RSSApple Posts Another Record Quarter
By Ed Oswald | Published July 13, 2005, 5:57 PM
The good news kept coming out of Cupertino on Wednesday as Apple announced its best quarter financially in the company's history, and touted record iPod sales and the best sales numbers for its Mac line in four years.
Apple posted a quarterly profit of $320 million, or 37 cents per share on revenue of $3.52 billion. Revenue grew 75% and profit grew 425% year over year.
However, in a call for financial analysts, CFO Peter Oppenheimer warned of flat growth in the coming quarter. "We are being prudent in the quarter following our Intel announcement," he explained.
Apple shipped 6,155,000 iPods, a record number and almost a million more units that the previous quarter. But the number was more than Apple had initially expected as it projected flat sales for its iconic music player this quarter.
Oppenheimer mentioned third-party research that showed that Apple maintained a 75 percent market share in May among digital music players, with its next closest competitor coming in at less than five percent market share.
Company executives refused to confirm whether or not reports of the iTunes phone being released next month in the UK were true, with Oppenheimer saying "I just cannot comment on that at this time."
On the computer side, Apple shipped 1,182,000 Macintosh computers, which was slightly above last quarter's numbers, however still was the highest sales numbers in four years.
"I couldn't be happier with the performance this quarter of our Mac line," Oppenheimer said. He also added that Apple remained committed to the Mac Mini. "We believe it's attracting a broader and more price sensitive customer. It's also expanding our install base."
New-to-Mac buyers at retail stores remained at 40 percent, which was even with last quarter.
"We are delighted to report Apple's best quarter ever in both revenue and earnings," said Steve Jobs, Apple's CEO. "The launch of Mac OS X Tiger has been a tremendous success, and we have more amazing new products in the pipeline."
Most of my clients are doctors and lawyers.
They drive $60K+ cars, have augmented wives (that's implants, bro), personal chefs, personal trainers, etc.
A 60GB iPod is cheaper than a first class ticket to Paris for the weekend.
Apple is the premium brand they want and are willing to pay for-- get it?
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|i dont understand why so many people are buying the current macs if they know they will be obsolete next year as there will be the x86 mac.
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|Well, it's not like the numbers of machines sold are just after the Intel announcement.
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|three things:
1) There will also be new dual desktop machines being released very soon yet people are still buying their Dells like crazy. People buy machines when they need them, they're always out of date the next day anyway. The Intel Mac isn't just coming next year, its actually planned for a full year away. That's a full year of college for a lot of people.
2) All docs on the Intel Mac show it to be running on a 32-bit chip while the current G5 is a 64-bit chip. We're half Mac here and a little skeptical about that. When you're crunching video the G5 (even the iMac) blows away the 32-bit G4, even our dual 800.
3) IBM's chips will be supported for years. If I were to guess, new versions of the OS will still be made for IBM chips at least until the end of the decade. That means at least Leopard and whatever comes after that.
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|The current ppc macs won't become obsolete for another 5 years yet. The will still be supported as apple supports 'dual coding'. It means that new programs will run nativly on both ppc macs and x86 macs
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|I would too if I forced my clients to pay for patches and over priced batteries.
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|[sarcasm]I *know*, I hate how Apple charged me for 10.4.1 and the new 10.4.2![/sarcasm]
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|updates what are you talking about those updates you are talking about are more of an update than the longhorn has produced with 5 years of work! And most of that was stolen from OSX anyways!
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|GOD I HATE HOW MICROSOFT CHARGED ME FOR THIS SKIN OVER WIN200 CALLED XP AND ARE GONA CHARGE ME FOR A FLASHYER ONE CALLED LONGHORN! GOD DANGIT!
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|Microsoft does it, why can't Apple?
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|Don't count me in these numbers. I would not be caught dead with an iPod or a mac
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|thanks for sharing.
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|I own an iPod. I love it. And with people being able to install linux on it. it makes it even more wanted. iPod has yet to have a decent competitor in the market. If apple doens't have a superior product how is it just a month after apple took on the flash drive marker of mp3s, did they take it up to almost 70% of the market within 1 month. Wow, thats a lot. catching up on the months and months of sales of other flash based products. They also have the market covered with hard drive based players. Connectivity to windows or os x products. Being able to use it to store data, and your music. Firewire connection along with USB which helps it even further pass the competitors when most of them are still using slow USB as a primary way of hooking it up. Apple has finally turned things around. There computers used to be very expensive due to premium priced processors. But now with the switch there computers prices will drop to a cheaper price since. Plus the stuff about everyone complaining about wanted to have the choice of what componets they want to use, that will go away with boards running intel chips. Since there will be no reason why a graphics card designed for windows, wouldn't be able to work just fine under os x. All you need is drivers, and with the mac always been a machine dedicated to graphics. It won't be long. And don't even get me started with tiger.
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|Just like red-neck racists, there are red-neck geeks too. What stuns me is how young these jaded and close-minded people are.
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|wow some serious growth. AAPL will hit $50/share soon. 6 million more iPods best quarter to date. All the current users will be targets for the iPhone. But Tiger, Final Cut Studio, shake and iLife 05 are Apples best.
I like how they predicit flat sales and then blow the roof off. I remember when everyone was saying they would be lucky to ship 3 million pods in Q3.
Have you noticed most quicktime movie trailers are playing through itunes. Intel + Apple = investment possibilites
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|If the iPod is so much better why can't you change the battery? Why can't I Have a choice of where I want to buy music? Why do I have to pay double the price to get an ipod 40G? Note creative 40G $199. Is this because Apple is a monopoly? They try to control EVERYTHING. Unlike MSFT, they give you choice at a cheaper price
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