That is indeed what it says on Apple's conference call page. I don't know if they have always had this disclaimer but I would guess it isn't much different from things that were there before. Standard stuff perhaps? Anyone?
ET I think stands for Eastern Standard Time. So 5pm is not European Time: It should be 10pm in London, I believe, and 11pm in Paris. Someone out there correct me if I'm wrong: I know you will
40% were notebooks. God the towers are really dragging ass.
Quote:
Apple(R) (Nasdaq: AAPL) today announced financial results for its fiscal 2003 second quarter ended March 29, 2003. For the quarter, the Company posted a net profit of $14 million, or $.04 per diluted share. These results compare to a net profit of $40 million, or $.11 per diluted share, in the year-ago quarter.
Revenues for the quarter were $1.475 billion, down 1 percent from the year-ago quarter, and gross margins were 28.3 percent, up from 27.4 percent in the year-ago quarter. International sales accounted for 47 percent of the quarter's revenues.
Apple shipped 711,000 Macintosh(R) units during the quarter.
"Our 'year of the notebook' is off to a great start, led by the incredible demand for our new aluminum 12-inch and 17-inch PowerBook G4s," said Steve Jobs, Apple's CEO. "This quarter over 40 percent of the Macs we shipped were notebooks -- our highest percentage ever and well ahead of the industry average."
"We are very pleased to have achieved our revenue target for the second quarter while maintaining channel inventories under 4.5 weeks," said Fred Anderson, Apple's CFO. "Continued strong asset management enabled us to increase cash to over $4.5 billion. Looking ahead to the third quarter of 2003, we expect revenue to be relatively flat with the March quarter and expect a slight profit for the quarter."
Comments
Originally posted by T'hain Esh Kelch
Does Apple's page always say that?
And 5 pm ET, is that European time...?
That is indeed what it says on Apple's conference call page. I don't know if they have always had this disclaimer but I would guess it isn't much different from things that were there before. Standard stuff perhaps? Anyone?
ET I think stands for Eastern Standard Time. So 5pm is not European Time: It should be 10pm in London, I believe, and 11pm in Paris. Someone out there correct me if I'm wrong: I know you will
Originally posted by T'hain Esh Kelch
Does Apple's page always say that?
And 5 pm ET, is that European time...?
US Eastern Time. Add about 5 hours to that to get European time.
.04¢ per share. Not good.
711,000 Mac's shipped.
That's the lowest since Q4 of 2000.
40% were notebooks. God the towers are really dragging ass.
Apple(R) (Nasdaq: AAPL) today announced financial results for its fiscal 2003 second quarter ended March 29, 2003. For the quarter, the Company posted a net profit of $14 million, or $.04 per diluted share. These results compare to a net profit of $40 million, or $.11 per diluted share, in the year-ago quarter.
Revenues for the quarter were $1.475 billion, down 1 percent from the year-ago quarter, and gross margins were 28.3 percent, up from 27.4 percent in the year-ago quarter. International sales accounted for 47 percent of the quarter's revenues.
Apple shipped 711,000 Macintosh(R) units during the quarter.
"Our 'year of the notebook' is off to a great start, led by the incredible demand for our new aluminum 12-inch and 17-inch PowerBook G4s," said Steve Jobs, Apple's CEO. "This quarter over 40 percent of the Macs we shipped were notebooks -- our highest percentage ever and well ahead of the industry average."
"We are very pleased to have achieved our revenue target for the second quarter while maintaining channel inventories under 4.5 weeks," said Fred Anderson, Apple's CFO. "Continued strong asset management enabled us to increase cash to over $4.5 billion. Looking ahead to the third quarter of 2003, we expect revenue to be relatively flat with the March quarter and expect a slight profit for the quarter."