Apple profits: Recession? What recession?
iPhone News
quarter ended December 27, 2008. The Company posted record revenue of
$10.17 billion and record net quarterly profit of $1.61 billion, or
$1.78 per diluted share. These results compare to revenue of $9.6
billion and net quarterly profit of $1.58 billion, or $1.76 per diluted
share, in the year-ago quarter. Gross margin was 34.7 percent, equal to
the year-ago quarter. International sales accounted for 46 percent of
the quarter's revenue.
In accordance with the subscription accounting treatment required by
GAAP, the Company recognizes revenue and cost of goods sold for iPhone
and Apple TV over their economic lives. Adjusting GAAP sales and product
costs to eliminate the impact of subscription accounting, the
corresponding non-GAAP measures* for the quarter are $11.8 billion of
"Adjusted Sales" and $2.3 billion of "Adjusted Net Income."
Apple sold 2,524,000 Macintosh computers during the quarter,
representing nine percent unit growth over the year-ago quarter. The
Company sold a record 22,727,000 iPods during the quarter, representing
three percent unit growth over the year-ago quarter. Quarterly iPhone
units sold were 4,363,000, representing 88 percent unit growth over the
year-ago quarter.
"Even in these economically challenging times, we are incredibly
pleased to report our best quarterly revenue and earnings in Apple
history -- surpassing $10 billion in quarterly revenue for the first
time ever," said Steve Jobs, Apple's CEO.
"Our outstanding results generated over $3.6 billion in cash during the
quarter," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the
second fiscal quarter of 2009, we expect revenue in the range of about
$7.6 billion to $8 billion and we expect diluted earnings per share in
the range of about $.90 to $1.00."
Todd Allcock
> Apple today announced financial results for its fiscal 2009 first
> Quarterly iPhone
> units sold were 4,363,000, representing 88 percent unit growth over the
> year-ago quarter.
That's one way to look at iPhone sales...
Here's another:
<http://www.rcrwireless.com/article/20090121/WIRELESS/901219979/1081>
"iPhone 3G sales way down during holidays"
"The first fiscal quarter of 2009, which ended Dec. 27, 2008, saw Apple
selling 4.4 million iPhone 3G units, while in the prior quarter — the
final quarter of fiscal 2008, which ended Sept. 27 — saw Apple selling
6.9 million iPhone 3G units. That’s more than a 36% sequential drop."
If we follow the sales trend from the first iPhone, it's all downhill
from here until Apple launches a new model, or expands into new markets,
now that the sales from pent-up demand and the holidays are behind them.
So, do you think the next iPhone "refresh" will be in June as usual, or
do they push it up ASAP?
Larry
@newsfe01.iad:
Don't confuse him with Non-Apple polishing stories from the koolaid
drinkers. The rosy glasses won't pass those in readable form....
nospam
<elecc...@AnoOspamL.com> wrote:
> That's one way to look at iPhone sales...
>
> Here's another:
>
> <http://www.rcrwireless.com/article/20090121/WIRELESS/901219979/1081>
>
> "iPhone 3G sales way down during holidays"
>
> "The first fiscal quarter of 2009, which ended Dec. 27, 2008, saw Apple
> selling 4.4 million iPhone 3G units, while in the prior quarter — the
> final quarter of fiscal 2008, which ended Sept. 27 — saw Apple selling
> 6.9 million iPhone 3G units. That’s more than a 36% sequential drop."
that's just a leveling off from the initial surge when the 3g was
released. that happens with any new product introduction.
MC
Larry <no...@home.com> wrote:
> Don't confuse him with Non-Apple polishing stories from the koolaid
> drinkers. The rosy glasses won't pass those in readable form....
I'm sure I'm not the first person to ask this, but just WHY do expend so
much energy and time bashing Apple and iPhones?
--
I love words.
- Susannah McCorkle
Your Name
"MC" <cope...@mapca.inter.net> wrote in message
news:copespaz-6ABEF1...@mara100-84.onlink.net...
> In article <Xns9B9BEE0D0B1...@74.209.131.13>,
> Larry <no...@home.com> wrote:
>
> > Don't confuse him with Non-Apple polishing stories from the koolaid
> > drinkers. The rosy glasses won't pass those in readable form....
>
> I'm sure I'm not the first person to ask this, but just WHY do expend so
> much energy and time bashing Apple and iPhones?
Those people own Microsoft shares or are sitting on www.zunephone.com web
addresses. ;-)
Larry
6ABEF1.084...@mara100-84.onlink.net:
> In article <Xns9B9BEE0D0B1...@74.209.131.13>,
> Larry <no...@home.com> wrote:
>
>> Don't confuse him with Non-Apple polishing stories from the koolaid
>> drinkers. The rosy glasses won't pass those in readable form....
>
> I'm sure I'm not the first person to ask this, but just WHY do expend
so
> much energy and time bashing Apple and iPhones?
>
I don't expend much energy just typing. Why I post, as do others, is
because I think the lurkers should have an opportunity to REMOVE the
rosy glasses and stop drinking the koolaid long enough to step back,
before they sign their lives away on some bogus sellphone contract for 2
more years, and THINK, for themselves, about the things "it" is
INCAPABLE of doing, through either design flaws, intentional hobbling
(no streaming, FLASH, etc.) or sellphone company interference.
iPhone is a purposely-hobbled MP3 player, same as iPod, and limited game
machine, with a mediocre, poorly-implemented sellphone that doesn't work
very well on a mediocre GSM system poorly implemented by a hog of a
corporation, ATTWS. It IS a beautiful device, very cheaply made once
you look inside it at its terrible, unchangeable battery, poorly-
implemented antenna system that always ends up with your HAND, a great
RF absorption device to limit its range, between the antennas in the
device and that all-important 1900 Mhz microwave system it must be
connected to for full functionality....one of the many reasons its range
can't compare to other GSM phones that are given away free when you sign
a contract. Its antenna points DOWN in use! Its electronic components
are not exceptional, being off-the-shelf components on a mediocre board
jammed into a too-small box.
Don't you think people SHOULD know it only plays ONE program at a time,
has very few computer functions people take for granted like cut-and-
paste, for instance, and expects the whole internet to suck its teat
with special webpages to overcome its awful browser implementations and
hobbling? I'm sorry, but I think that is important....
What mystifies me is the tremendous shortage of honest evaluations,
especially from places with no ad revenues to lose, pointing these
deficiencies and flaws out....
Larry
@lust.ihug.co.nz:
> Those people own Microsoft shares or are sitting on www.zunephone.com
web
> addresses. ;-)
>
>
In the interest of full disclosure, I sold my Apple shares at the
$190/share price during the dive, at a healthy profit I might add. I
own no shares in any other computer or sellphone company, including
Nokia, and have no pecuinary interest, at the moment or in the past many
months since.
I DO daytrade stocks frequently, to my great delight and profit, usually
in companies that have crashed very hard from their own bloated weight
if a profit seems possible (Enron/Worldcom/etc.). I'm long in
nothing....especially NOW! I'm afraid to hold stocks over the weekends!
I never sell short, only risking my own limited capital and even then,
only capital I've made trading stocks...play money if you will.
Occasionally, I use daytrading profits to just go do something crazy,
but not often as it's more fun to daytrade than gamble as you actually
have some chance to WIN according to your skills.....and some incredibly
dumb luck.
I do not "hate" Bill Gates or any super billionaires who, through their
own cunning and deceit, have "made it", even Steve Jobs. I am envious,
as I am human, in spite of what you may have heard....(c;]
I'm a compassionate Atheist who hates to see innocents overrun and
murdered by the technology I've spent my life repairing and calibrating.
If there were some super alien in the sky, he CERTAINLY would NEVER have
let ANY lawyers put their fingers on any armagheddon button, proof none
exists. "Praying" to such a creature with NO TRANSMITTER is nonsense.
Expecting RECEPTION, not to mention a reply, is the most arrogant thing
I've encountered.
If there ARE any alien life forms, and I truly believe there are many,
they are all just like us, slaves to PHYSICS which STRAND US on this
planet that will never change, or extremely intellegent, so intelligent
they've never tried to contact us, a self-destructive society on the
edge of extinction, so what would be the point?
I love a good English Ale, probably caused by my ancestors' genes
imprinting my gene pool with such a craving....
Your Name
"Larry" <no...@home.com> wrote in message
news:Xns9B9CDA0B992...@74.209.131.13...
And yet despite all those "flaws" the iPhone is STILL lightyears ahead of
anything else out there. Which may well just prove how extremely hopeless
all the others are. :-)
Que es 4phun
> "Larry" <no...@home.com> wrote in message
>
> news:Xns9B9CDA0B992...@74.209.131.13...
>
>
>
> > 6ABEF1.08460723012...@mara100-84.onlink.net:
>
> > > In article <Xns9B9BEE0D0B107noonehome...@74.209.131.13>,
> > > Larry <no...@home.com> wrote:
>
> > >> Don't confuse him with Non-Apple polishing stories from the koolaid
> > >> drinkers. The rosy glasses won't pass those in readable form....
>
> > > I'm sure I'm not the first person to ask this, but just WHY do expend
> > so
> > > much energy and time bashing Apple and iPhones?
>
> > I don't expend much energy just typing. Why I post, as do others, is
>
>
>
> And yet despite all those "flaws" the iPhone is STILL lightyears ahead of
> anything else out there. Which may well just prove how extremely hopeless
> all the others are. :-)
That is why I think it is hilarious to see all the little people who
rant and rave at Apple. Most don't have a clue.
These are the little ones in life who can not stand to see others
promoted on superior merits and try to pull them down to their own
looser - looser level.
Kevin Weaver
news:gle7vg$au4$1...@lust.ihug.co.nz...
Apple is the one that does not have a clue. How long has it been out now 2
years and still no MMS. And the next firmware still wont have it. Where is
the cut and paste ? The list goes on and on.
nospam
<kevinkei...@sbcglobal.net> wrote:
> Apple is the one that does not have a clue. How long has it been out now 2
> years and still no MMS. And the next firmware still wont have it. Where is
> the cut and paste ? The list goes on and on.
how is it that you know what the next firmware will or will not have?
even iphone developers haven't seen a seed in a while.
Larry
> And yet despite all those "flaws" the iPhone is STILL lightyears ahead of
> anything else out there. Which may well just prove how extremely hopeless
> all the others are. :-)
>
>
How so, because it sold? Chevy sold millions of cars that were pieces of
real shit! My father bought them every other year. That didn't make them
wonderful or technological wonders. They were still pieces of shit.
Bugatti makes the finest cars on the planet.....but they don't sell well at
a million dollars each. Are Chevies better than Bugattis because of the
sales numbers? The sales numbers are a credit to M-A-R-K-E-T-I-N-G! A
good salesman, like Steve Jobs, can sell a pig to someone looking for a
toilet plunger....and make him feel wonderful carrying the little piglet to
the car! GM has been doing it....well, until recently....for a hundred
years.
This doesn't prove anything about other, BETTER, phones except the
marketing of iPhone...not to mention the Apple flag waving....is much
better than all the others, at least in niche smartphones.
What's comical is when the fanbois say Apple, with ONE model of smartphone,
is going to crush Nokia or Samsung or any of the big boys in the sellphone
biz. That's just hilarious! Nokia sold more phones this Saturday morning
in the first hour, than Apple will sell iPhones in a decade. They were
little cheap phones at amazing profit margins.
Larry
news:P%zel.11053$W06....@flpi148.ffdc.sbc.com:
> Apple is the one that does not have a clue. How long has it been out
> now 2 years and still no MMS. And the next firmware still wont have
> it. Where is the cut and paste ? The list goes on and on.
>
>
....and I believe the sleeping masses are waking up to these deficiencies
as the "new wears off" the toy.
SMS
> What mystifies me is the tremendous shortage of honest evaluations,
> especially from places with no ad revenues to lose, pointing these
> deficiencies and flaws out....
You're looking at the iPhone as a PDA. It's not a PDA. It's a phone, web
browser, and iPod.
Those buying the iPhone buy it knowing full well that it lacks the
capability of a Blackberry or Windows Mobile device. They know that they
can't run multiple programs, they know that they can't edit Office
documents, and they know about the lack of cut and paste. They probably
aren't aware of the web browser limitations, that they find out after
the fact.
The iPhone has its place. It was never marketed to business or
professional users, but it's an easier to use platform for the casual
user that doesn't care about its limitations.
I've seen plenty of reviews that mention the both the pros and cons of
the iPhone, clearly pointing out the deficiencies in the iPhone, and
also pointing out that other devices don't lack those deficiencies (but
have deficiencies of their own!).
Kevin Weaver
news:240120090200357132%nos...@nospam.invalid...
It was this past week or last that the great 4 phun said it. If he said it,
It must be true. ;)
Your Name
"SMS" <scharf...@geemail.com> wrote in message
news:xMGel.2781$%54....@nlpi070.nbdc.sbc.com...
> Larry wrote:
>
> > What mystifies me is the tremendous shortage of honest evaluations,
> > especially from places with no ad revenues to lose, pointing these
> > deficiencies and flaws out....
>
> You're looking at the iPhone as a PDA. It's not a PDA. It's a phone, web
> browser, and iPod.
Originally Apple said it was an video iPod (first and foremost) that has
added phone and web functions.
Larry
> Originally Apple said it was an video iPod (first and foremost) that has
> added phone and web functions.
>
>
>
I think that was quite honest. Maybe it's the fanbois that think it's a
computer.....??
Your Name
It depends what you need to do. It is a "computer" if all you need is visit
simple web sites, send occasional emails and play a few games, all on the
move. A digital watch is a "computer" if all you need is to tell the time,
have a stopwatch and alarm. :-)