Official Q1 Financial Results Discussion
From TheStreet.com:
iBook sales Up!
Quote:
Prudential analyst Steve Fortuna believes Apple could surpass analysts' expectations next Wednesday because he said holiday demand for its iPod and iBook products was very strong over December. "As a result of strong consumer demand trends, we believe Apple could post modest upside to our $1.89 billion revenue estimate," he said, adding that the chances for an upside earnings surprise are even greater. Apple is expected to post a 14-cent profit in its fiscal first quarter.
Prudential analyst Steve Fortuna believes Apple could surpass analysts' expectations next Wednesday because he said holiday demand for its iPod and iBook products was very strong over December. "As a result of strong consumer demand trends, we believe Apple could post modest upside to our $1.89 billion revenue estimate," he said, adding that the chances for an upside earnings surprise are even greater. Apple is expected to post a 14-cent profit in its fiscal first quarter.
iBook sales Up!
Comments
I'm expecting something more along the lines of $2.05-$2.1 billion, depending on iMac and PB sales. Software (Panther), iPods, iBooks and Powermacs should have very solid numbers.
Hey MacsRGood4U... if you can change the thread title, can you make this the official Q1 Financial Results/Discussion thread? We need one of these about now.
Originally posted by Nebagakid
what does this mean for Apple's (rising) stock?
It means it's going to fall, of course. The market's dumb when it comes to AAPL.
[Done. -Amorph]
iPod = 7%
iMac/eMac = 16%
iBook = 9%
PowerMac = 24%
PowerBook = 20%
(the rest comes from software and peripherals and everything else)
I don't see increased iPod sales really doing that much for their revenues. PowerMacs and PowerBooks on the other hand...
Originally posted by BRussell
I don't see increased iPod sales really doing that much for their revenues. PowerMacs and PowerBooks on the other hand...
($ in millions)
the better iPod sales will increase iPod revenues from $121 to $250. software sales will be higher at around $230. peripherals & other hardware will be slightly lower at $190. this alone will be $670.
i expect iMac sales to be slightly up from $279 to $300 and PowerMac sales from $419 to $570. iBook sales are also up from $154 to $190 and at least the PowerBooks will be up from $348 to $370.
this will result in a total of $2.1B in revenues (compared to Q4'03: $1.7B). i bet on $.19 per share.
Originally posted by MacsRGood4U
Apple stock price continues to rise (over $24 nearing the 12 month high of $25), even after Macworld. Two brokerage firms have upgraded the stock and tomorrow (1/14) should bring some great earnings news.
Followed by a commensurate drop in stock price. Investors are funny about AAPL.
Originally posted by Crusader
Congrats on your iBook Ganondorf. Now we just need Jack over at ATAT to put up the bloody results contest already and we will be good to go.
http://www.appleturns.com/bta/
its up
Originally posted by ipodandimac
as a recent buyer of apple stock, i really looking forward to these results and the rest of the year.
... when did you buy (at what price). and what do you expect?
Originally posted by MacsRGood4U
Also, the HP contract gives them exclusivity on the iPod re-branding. No other computer maker can buy iPods from Apple.
I don't think that's right.
Schiller would not say whether Apple may look to craft similar deals with other computer or electronics makers. While that part of the deal is not exclusive, Schiller said HP's promotion of the iTunes Music Store through its PCs is a "multiyear, exclusive" deal.
(from News.com, emphasis mine)
The way I read that is that Apple can get other resellers of iPods but HP cannot link to other music stores. I guess we'll find out more details later today.