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Apple Reports Second Quarter Results

Discussion in 'News' started by malware, Apr 23, 2009.

  1. malware New Member

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    Apple today announced financial results for its fiscal 2009 second quarter ended March 28, 2009. The Company posted revenue of $8.16 billion and a net quarterly profit of $1.21 billion, or $1.33 per diluted share. These results compare to revenue of $7.51 billion and net quarterly profit of $1.05 billion, or $1.16 per diluted share, in the year-ago quarter. Gross margin was 36.4 percent, up from 32.9 percent in the year-ago quarter. International sales accounted for 46 percent of the quarter’s revenue.

    In accordance with the subscription accounting treatment required by GAAP, the Company recognizes revenue and cost of goods sold for iPhone and Apple TV over their estimated economic lives. Adjusting GAAP sales and product costs to eliminate the impact of subscription accounting, the corresponding non-GAAP measures for the quarter are $9.06 billion of “Adjusted Sales” and $1.66 billion of “Adjusted Net Income.”

    Apple sold 2.22 million Macintosh computers during the quarter, representing a three percent unit decline from the year-ago quarter. The Company sold 11.01 million iPods during the quarter, representing three percent unit growth over the year-ago quarter. Quarterly iPhone units sold were 3.79 million representing 123 percent unit growth over the year-ago quarter.

    “We are extremely pleased to report the best non-holiday quarter revenue and earnings in our history,” said Peter Oppenheimer, Apple’s CFO. “Apple’s financial condition remains very robust, with almost $29 billion in cash and marketable securities on our balance sheet. Looking ahead to the third fiscal quarter of 2009, we expect revenue in the range of about $7.7 billion to $7.9 billion and we expect diluted earnings per share in the range of about $.95 to $1.00.”

    Apple will provide live streaming of its Q2 2009 financial results conference call utilizing QuickTime, Apple’s standards-based technology for live and on-demand audio and video streaming. The live webcast will begin at 2:00 p.m. PDT on April 22, 2009 at http://www.apple.com/quicktime/qtv/earningsq209/ and will also be available for replay for approximately two weeks thereafter.

    Click on the Source link for the full report.

    Source: Apple
     
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  2. Mistral

    Mistral

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    Forgive my ignorance but... who the hell keeps buying so many IpODS?
     
  3. DanielF50 New Member

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    Agreed, Apple profits should be going down :|

    There so many better players / phones you can get and people just get brainwashed by their marketing and buy iPods. whadahell ¬_¬
     
  4. Easy Rhino

    Easy Rhino Linux Advocate

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    apple is an amazing marketing machine. their products are very high quality tho.
     
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  5. FatForester New Member

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    The iPod Touches are really fun to play with, but I wouldn't want one as a music device. What really pains me is to find out that people are actually buying the new Shuffle. Proprietary connector, proprietary software, proprietary headphones, no screen, no real controls, and overpriced! When it came out even Engadget thought it was pretty terrible, which should say something. To me it is a complete step backwards as far as actual usability goes. I bought an iPod 30gb video a few years ago and it's still working fine, but I've been eying out the Sansa Clip for a while now.

    Sorry for the rant, but that new Shuffle really gets to me. If they had kept the same general form and controls on the old one and then added a screen it would have been a hit.
     
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  6. iStink

    iStink New Member

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    lots of people keep buying ipods dude. And not only that, they are so happy with their ipods and iphones and their buying experience at the apple store that they go back and browse the laptops or desktops and decide to buy that too.

    Apple's major success can be contributed greatly to the Apple stores that have popped up. Being that they control the hardware their software gets loaded onto, they are in a position unlike Microsoft where PC's are sold anywhere from dell's website to comp USA. People at Apple stores can be far more helpful, supportive, and knowledgeable about the product than a salesperson at a place like bestbuy.

    What irritates me about Apple is the inflated price. They make good computers, but they are TOO expensive for what they do, and they don't have an inexpensive option for people on a budget. Mac users tell me things like, "What do you mean it's overpriced? I really like my computer!" and I tell them for the price, they damn well better.
     
    Last edited: Apr 23, 2009
  7. timta2

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    I feel the same way about Mercedes and BMW. I wish they would make some cars that are the same price as a Hyundai cars but while retaining the quality and engineering. Premium products have premium prices regardless of what product category they are in.

    My wife absolutely loves her new Shuffle. She doesn't care that it doesn't have a screen since the Voiceover feature works so well. She likes where the controls are as they are easy to reach while exercising. Its cheap and sounds great too.
     
  8. Lozza New Member

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    What if I were to say you could get a Hyundai with the exact same engine/speakers/electronics as the BMW/Merc? That'd change things.

    The only special thing about a mac is the badge and the case.
     
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  9. iStink

    iStink New Member

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    Well that's a shame. It would be nice if people responded to my comments without a complete abortion of thought.

    I've discussed this many times with Mac owners. Inevitably they agree osx can be ran on hardware specs far lower than what Apple offers. Think of it this way, the mac book air runs it fine right? Well those specs don't always need to be squeezed into a half inch laptop case. They could definitely offer something more affordable for your average consumer.

    Why do I care? Well I know it sounds weird but I WANT more people to flock to Macs. This will only drive competition for better products on our end. Not cheaper, better.
     
  10. Wile E

    Wile E Power User

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    Apples aren't overpriced for the hardware you get with them, the exception being the notebooks.

    And the Mac Mini is reasonably priced. In fact, it has a better price AND better performance than any Windows Mini PC I've seen in that formfactor.

    And people keep buying iPods because there are a shit-ton of accessories for them (More so than any other PMP on the market), and Apple has a great marketing team.
     
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  11. enaher

    enaher New Member

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    i agree with you mac just as linux still represents a very little piece of the pie, if they were more affordable maybe they would get more, and drive prices of windows down and improve quality of the mayor os vendor, id still like linux to take a bigger part of the market share over osx any day but thats something really difficult at this moment.
     
  12. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

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    Until someone (IBM or Novell probably) starts standardizing components (hardware installation, software installation, removal of said installations, maintenance routines, etc.) of Linux, Linux isn't going to gain any traction.


    Still, it doesn't surprise me Apple is doing well. Except for the memory sector, pretty much all electronic industries are doing exceptionally well considering the economic climate.
     
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  13. Ravenas

    Ravenas

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  14. Easy Rhino

    Easy Rhino Linux Advocate

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    i thought this thread was gonna malform into a flame-war but i guess not :toast:
     
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  15. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

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  16. iStink

    iStink New Member

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    APPEL SUX0RZ MICROSOFT ROOLZ!!! WOO0000T
     
  17. Woody112

    Woody112 New Member

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    Show me one Hyundai with a Benz engine in it. Last time I check Merc built their own engines, Hyundai doesn't. Same with BMW. Speakers that's laughable, Every speaker company makes a lot more than one brand of premium speaker. And any car manufacture will tell you their premium. It's called gullibility. You can always count on human gullibility. Like P.T Barnum said theirs a sucker born every minute. Actual bose speakers for example are only found in a select few of vehicles found here http://www.bose.com/controller?event=VIEW_STATIC_PAGE_EVENT&url=/automotive/index.jsp
    Please do not compare a cheap affordable Hyundai to BMW/Mercedes-Benz.:laugh: The reason cars like Mercedes cost as much as they do is the same reason to an extent Mac's cost so much. Most P.C are manufactured all over the world then parts are brought to one location where the PC is assembled. And in doing so Windows has to function with all these different vendors products. So in essence the products are built to comply with windows OS and other manufactures products, as to were MAC's are made by apple. They make their own boards for starters, their own chip set, even the GPU is pretty much designed by apple. They give Nvidia the spec sheet and that's that. Not the other way around as with windows. Example: Nvidia/ATI design a card to work with windows os produce the card and then were stuck with driver up date after driver up date for the next year, till finally the card works as it should. Mac however has OS-X designed to work with their hardware.
    Think if Intel built computers and owned Microsoft. Or if Microsoft designed boards etc.etc.
    Seriously people this PC/MAC thing has to stop. I love my PC and a lot of people would pry kill to have it. But at the same time I enjoy my MacBook Pro for the simple reason it works. No BSOD's, No random crashes out of no where, no constant updates needed. And it's sexier than my PC:D But I'm not going to sit here and be narrow minded, My PC is a work horse and has made me a lot of money. Hell I just made 800 dollars today thinks to my PC.
    I used to think the same think about mac's with the price and everything till I finally gave in a bought one. Now all photo and video editing is done with it, and then I use my PC to encode the final product if need be.
     
  18. Lozza New Member

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    You didn't really interpret that the way I wanted it to be. What I'm trying to say is that the only special thing about the mac is the aluminium case and maybe the OS, but that is interchangeable so may not count. The insides are the same. Using the car analogy was trying to make things simpler but I guess it wasn't very effective - the stuff said above took it a bit literally.
     
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