macrumors.com— Apple posted revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share during the 1Q 2008 (ending December 29th). Michael Dell cries.
Jan 22, 2008View in Crawl 4
Q2 is always lower than Q1 because first quarter reflects the natural yearly spike that comes with Xmas sales (duh). Also, Apple almost always gives very conservative earnings estimates, which are usually below analyst's expectations. This insures that Apple will meet or beat their targets. Plus, I believe, Q2 is traditionally a weak quarter for most retail stores, since everyone blows their wad of cash at Xmas.The rest can be blamed on an economy that is heading for a train wreck caused by the conservative polices of fiscal conservatives who "spend and spend" into us debt, since they don't seem to understand that the government's money comes from taxes that they keep cutting. Tax breaks are great, if the government actual still had the money we paid in taxes, but that's already been spent on things like the war. Instead, they will give us a "tax break" by borrowing even more money that only adds to the national debt, a debt that WEs nation will have to pay back later with INTEREST. Great plan! That's how I should do my finances; when I run out of money I should just barrow more that way I never run out.CLUE --> That's why the dollar has dived in value, because our deficit spending is being propped up by loans from the Chinese and India.I tell you what, I have have a plan to head off this recession, it's called lower oil prices. Since Mr. Bush seems to like gunboat diplomacy so much, then maybe he should point our tanks in Iraq towards Saudi Arabia (or the oil companies) and show them the errors of their ways (j/k). Seriously, a dollar drop at the pump would spring board us straight out of any recession and cost us NOTHING. Oh yeah, oil prices skyrocketed BECAUSE of the war in IRAQ. Then we need to develop energy alternatives so we can tell them to f**k-off.
Stock is getting beaten down by these recession fears and their own typical low-ball guidance. I wrote about Apple's quarter here<a class="user" href="http://wcpowertechfund.blogspot.com/2008/01/apple-shares-slide-as-conservative.html">http://wcpowertechfund.blogspot.com/2008/01/apple- ...</a>It was truly a record setting earnings and sales period.Investors got scared at their guidance of only $0.94/share next quarter.. Last year about this time Apple guided down to about 60 cents, only to deliver 87 cents.While there is an economic element here I think the seeling is overblown--ChrisWC Power Tech Fund Investment Blog
...and seemingly iphaniram is willing to reply to irrelevant questions and quote accusations, but seemingly not willing to reply to someone directly speaking on his point.
iplayyouandmeJan 23, 2008
Q2 is always lower than Q1 because first quarter reflects the natural yearly spike that comes with Xmas sales (duh). Also, Apple almost always gives very conservative earnings estimates, which are usually below analyst's expectations. This insures that Apple will meet or beat their targets. Plus, I believe, Q2 is traditionally a weak quarter for most retail stores, since everyone blows their wad of cash at Xmas.The rest can be blamed on an economy that is heading for a train wreck caused by the conservative polices of fiscal conservatives who "spend and spend" into us debt, since they don't seem to understand that the government's money comes from taxes that they keep cutting. Tax breaks are great, if the government actual still had the money we paid in taxes, but that's already been spent on things like the war. Instead, they will give us a "tax break" by borrowing even more money that only adds to the national debt, a debt that WEs nation will have to pay back later with INTEREST. Great plan! That's how I should do my finances; when I run out of money I should just barrow more that way I never run out.CLUE --> That's why the dollar has dived in value, because our deficit spending is being propped up by loans from the Chinese and India.I tell you what, I have have a plan to head off this recession, it's called lower oil prices. Since Mr. Bush seems to like gunboat diplomacy so much, then maybe he should point our tanks in Iraq towards Saudi Arabia (or the oil companies) and show them the errors of their ways (j/k). Seriously, a dollar drop at the pump would spring board us straight out of any recession and cost us NOTHING. Oh yeah, oil prices skyrocketed BECAUSE of the war in IRAQ. Then we need to develop energy alternatives so we can tell them to f**k-off.
cthellisJan 23, 2008
You are not allowed to say that he is not allowed to tell others that they are not allowed to post bad facts about Apple.
crusahJan 23, 2008
Stock is getting beaten down by these recession fears and their own typical low-ball guidance. I wrote about Apple's quarter here<a class="user" href="http://wcpowertechfund.blogspot.com/2008/01/apple-shares-slide-as-conservative.html">http://wcpowertechfund.blogspot.com/2008/01/apple- ...</a>It was truly a record setting earnings and sales period.Investors got scared at their guidance of only $0.94/share next quarter.. Last year about this time Apple guided down to about 60 cents, only to deliver 87 cents.While there is an economic element here I think the seeling is overblown--ChrisWC Power Tech Fund Investment Blog
meshmanJan 23, 2008
Moran: Have you checked the second quarter estimates from Apple that tanked their stock yesterday?
cthellisJan 23, 2008
...and seemingly iphaniram is willing to reply to irrelevant questions and quote accusations, but seemingly not willing to reply to someone directly speaking on his point.
angosturaJan 24, 2008
Yup agreed.
jtjdtJan 24, 2008
Also skyhook wireless charges a fee to Apple to use their location services, so Apple needs to charge for the iPod touch updates.