Apple Discusses PowerBooks in Earnings Conference Call

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Date: Friday, April 15th, 2005, 10:17
Category: Archive

Some notes from Apple’s second fiscal quarter earnings conference call. The company posted a net profit of $290 million, or $.34 per diluted share, which it said was the highest March quarter for revenue and income in the company’s history. Apple CFO Peter Oppenheimer and vice president Tim Cook participated in the call:

Apple today held its second quarter conference call, announcing profits of $290 million, and record profits and income for the quarter. Of particular interest to us is that 251,000 iBooks were shipped last quarter, an increase of 25% over the same quarter in 2004, while 211,000 PowerBooks shipped, for an impressive 34% increase over the same quarter in 2004. (PBZone).
In response to a question on the status of a PowerBook G5, Apple VP Tim Cook said, “I still think it’s the mother of all thermal challenges… I haven’t changed my view on that.”
Apple downplayed the recent and “well documented” PowerBook TrackPad issues. One Apple exec said there were some “isolated issues,” but he “thinks” they have been corrected. Customers experiencing issues with their new PowerBook TrackPad should call AppleCare, he said. Oppenheimer also said that lead times for PowerBooks rose for a short time due to demand exceeding supply. (AppleInsider).


Some notes from Apple’s second fiscal quarter earnings conference call. The company posted a net profit of $290 million, or $.34 per diluted share, which it said was the highest March quarter for revenue and income in the company’s history. Apple CFO Peter Oppenheimer and vice president Tim Cook participated in the call:

Apple today held its second quarter conference call, announcing profits of $290 million, and record profits and income for the quarter. Of particular interest to us is that 251,000 iBooks were shipped last quarter, an increase of 25% over the same quarter in 2004, while 211,000 PowerBooks shipped, for an impressive 34% increase over the same quarter in 2004. (PBZone).
In response to a question on the status of a PowerBook G5, Apple VP Tim Cook said, “I still think it’s the mother of all thermal challenges… I haven’t changed my view on that.”
Apple downplayed the recent and “well documented” PowerBook TrackPad issues. One Apple exec said there were some “isolated issues,” but he “thinks” they have been corrected. Customers experiencing issues with their new PowerBook TrackPad should call AppleCare, he said. Oppenheimer also said that lead times for PowerBooks rose for a short time due to demand exceeding supply. (AppleInsider).

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