 69's best album. 1979)
Re:Haha (Score:4, Insightful)
It doesn't seem sad at all.
Re:Haha (Score:3, Insightful)
In 4 years that would be rougly 12 million units.
Apple hardware tends to last 4 years so nice guaranteed business.
Assuming interest peaks as the job market goes from the Abyss back to normalcy and people start spending money you'll see more of a surge in purchases as more and more compelling pieces of software keep surfacing with each innovation.
Being Porsche has never been being Ford, but everyone would love to own a Porsche and outsi
Apple has 2.3% market share? (Score:2)
OS X and Apple Stores are working... (Score:5, Insightful)
From Investor's Business Daily [yahoo.com]:
This says to me that xServe isn't managing to push the Mac into the business server market, but OS X and nifty hardware have lead to a major jump in consumer sales.
However, compared to last year... (Score:2)
These results compare to a net profit of $32 million, or $.09 per diluted share, in the year-ago quarter.
Errors in posting (Score:1, Funny)
A long road still ahead (Score:2)
Remember that 10 years ago Apple was the #1 PC maker, with about 20% market share. That's where they need to reach again before the calls of "beleagured" will stop.
Re:A long road still ahead (Score:3, Informative)
But you are very right in apple still has a LONG road ahead, hopefuly apple from one side, Linux from the other and the PC market can be broken into three dominant platforms. ;)
Hey, I can dream can't I?
What's the third platform? (Score:1)
2. Apple for people who are willing to pay for that extra TLC.
3. ???
That's two. What's the third dominant platform?
It can't be BSD. BSD is dead. I know that because I read it in the Slashdot postings. (That was sarcasm. I doubt the home consumer will move to the major variations. Apple has the ease-of-use version, and Linux has the mindshare. Where's the RedHat and SuSE companies pushing the other BSDs?)
If you've read my other posts, you'll see rational reas
Music is Apple's Future (Score:5, Insightful)
Apple's growth prospects are all wrapped up in Music.
So outlook for growth in Apple profits is tied strongly to its music business, much more so than computer sales.
Best,
-jimbo
Re:my mac is simply too slow (Score:1)
Re:my mac is simply too slow (Score:4, Informative)
I've passed gigabytes from my PowerBook G4/1ghz to my LaCie 200gb FireWire drive in less time than that, and generally I've found performance of internal drives is much better than external.
I would bring your system to an Apple Store and ask the Genius Bar people to take a look at it.
That being said, in my experience, the speed of a Mac isn't much different from PC speed one way or the other, and the aesthetics are a great deal more attractive. I find it more enjoyable to use a Mac, and that pretty much closes off debate for me.
Hope that helps.
D
Re:my mac is simply too slow (Score:1)
This was fixed rather rapidly, but if someone is complaining about Firewire speeds on a Powerbook G4, ask if its a Rev. A before correcting them. It may be true.
Re:my mac is simply too slow (Score:1)
This guy is just going around posting his form letter about how other architectures suck, only changing small details between each post.
How Trollish!
Nice catch, guy! (Score:2)
Great work!
D
Re:Nice catch, guy! (Score:2)
I'm hoping that the warmer weather of late will entice him/her/it out of the basement for a little while.
Re:my mac is simply too slow (Score:1, Funny)
Re:my mac is simply too slow (Score:1)
I always wonder if this is a Mac guy, laughing his ass off everytime he reels another in
Re:my mac is simply too slow (Score:1)
1. So you have a 1400 MHz machine huh? Wow. Did you underclock your 1420? Or did you build a new mac yourself with a custom G4? Strike one.
2. All current powermacs use 7200 rpm Ultra ATA hard drives, meaning about 100 MB/s. So your 20 megs shouldn't take 20 minutes, it should take 1/20 of a second. Strike 2.
3. This troll can be seen in Linux articles, BSD articles, and other mac articles (with simpletext instead of TextEdit)
Re:my mac is simply too slow (Score:3, Informative)
Really? Can you provide some real world benchmarks to back that up? Most 7,200rpm IDE drives provide around 7MB/s write 20MB/s read speeds (sometimes more for linear read / writes or cache hits), nowhere near the maximum theoretical speed of the interface. Actually, you an be glad of that, since a 32bit 33MHz PCI bus only has a little
Re:my mac is simply too slow (Score:1)
Huh? The IDE and PCI buses are completely separate on Macs.
Ah! so you /do/ read your followup posts Mr Troll! (Score:3, Informative)
Well corrected; you even capitalised it correctly, although I suspect you just cut and pasted from one of the replies to your troll.
You really are a bizarre person, I imagine that y