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| Joined: | Sun Sep 4th, 2005 |
| Location: | Florida &, Arizona USA |
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The stock prices based on product adversity always rebound based upon product assurance. Additionally, while you talked about billions of "paper" loss on a temporary problems, you forgot to mention that Microsoft's 3rd quarter earnings were dissappointing because they only 16% growth in net profit primarily due to the X-Box disaster and reinvestment in technology.
Just a guess, but perhaps Microsoft's stock price has more to do with the expectations associated with an industry giant rather than true performance delivered to the market. Still to be addressed after all of these posts is the primary issue...............if MAC is overwhelming better, as its followers claim, then why did it move, years ago, from dominant market leader to to a distant also ran follower of the PC and never regain a semblance of its former self. Even before the Windows OS stabilized, the PC left Apple in the dust and never looked back.:D
I am not saying that Apple makes a bad product, but, obviously, in the business world, it is not considered a valuable commodity, on a risk/reward basis for most businesses (and we all know that no company would ever want to cut millions of $ in expenses by getting MAC so they could get rid of these Info Tech departments;)). JMHO
I believe that Apple knows fully well they have lost the battle for the mass home/business computer market, and now the strategic fight between these two is for the music distribution business. Hopefully, Apple won't make the same mistake it did in computers and close its architecture to the rest of the world.
That said.......I know that nothing will ever make an Apple user change to a PC user.......well, except for a great paying job at one of the 95% of the companies' using PC based technology!
mcwright wrote:
Never underestimate the competition. Never underestimate Steve Jobs. While your hero Uncle Bill lost BILLIONS last week in stock value based on reports of further delays of his Vista Operating system, Apple continues to grow a little stronger. Yeah, a measly 4% increase is what you're thinking, but the increase can only be coming from gaining back lost ground and getting new users. Baby steps, they may be, but they are steps up and not not down.
Jacky, Vista is being delayed for the same reasons you are having troubles now. Security issues. Security issues, Security issues. And the beat goes on...
Apple Reports Second Quarter Results
Revenue Grows 34 Percent Year-over-Year; Earnings Increase 41 Percent
CUPERTINO, California—April 19, 2006—Apple® today announced financial results for its fiscal 2006 second quarter ended April 1, 2006. The Company posted revenue of $4.36 billion and a net quarterly profit of $410 million, or $.47 per diluted share. These results compare to revenue of $3.24 billion and a net profit of $290 million, or $.34 per diluted share, in the year-ago quarter. Gross margin was 29.8 percent, equivalent to the year-ago quarter. International sales accounted for 43 percent of the quarter’s revenue.
Apple shipped 1,112,000 Macintosh® computers and 8,526,000 iPods during the quarter, representing 4 percent growth in Macs and 61 percent growth in iPods over the year-ago quarter.
“We’ve generated over $10 billion in revenue and almost $1 billion in earnings in the first half of fiscal 2006,” said Steve Jobs, Apple’s CEO. “Our transition to Intel processors is going very well, and our music business just experienced another quarter of outstanding growth.”
“We’re very pleased to report the second highest quarterly sales in Apple’s history, resulting in year-over-year revenue growth of 34 percent and earnings growth of 41 percent,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the third quarter of fiscal 2006, we expect revenue of about $4.2 to $4.4 billion. We expect GAAP earnings per diluted share of about $.39 to $.43, including an estimated $.04 per share expense impact from non-cash stock-based compensation, translating to non-GAAP EPS of about $.43 to $.47.”
Last edited on Sat May 6th, 2006 08:31 pm by KenC