101 Comments
- Quix, on 10/12/2007, -6/+42We'll see what tomorrow brings - I've become used to watching AAPL drop after great earnings reports. Strange. To own AAPL one needs an iron stomach.
Nonetheless, this is a great day for Apple. And a bad day for flag564.
Can't wait to see how well the iPhone does. - airwalkery2k, on 10/12/2007, -0/+33Don't you just wish that instead of buying that iPod way back when, you bought 50 shares of Apple instead?
- treed, on 10/12/2007, -0/+26wonderchemist: About a year.
- mvanhorn, on 10/12/2007, -3/+24up to $102.81 in after hours trading right now
- VCAT, on 10/12/2007, -7/+27Hmm, could apple's new growth segment be from *gasp* computers? (36% growth in macs vs year ago quarter)
- Quix, on 10/12/2007, -5/+22Yes, because Microsoft's software has always shined due to its vast programmer horde. :|
I say take some of that money in the bank and drop the prices of entry-level Macs. It's time for a serious market share push (though not through self-destructive massive price slashing a la Dell). - autoy, on 10/12/2007, -6/+21Now, put those earnings into hiring more developers.
- GMorgan, on 10/12/2007, -2/+16"If 1 developer can code a subroutine in 8 hours, how long will it take 10,000 developers?"
A year, they'd spend that long arguing over which IDE to use. At some point somebody would just go ahead and do it in Vi.
@kelly
I call ***** on that. - colincornaby, on 10/12/2007, -2/+16Microsoft isn't going anywhere while Microsoft Office is around.
- mwosh, on 10/12/2007, -0/+14I've owned AAPL for about 3 years now and have seen amazing results. I only wish I had more money to invest.
You can't watch it day to day though. Otherwise you'll be tempted to sell at least twice a week. - lopla, on 10/12/2007, -4/+18Same old story. Apple/Linux fans diss msft fans. Microsoft fans froth at the mouth and have seizures. Pretty funny considering our market share to be irrelevant yet they are in here frothing and driven to the point of unbridled rage. Love every second of it.
Yours Truly,
Vista Sucks - wonderchemist, on 10/12/2007, -2/+15If 1 developer can code a subroutine in 8 hours, how long will it take 10,000 developers?
- frostieDude, on 10/12/2007, -1/+13@lopla
Microsoft does seem to be not having the best time right now to say the least. And it is true that pretty much everything they do loses money except: Windows, Office, SQL, and Exchange.
However, they are still quite profitable and technology companies that have a good sized install base have very long glide paths when they do start to decline.
Apple may kick their ass in the home/consumer market - and is pretty much on the way to doing that, but the home/consumer market has never been Microsoft's strength. Unfortunately for MS, they seem to want to try to grow the company by moving into markets outside of their core competency and just aren't succeeding. This is nothing new for them. For example, they tried and failed to kill Intuit (Quicken) with Microsoft Money. They tried and failed to kill AOL. Google appeared overnight and kicked their asses even after they supposedly woke up and recognized the importance of the internet.
My prediction is that Microsoft will not be able to stop Apple's growth in home/consumer space. Apple will win in multimedia. Microsoft will continue to dominate the business world and Linux will be their main competitor there.
Apple is becoming the new Sony.
Microsoft is becoming the new IBM.
IBM has become the new EDS.
Sony has become the new Atari.
Nintendo has become the new Nintendo. - Sagags, on 10/12/2007, -2/+13If only my grandparents listened to me, I told them they should sell there shares of Hilton Hotels and invest them in Apple in January before mac world, if only the listened to me......
- bigtizzle, on 10/12/2007, -1/+11"Change? Spare change? Spare some change?"
- superkendall, on 10/12/2007, -1/+10I guess you missed the news that the whole thing blew over. Put away the balloons man, that whole thing is done.
- bimtott, on 10/12/2007, -4/+13Buried as duplicate story (every fiscal year since 199x...)
- 3fiddyz, on 10/12/2007, -3/+12Well done Apple, build a better product and they will come. I am certainly a recent convert, and shortly will be getting my first Apple. I hope they keep making good profit and it is put into developing even better products.
- santaliqueur, on 10/12/2007, -5/+13I love ramblings that sound like they came from a 7th grader hopped up on energy drinks.
- cliffzdude, on 10/12/2007, -3/+10"apply rigorous standards of conduct within your product's ecosystem"
Next up, the word "paradigm" for no apparent reason. - lordryan, on 10/12/2007, -0/+7developers....developers...developers! YES!
- zunipus, on 10/12/2007, -1/+8Mac market share in 'The World' is indeed about 3% according to what I have read.
But in the USA it was over to 6% this past fall according to Gartner, who BTW absolutely hate Apple. So if Garner say it, it has to be so factual they can't deny it. Recently there have been quotations of 5% market share in the USA. I have no idea why different stats companies disagree on something as simple as market share. Anyway, I think this 5% figure will be moved up once these new Mac sales figures have been considered. - frostieDude, on 10/12/2007, -0/+7@autoy
Until their new campus is finished, they might have a hard time finding places for a bunch of new developers to sit. - inactive, on 10/12/2007, -1/+8It's a shame they canceled March Christmas this year, isn't it Joe?
- inactive, on 10/12/2007, -0/+7"Microsoft isn't going anywhere while Microsoft Office is around."
yeah... well... microsoft hasn't been going anywhere since about 1993... so, y'know. - superkendall, on 10/12/2007, -3/+10And then back up to $102 and beyond when people realize what the stock can reach if the iPhone is a big hit, or AppleTV is a big hit, or laptops continue to be a big hit, or if iPods continue to be a big hit.
That's why the P/E is high, because Apple has a lot of irons in the fire and only a few of them need to really succeed to keep propelling Apple forward with great velocity. - Ireland, on 10/12/2007, -5/+12I just sold all my shares in AAPL!! I'm typing this on my brand new 2.33 MacBook Pro in my internet ready Airwolf helicopter, flying over Vegas getting my dick sucked by two bitches!!!
- wonderchemist, on 10/12/2007, -5/+11Compared to an *only* 24% increase in iPods vs. to the year-ago quarter.
- superkendall, on 10/12/2007, -1/+7Actually even right after the iPhone announcement, the stock only ever reached $97 or so - and then it took a nap after. Even if you had bought in then, and the very zenith of the buying, when any fool could see buying was a bad idea - even then you'd still be making money now, almost $5 a share in after hours. And what do you think the stock might do when the iPhone actually arrives? (Rhetorical question since I know you imagine there is no way the iPhone can succeed despite demand from many quarters).
- inactive, on 10/12/2007, -6/+12karma in action. treat your customers right (i.e. provide thoughtful products with great industrial design form factors, apply rigorous standards of conduct within your product's ecosystem, weed out predatory software products, provide a secure environment) and your customers will reward you with increased sales, word of mouth advertising, true loyalty, and ongoing affection for your brand.
- superkendall, on 10/12/2007, -1/+7By saying no-one expected Vista to take away from Mac sales, you are also saying that Macs are better than Vista - or otherwise the larger base of software would draw some people away. Are you sure you are saying what you want to be saying?
- kelly, on 10/12/2007, -2/+8Actually the DIY machines don't have any price advantage.
The only way that you could build a machine that would "stomp" the iMac (or any Mac for that matter) is if you bought less and spent less.... or bought the parts that were most important to you. That makes the PC more flexible and is definitely a worthy attribute but it doesn't make it less expensive.
The ONLY way you can price a PC for less money is if you equip it with less, or equip it differently than any of the Macintosh configurations that Apple provides.
Here are some examples:
http://www.systemshootouts.org/ - santaliqueur, on 10/12/2007, -3/+9I agree with what you say, except with the word 'karma'. It's just good business.
- aristotle0dude, on 10/12/2007, -0/+6@colincornaby: You are right. MSFT Stock has been stagnant around 30 bucks a share since the last 2:1 split in February of 2003. Not a whole lot of activity although they have been paying out dividends every few months.
- superkendall, on 10/12/2007, -2/+7That has been the key so far, Apple has been very good at understanding the importance of R&D and adding value to products across the line.
- zunipus, on 10/12/2007, -0/+5Don't count your failures before they hatch. MS has lots of money to burn through before they hit bankruptcy.
Also, this 'MS are a gonna die!' routine is so deja vu of all the death knells that have been rung regarding Apple. They are meaningless. I fully expect MS will be around screwing over the world for many years to come. Believe me, I think the sooner MS are gone the sooner the computer world can move on into a better future. They clearly have been a parasite upon us all and have held us back, here in the Stone Age of Computing. But plan on them sticking around, floundering though they are.
What is actually more predictable is a stockholder coup, throwing out the current management and bringing in a new MS management culture. This is usually the result of stagnating stock. And MS stock is most definitely stagnating, despite all of Ballmer's attempts to break into new markets that can actually turn a profit. - mrl14, on 10/12/2007, -20/+25incredible!
- Zippo, on 10/12/2007, -0/+5Entry level... like the Mac Mini and 17" iMac...?
- superkendall, on 10/12/2007, -1/+6Try short selling tomorrow if you really believe your philosophy.
- zunipus, on 10/12/2007, -2/+6"Seriously though, more businesses are just waiting for Vista SP1 than anything else,"
That is a good point. I definitely agree. There are over 500 listed bugs in this first release of Vista, and a considerable list of incompatibility problems. There are other problems as well, but you get the idea.
" "switching" isn't even an option. Using Macs in a large enterprise is a gigantic pain in the ass."
No actually. Macs are less expensive to support than Windows PC machines by a ratio as high as 10:1. Switching is not only an option, it saves money and provides ease of use and support.
Where the Mac is NOT useful in the Enterprise is the fact that most of the Enterprise specific applications have only been written to work with Windows. I personally find this to be a complex subject, and I can understand the follow-the-herd behavior that is inherent here.
But the fact is that IF Windows PC machine can be replaced by Macs in any Enterprise environment it ALWAYS pays off. This has been shown countless times in professional studies.
Pre-Mac OS X 10.4 Apple have done some major blundering supporting Microsoft networking protocols. In one respect this is Apple's fault. They kept 'saying' that earlier versions of MOSX worked perfectly in Windows networks, and yet they kept messing up. Thus the consistent market for software like 'DAVE' that actually fixed what Apple had screwed up. But you also have to point a finger at Microsoft, who absolutely love to hide APIs from everyone, including Windows developers, to their own benefit. Developers like Apple have to do a lot of guesswork to figure out how perfect compatibility. Thankfully Mac OS X 10.4 finally got it and has had no major problems working with Windows networks.
"IAMSE
(I am a Mac System Admin)"
After proving your ignorance in your statement quoted above, I would not advertise yourself as a Mac System Admin. You clearly need some training. I pity the folks you work for, if indeed you are not trolling us with a lie. - blackmassacer, on 10/12/2007, -0/+4@quix Thats because after a stock suddenly goes up some people will sell a portion of their holdings in order to make some immediate profit but shouldn't ever result in a very heavy dip. it will most likely be down like 2-3 percent on friday
- deadbaby, on 10/12/2007, -0/+3"The price of a Mac is nowhere near as cheap as the price of an equal Windows Machine"
...and a meal at Burger King is cheaper than a meal at a five star restaurant. Don't be so quick to dismiss the appeal of quality.
There will always be people who just want the cheapest machine out there but, increasingly, there are a lot of people who don't mind spending an extra $200 to get some extra perks. - zackkitzmiller, on 10/12/2007, -2/+5-=|Mgkwho
I wish there was a block list for every form on the internet. If there was, you'd be on it. - kelly, on 10/12/2007, -0/+3You're not paying extra for quality. That's just icing on the cake.
You're paying LESS for higher quality but you have fewer options to choose from. - origclubsoda, on 10/12/2007, -2/+5Thats why you are broke.
- johnnybluejeans, on 10/12/2007, -1/+4Funny to read these responses. This morning I thought to myself, "Uh oh, it's earnings day... Better not look at my Apple shares for a couple weeks or so." Having purchased the stock a few years ago at $16 (split adjusted) per share I've seen it tumble every single earnings call even though each brought news of record breaking profits.
I got a call from my father (who has been kicking himself for not investing in Apple even though I constantly tell him to) this evening. "You still have your shares of Apple?" ... My heart sinks, I can only think of the great drop he is about to tell me about.
"$101 a share this evening" - robshoy, on 10/12/2007, -0/+2Apple is just teasing my vision that one days Macs will overpower PC's in market share, that's all. T_T
- Aleks, on 10/12/2007, -0/+2I know there's only 5% of us but we don't give a ***** about ***** games.
- moudig, on 10/12/2007, -0/+2Not even Leopard effect.
Cyclic sales.
Q4 (July-September): Back-to-school
Q1 (October-December): X-mas
Q2, Q3: weak quarters
Strongest quarter for macs - usually Q4, closely followed by Q1 - FABC, on 10/12/2007, -3/+5It will drop back below 100 tomorrow or pre-market when people start cashing in their profit...
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