105 Comments
- SyDIGG, on 10/12/2007, -7/+38Phil ...no Bush did not lower Apple's tax rate or any other one company's tax rate. Yes he lowered tax rate for business ...all business. Get real.
- wordsofwisedumb, on 10/12/2007, -9/+34Liberals are not against profits at all. I don't understand the logic behind that statement.
- judgeFire, on 10/12/2007, -5/+24And this was supposed to be a weak quarter, with still no new desktop Mac Pros, no amazing new iPod and Leopard still on the horizon. Not a holiday season, not yet the back-to-school season and on top of that a technological transition period with 'huge consumer uncertainty'. /fud
- elebrio, on 10/12/2007, -1/+14WHy does an article about apples profits turn into a diatribe about bush, tax rates, and wealth redistribution? ou people are lame.
- dgcrazykid, on 10/12/2007, -3/+15this just goes with what I have been thinking: Apple is no longer considered a niche market. People like me are switching from PCs to apples due to the fact that they now can have both OSX and XP. I made the switch, did you?
I think that a lot of schools will be switching too, so they can have access to many programs that are only for the PC, but can also use programs that perform better on a mac. It would save a ***** ton of money. - tinygibbles, on 10/12/2007, -3/+15Apple is moving up because they sell great products. They also give customers what they want. The reason ipod/itunes has been a monster success is because people like it. They like the liberal DRM. The like the player. They like the music buying experience. The month the Itunes Music Store opened, I bought 1500 shares of aapl at $9 (adjusted pre-split). That makes me richer, but hey, I'm just smarter, because I believed in a company nobody thought would be as successful as they are today. People actually laughed at the idea that anyone would BUY music ONLINE!
- timothdd, on 10/12/2007, -2/+13@chriskzoo
How far up your rectum is your head? I agree that people in urban areas could rely more on public transportation, but people in rural area might not have a choice. What if they are farmers, growing corn on the top of the Sears Tower isn’t really and option, is it? And wait, that food they grow has to harvested and brought to us somehow and that takes oil products. So please, pull your head out of your ass. - duest, on 10/12/2007, -1/+12They're not "taking" income as profit. They'll either pay it out (to shareholders) in the form of dividends, or they'll invest it in new technology/products/services/Steve Jobs clones.
- drlha, on 10/12/2007, -0/+11I guess you missed the part about 55% of Apple revenue come from Macs then.
- inactive, on 10/12/2007, -0/+11If you're older then 20 (so the 7% of us [Just kidding I have no idea really]) you can remember a time when most schools had 5 times more Apple computers then PCs. They were costlier and less upgradeable with less software back then too, but Apple gave incredibly charitable pricing to schools, so that's what we had. Now that Apple has burned rubber to get itself back in the actual market a bit, I can see schools picking up Apple again.
- chriskzoo, on 10/12/2007, -0/+11@Topher-
That's great that that's what YOU want, but like 95% of Diggers, we are NICHE users. Your average comsumer doesn't want a big honking tower and separate display - they want a computer that surfs the net, checks email, and has a small desktop footprint. With the advent of digital photography, Apple has offered that as well. Truth be told, unless you are a gamer, the Mac offers more than what you can get on the PC side as far as ease of use - you just have to pay a little more.
Apple is like Starbucks - they could reduce their prices and still make a handsome profit, but it would lose that "premium lustre" that brings loyal customer back time and time again. - BufordT, on 10/12/2007, -6/+17Remember that Bush only proposed and signed into law the tax cuts, they would not have happened without first passing through both houses of the legislature (and yes I realize they are both Republican controlled).
- DouglasScott, on 10/12/2007, -1/+11@astrofrank12:
"There is hardly any need for modern Mac software in the classroom; there's no need for a school to be able to run a mac video-editing program when a less-expensive alternative is so readily available for schools. Not to mention, microsoft products (and, often, windows-based software products in general) offer better mass-purchase deals for educational use than software for Macs."
For a school, iMovie makes really good video editing as easy as using Word. Seriously. You can give students a ten-minute introduction and they will come up with great completed projects. This, on a lab machine that gets a total of one hour of maintenance PER YEAR. Oh, and iMovie comes free with the computer. - navinjohnson, on 10/12/2007, -0/+9They did. Up 11% during after-hours trading when it opened this morning.
- MarkByers, on 10/12/2007, -2/+10AppleOSux: stop trolling please. If you don't like OS X then don't comment on the Apple threads. You sound like a stuck record. Just stick to your Windows OS or whatever it is you use that you think is so much better. And no I don't care what it is.
- Solstice, on 10/12/2007, -3/+10400 million dollars can also pay a lot of employees' salries, who can take that money and feed their families, buy stuff or "do any of a million other wonderful things." Money that is earned goes a lot further than money that is gifted.
- Eliminator, on 10/12/2007, -1/+8@chriskzoo
Energy is a necessity. Like it or not everyone needs energy. High oil prices have caused other forms of energy to become more expensive. Electric and natural gas are both very expensive right now. Since our country's freight transportation system depends on oil, rising oil prices cause all goods to become more expensive. It's not just people dirving to the suburbs. - mjar81, on 10/12/2007, -1/+7@astrofrank128
Apple's DRM is the most liberal form of DRM that i've ever encountered.
Their license allows you to burn the song as many times as you want on the CD and play on up to 5 computers.
Show me a DRM scheme that is more lienient (sp?)
I'm not arguing FOR DRM, granted i HATE the thing, but if we've got to have it, Apple's version is the way to go. - saifrc, on 10/12/2007, -3/+8@elebrio:
If you hate MacOS X so much, I wouldn't mind taking that 22" Cinema Display off your hands. I'm extremely productive over here with my Mac, but could always use the extra screen real estate :-) - cosmicdreams, on 10/12/2007, -1/+6I thought they paying employees factored into operating costs and therefore are already accounted for.
- Sottozero, on 10/12/2007, -7/+11You're some religious nutbag, aren't you? Be honest.
- deadbaby, on 10/12/2007, -2/+6You have to understand Apple isn't bent on world domination. As long as they sell computers and make money, they're happy. I wish people would stop applying the Microsoft business model to Apple. It's two entirely different markets. For example, you don't see BMW selling $15,000 garbage cars so they can get market share. They aren't interested in it. Apple isn't interested in dominating 90% of the market.
- kalisphoenix, on 10/12/2007, -1/+5"My g4 with 22 inch cinema display is so pretty. Too bad I havent even booted it up in 3 years cause its a piece of crap."
I'll take the G4 off your hands. Seriously. You and I are, uh, related or something because I run Gentoo too. *points at his Parallels VM* I switched from Gentoo to OS X after using Linux pretty exclusively for a few years, so I'm fairly surprised whenever I see someone for who it didn't go that well.
So gimme :-) - poofyhairguy, on 10/12/2007, -1/+5I switched to a Mac recently. In May I bought my first one ever and I really enjoy it. OSX is only crap if you have programs you want to use that don't run on it. Otherwise its fun to use.
- PostedOval, on 10/12/2007, -0/+3I work in technology/software and our department switched to the Intel Macs this last 6 months. It was the speed, hardware, and the fact they could run XP (if needed). We were ALL PC/XP for years until recently.
- danr, on 10/12/2007, -0/+3Although not the back to school season it was the time when schools place orders for computers for the upcoming year, which can amount to a lot of sales.
- Solstice, on 10/12/2007, -0/+3Too bad to those who shorted the stock based on a few know-nothing "analysts." Did they not learn anything from the .com days?
- topbravo, on 10/12/2007, -4/+6I got lucky and bought it at 52.42 :D
Thank God for it too because I also own MOGN which took a beating today
So in the end I guess I just evened out :/
APATHY BOMB SPLODES IN MY FACE - joelthoman, on 10/12/2007, -0/+2I own a mac, mind you it is about 3 years old. I bought it because I was tired of having so many problems with my PC. I will grant you I may have had a bad PC, but I have been very happy with my Mac, and it has worked 100% of the time. I think that one who says the Mac OS X sucks has yet to use the system. There are the initial switching pains, like haveing to get different productivity software, but after that the system is intuitive and easy to use. I think it is very secure, and that is worth a lot on it own. I was 25 when I bought the system and it was exactly what I was looking for. I am not one who plays a lot of computer games. I save all my game playing for the PS2.
- Vermifax, on 10/12/2007, -0/+2@AppleOSuX
I found out how to be productive on Macs YEARS ago and made a pretty great living at doing it. If you put down the PC game controller long enough then, maybe even you could be productive.
Hmmm, probably not. Oh well... - ashleyn, on 10/12/2007, -0/+2Just something funny... If you go the Apple website and click on "sale products" there are no listings and it says they're out of stock. Hmm... seems to me like they could put a few things on sale and still do all right...
- willcode4beer, on 10/12/2007, -0/+2lol, we (linux users) don't care because linux can run on ANY hardware, we just need drivers ;-)
- chrisgiddings, on 10/12/2007, -6/+8Criskzoo, what kind of FUD are you responding here? Tax breaks do not raise additional revenues in the long or short terms. The blips that occur from hiring more workers are a natural progression of any economy. The fact that the additional revenues came in via taxes simply show that people are buying and selling more stuff.
- Vermifax, on 10/12/2007, -0/+2@astrofrank128
http://www.apple.com/education/
$899 for an iMac!?!?! That's almost a million dollars...!!!!!!
/sarc - McNubbins, on 10/12/2007, -0/+2At any rate it looks like their new campaign is working. The whole "old man PC" Vs. "Young hip Mac" slant, plus the ability to run Windows on a Mac...no matter what your affiliation you have to be impressed with that much.
- JoeyDeacon, on 10/12/2007, -1/+3Who needs clean water when you can have an iPod. All these thirsty people shoudlspen less time thinking about drinking and more time organising their music collections.
- mjar81, on 10/12/2007, -1/+3@elebrio
if you don't use it, can i have it?
seriously. - WATYF, on 10/12/2007, -2/+4>The difference between Apple and Microsoft is that the Microsoft products that make MS money
>(Office, Windows) have close to zero production costs, but sell for huge amounts.
Yeah... you're right... that army of programmers that MS hires to write the most complex OS and Office suite on the planet doesn't cost them a penny. And constantly trying to keep up with a world full of hackers who are trying to find holes in their software also doesn't cost them anything... production costs on MS products are nuthin'.
[/sarcasm]
WATYF - Willmonwah, on 10/12/2007, -2/+4@jdh24: I think there is a case to investigate Apple's practice of tying iPod to iTunes but the urgency lies with something as critical to our economy as oil and not iPods. If the iPod is expensive, just don't buy it, there are plenty of alternatives. Oil, just try going elsewhere to find cheap oil to ship your products from one state to another or overseas and you'll be hard pressed.
It's not just people driving hummers who use oil, it's our entire economy that relies on it something that gets pumped from the ground, boiled, and whos quantity is fixed by a cartel. - danr, on 10/12/2007, -1/+3Yes, the salaries/wages of their employees is a cost, just like the cost of producing physical products, and is taken into account when calculating profit.
- Ahnteis, on 10/12/2007, -1/+2This is a business article, not a tech article.
- AggieTales, on 10/12/2007, -2/+3Actually the ACLU gets very very little federal funding, if any (i never thought they got any) so the taxes don't go to them. And are you really a critic of an organization thats fights for Civil Liberties (even though i do agree that some, and i do mean just some, of the cases are just b/c we want cases rather than real issues)? The ACLU is roughly the social equivalent of the EFF.
- Codee, on 10/12/2007, -0/+1I need to hit Steve up for a 20 spot till' next week.
- inactive, on 10/12/2007, -0/+1according to the link you posted, MSFT has 31.59% profit margin...
- superterran, on 10/12/2007, -1/+2@chriskzoo
12% of American income is below the poverty rate. Even people comfortably above the poverty line can't buy a new house, relocate their family, get new jobs and pull their children out of school because their gas bill is getting to high. How do you figure the public transportation system runs? On magic pixie dust? Practically all modes of transportation that isn't considered exercise if you do it for more than 30 minutes requires some form of oil to operate somewhere along the line. To imply that we could all move to New York and that would magically solve the problem is the most absurd thing I've read all day.
The difference between Apple and big oil? I'm not dependent on Apple selling me ***** for $3.10 a gallon because of 'risk of doing business', while they're telling me they're giving it to us for the absolute cheapest price they possibly can, and then they report record profits which alludes that they're making a whole hell of a lot of money off of the high prices. Isn't it funny that every time we De-regulated an industry because the republicans say that the fair-market competition would bring down prices and increase competition, that the absolute opposite always happens? - deadbaby, on 10/12/2007, -2/+3Don't you have anything better to do than troll digg? To quote Cpt. Kirk, get a life.
- superkendall, on 10/12/2007, -0/+1Your point is made somewhat weaker by Apple already doing what you say they need to do. That was a 12% rise in the number of computers sold over last year.
- dieseldarnall, on 10/12/2007, -0/+1willcode4beer you punched the wrong "code" in and compared Morgan Stanley (MS), an investment bank, with Apple. Try MSFT and you will instead find:
http://finance.yahoo.com/q/ks?s=MSFT
Quarterly Earnings Growth: 16.20% not 110.9%
http://finance.yahoo.com/q/ks?s=AAPL
Qtrly Earnings Growth: 41.40% - macewan, on 10/12/2007, -0/+1Apple's getting ready to sell a desktop system to this die hard Linux fan. It will be the Intel version so that I can use Ubuntu still but I've been a fan since I purchased an iBook for my wife. She had been a SuSE fan before that.
- drlha, on 10/12/2007, -3/+4The difference between Apple and Microsoft is that the Microsoft products that make MS money (Office, Windows) have close to zero production costs, but sell for huge amounts. Their profit margin on Windows and Office is massive compared to almost any other company's.
In Apple's case they sell hardware, which has to be somewhat competitively priced, and also they have a large software R&D effort with all the bundled apps. -
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