PowerBooks Account for 40 Percent of Apple Sales Last Quarter

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Date: Thursday, April 17th, 2003, 08:08
Category: Archive

The computer company tops analyst estimates by 2 cents per share in the second quarter, posting earnings of $14 million, or 4 cents per share.

According to MSNBC.com, Apple is down to $14 million in raw profit from $40 million this time last year. Earnings are down some 65% for the company for this past fiscal year. I hope the PowerBooks and whatever they are about to release next will help them to regain some ground this next time around.

CNet’s News.com has a little more optimistic take on the earnings:

Apple said it shipped 711,000 Macs during the past quarter, 40 percent of which were notebooks. That?s the highest percentage ever for Apple. Anderson said the company ended the last quarter with a backlog of orders for its 17-inch PowerBook but that Apple expects to work through that shortly. “We are now through the (starting phase of) manufacturing and are quickly catching up,” he said.

”Our ‘year of the notebook’ is off to a great start, led by the incredible demand for our new aluminum 12-inch and 17-inch PowerBook G4s,” CEO Steve Jobs said in a statement.

Notebook? Isn’t that a PC? Steve needs to read the PowerPage a little more :^) -Ed

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