View single post by mcwright
 Posted: Sat May 6th, 2006 02:19 pm
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mcwright



Joined: Wed Sep 28th, 2005
Location: SCOTTSDALE, AZ
Posts: 4759
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 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.”