Yup. Quicktime is not working here in Florida. Akami (sp.?) must be at fault. Glad to hear the mini problem is not systemic. Just got word a return carton is on its way to me from Apple to replace my "crackling mini".
If there is a problem, it is covered for one year anyway.
Ipods: minis constrained through q3, availibility expected in q4. Aple maybe looking into additional suppliers. No comments on which componenets are causing the problems. Regular ipods have decent supply. Apple refuses to comment on mini #s, so no specifics.
g5 xserves: no chips, hopes to get the out in q3. IBM to ramp up production. The oly problem part is the g5 chip, no other parts.
Retail: 10 new stores, aim for first year profitability. Nothing insteresting to support in tems of updates
Pro product sales have increased 25%. Video production is increaseing greatly, but the Design and print markets are still slow.
iTMS: New albums are getting expensive, beacause the labels are charging extra. No sales targets will be announced anytime soon.
Japan sales: gaining share. Apple has reduced inventory in Japan, and the Ginza store results are grouped with Apple retail results. Some challenges are at the application level (ie Quark) so sales suck.
iBook: very strong numbers, no seasonal declines. Apple expects strong sales to continue
Margins: lots of software sold. Panther and iLife sold well. More direct sales and increased attachments have caused the growth.
Apple stores: 13% to small and medium businesses. up 10% from holidays.
Channel sales: BBY is still selling CPUs in select markets, and they are reviewing results. Most of the increase in channel sales is due to increasing ipod availibility. Education sales are growintg 40% and portable sales increased 50%
Focused on increasing revenue not market share...hmm. Business is business I guess and at the current rate, 2.5 million Macs a year is nothing to sneeze at. It will be enough to hold developers to the platform anyway.
Unit sales are only up 5% year over year, compared with 12-15% growth on the PC side. Apple reduced channel inventory. Apple is focused on increasing revenue, and is not concerned with marketshare growth. Apple believes marketshare should be discounted since Apple doesn't compete in the low end.
Stores have 2-3 weeks of inventory, and Apple is running distribution centers lean.
Commodity parts: notebook LCDs pricing has declined, Memory is getting more expensive. Apple has noticed savings on component pricing.
no comments on lawsuits regarding retail store invoicings
Music store is making a small profit. No comments on future profitability.
Well it happened. Fred just said that the iTMS made a small profit in the last quarter, but it may not continue to show a profit because the labels are raising prices.
He did not say it may not to continue to be profitable because labels are raising profits. He simply said he would not speculate on the future profitability. Methinks you put words into his mouth!
He did not say it may not to continue to be profitable because labels are raising profits. He simply said he would not speculate on the future profitability. Methinks you put words into his mouth!
No, he said that he wouldn't comment because label prices are fluctuating. I can only assume that profitability is in jeopardy because the labels are raising prices that Apple doesn't want to pass on.
There will probably be a sell-off in the morning and then a gradual moving up throughout the day. I'd expect AAPL to finish about where it started the day.
As long as I've been following the stock market in general, I've found that a quick after hours runup is followed by a drop-off the next morning. It then moves back up depending on the quality of the news. AAPL has had relatively good news today for a number of reasons:
It made a profit even while exhibiting some severe supply problems. If they were able to satiate the demand, they would have done much better.
The iPod is continuing to be VERY strong and it means the iTMS will be a major player for some time to come.
The decisions made by the management have proven to be very sound. The iTMS was risky for AAPL. It seems to be working marvelously. If Apple can get their computers up to snuff, which the no doubt will in this quarter, look for a HUGE quarter. HP comes on board at the tail end. The iPod is showing no signs of slowing down (10% growth in a typically weak quarter after a historically strong quarter is a good sign) and new computers always lead to a spike in sales.
Unit sales are only up 5% year over year, compared with 12-15% growth on the PC side. Apple reduced channel inventory. Apple is focused on increasing revenue, and is not concerned with marketshare growth. Apple believes marketshare should be discounted since Apple doesn't compete in the low end.
So Apple doesn't care about their shrinking marketshare? Are they just saying this because the switch campaign failed miserably and aren't willing to try a different method for increasing their 'share? (Like better-valued Macs with much better marketing?)
Comments
Originally posted by MajorMatt
Ach! Ya, I caught that. Something to the affect,
"Is IBM the problem on the 90 nm for the x-serves?"
"Yes."
:O
Makes you wonder why the original G5s took so long to ship.
Originally posted by MacsRGood4U
Yup. Quicktime is not working here in Florida. Akami (sp.?) must be at fault. Glad to hear the mini problem is not systemic. Just got word a return carton is on its way to me from Apple to replace my "crackling mini".
If there is a problem, it is covered for one year anyway.
Ipods: minis constrained through q3, availibility expected in q4. Aple maybe looking into additional suppliers. No comments on which componenets are causing the problems. Regular ipods have decent supply. Apple refuses to comment on mini #s, so no specifics.
g5 xserves: no chips, hopes to get the out in q3. IBM to ramp up production. The oly problem part is the g5 chip, no other parts.
Retail: 10 new stores, aim for first year profitability. Nothing insteresting to support in tems of updates
Pro product sales have increased 25%. Video production is increaseing greatly, but the Design and print markets are still slow.
iTMS: New albums are getting expensive, beacause the labels are charging extra. No sales targets will be announced anytime soon.
Japan sales: gaining share. Apple has reduced inventory in Japan, and the Ginza store results are grouped with Apple retail results. Some challenges are at the application level (ie Quark) so sales suck.
iBook: very strong numbers, no seasonal declines. Apple expects strong sales to continue
Margins: lots of software sold. Panther and iLife sold well. More direct sales and increased attachments have caused the growth.
Apple stores: 13% to small and medium businesses. up 10% from holidays.
Channel sales: BBY is still selling CPUs in select markets, and they are reviewing results. Most of the increase in channel sales is due to increasing ipod availibility. Education sales are growintg 40% and portable sales increased 50%
Hpods still on for summer availibility.
Unit sales are only up 5% year over year, compared with 12-15% growth on the PC side. Apple reduced channel inventory. Apple is focused on increasing revenue, and is not concerned with marketshare growth. Apple believes marketshare should be discounted since Apple doesn't compete in the low end.
Stores have 2-3 weeks of inventory, and Apple is running distribution centers lean.
Commodity parts: notebook LCDs pricing has declined, Memory is getting more expensive. Apple has noticed savings on component pricing.
no comments on lawsuits regarding retail store invoicings
Music store is making a small profit. No comments on future profitability.
Originally posted by jade
emacs: will there be a margin hit....nope! Does this mean that Apple is selling us outdated stuff at the same prices? Hmm.
You must have missed the fact that eMacs are $100 cheaper now. $999 vs. $1099 for the top end.
Besides, who says their margin can take much of a hit? I'd be willing to bet that it's lower than Apple's average margin.
Originally posted by MacsRGood4U
He did not say it may not to continue to be profitable because labels are raising profits. He simply said he would not speculate on the future profitability. Methinks you put words into his mouth!
No, he said that he wouldn't comment because label prices are fluctuating. I can only assume that profitability is in jeopardy because the labels are raising prices that Apple doesn't want to pass on.
Originally posted by ipodandimac
shit! when did it hit that and why is it so low now??? damn my busy schedule today!
These are numbers for after-hours trading, which you can see here:
http://finance.yahoo.com/q/ecn?s=AAPL
It's settled back down some now, but still up nearly 9% for the day.
imagine what they could achieve if they weren't
Originally posted by FormerLurker
These are numbers for after-hours trading, which you can see here:
http://finance.yahoo.com/q/ecn?s=AAPL
It's settled back down some now, but still up nearly 9% for the day.
The last time AAPL passed 30, it was on the way down... in the big Oct 2000 selloff and crash.
Nice.
Originally posted by ast3r3x
Expect crash tomorrow or average trading day?
There will probably be a sell-off in the morning and then a gradual moving up throughout the day. I'd expect AAPL to finish about where it started the day.
As long as I've been following the stock market in general, I've found that a quick after hours runup is followed by a drop-off the next morning. It then moves back up depending on the quality of the news. AAPL has had relatively good news today for a number of reasons:
It made a profit even while exhibiting some severe supply problems. If they were able to satiate the demand, they would have done much better.
The iPod is continuing to be VERY strong and it means the iTMS will be a major player for some time to come.
The decisions made by the management have proven to be very sound. The iTMS was risky for AAPL. It seems to be working marvelously. If Apple can get their computers up to snuff, which the no doubt will in this quarter, look for a HUGE quarter. HP comes on board at the tail end. The iPod is showing no signs of slowing down (10% growth in a typically weak quarter after a historically strong quarter is a good sign) and new computers always lead to a spike in sales.
I'm happy with the results. Go AAPL!
Originally posted by jade
Unit sales are only up 5% year over year, compared with 12-15% growth on the PC side. Apple reduced channel inventory. Apple is focused on increasing revenue, and is not concerned with marketshare growth. Apple believes marketshare should be discounted since Apple doesn't compete in the low end.
So Apple doesn't care about their shrinking marketshare?