Apple Posts $1 Billion Profit, Extremely Strong iPod Sales

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Date: Wednesday, January 17th, 2007, 17:27
Category: Finance
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On Wednesday, January 17th, Apple Inc. posted a record-breaking $1 billion profit on record revenues of $7.12 billion for the first fiscal quarter of 2007. Earnings per share for the quarter were $1.14. This compares to last year’s Q1 earnings with a quarterly profit of $565 million, $5.75 billion in revenues and 65 cents per share.
Profits rose 78% based on iPod sales as compared with one year ago and Apple representatives stated that the company had shipped 1,606,000 Macintosh computers and 21,066,000 iPods during the quarter, representing a 28% growth in Macs and 50% growth in iPods sales compared to Q1 of 2006. International sales accounted for 42 percent of the quarter’s revenue, according to the company.
Financial analysts expect Apple to post revenues of $4.8 to $4.9 billion and earn $0.78 per share in Q2 of 2007.
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Apple Earnings Conference Call After the Bell on Wednesday

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Date: Tuesday, October 17th, 2006, 22:44
Category: Finance

On Wednesday, Oct. 18, at 2:00 PM PDT (5:00 PM EDT), Apple will announce the results of its previous fiscal quarter, which ended on Sept. 30 and closed out the company’s 2006 fiscal year. As in the past, it will discuss iPod and Mac sales, as well as take questions from analysts and the media. A live audio Webcast will be available on Apple’s Web site, and participants can call 719-457-2640 to join in.

Apple Plans Earnings Call For Wednesday || The Mac Observer

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The Apple Core: Apple threatened with NASDAQ delisting

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Date: Monday, August 14th, 2006, 09:14
Category: Finance

nasdaq-logo-2.jpgApple received a Staff Determination letter on Friday from the NASDAQ threatening that its stock could be delisted from the prestigious exchange because it is “not in compliance with the exchange’s rules.”
Read the rest of the story on my ZDNet Blog: The Apple Core.

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Analysts Predict Apple Q3 2006 Earnings

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Date: Monday, July 17th, 2006, 22:41
Category: Finance

Apple’s conference call webcast discussing Q3 – 2006 financial results will begin at 2pm PT/5pm ET on Wednesday, July 19, 2006.

Piper Jaffray analyst Gene Munster and American Technology Research analyst Shaw Wu on Monday gave their thoughts on Apple’s upcoming earnings call, which will happen after the markets close on Wednesday, July 19. Both of them expect the company’s revenue for the previous fiscal quarter to be at the upper end of Wall Street’s consensus estimate of US$4.2 to $4.4 billion, with $0.44 EPS.

Mr. Munster sees Apple announcing iPod sales of 7.7 to 8.2 million units, below the Wall Street consensus estimate of 8.3 million. He also sees 1.23 million Macs sold, compared to the consensus of 1.25 million. In addition, the analyst expects Apple will continue with its tradition of providing conservative guidance for the current quarter, which right now stands at $4.95 billion in revenue and $0.52 EPS, according to Wall Street estimates.

TMO Reports – More Analysts Weigh in on Apple’s Wed. Earnings Call || The Mac Observer

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