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| Author | Topic: Apple Computer (AAPL) |
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trentr |
was I right or was I right? $1.03 a share? (or $1.00 without non-recurring items) WOW! Apple is up 10 points today. Steve Jobs also got a corporate jet and options on 10 million shares! I'm usually not that keen on options but he was working for free, and he did a damn good job so he deserves something. One interesting thing from the press release: |
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InvestorGuide Daily Administrator |
Apple crushed even the whisper numbers. http://www.apple.com/pr/library/2000/jan/19q1results.html |
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trentr |
Apple reports earnings today after the bell. I'm looking for it to beat the whisper # of $0.93 |
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JHirsch |
not that I believe everything analysts say, but damn, its up 8%... this time on another good analyst report. http://news.cnet.com/news/0-1006-200-1522183.html I keep saying i should've bought, i should've bought. Should I still? Jake |
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trentr |
I just read a testimonial from someone who recently set up and used this service. He seemed to say that this is exactly what the MSN site should have been. It was horribly easy to set up and he did say that you could get you ISP service from someone other than Earthlink very easily. You also get (for free) 20 MB of space that you can use as your folder and access from anywhere. For this reason (assuming that all computers will have net access which they basically will in the future) you don't need disk drives nearly as much. It is a forward looking product and a forward looking company. I think steve jobs is going to continue to do well as the now official CEO of Apple. |
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smario |
Remind you of anything? Sure it's two different companies bundling products, but it's strikingly similar to Microsoft's Windows and its web-browser. I wonder if Earhlink's services and compatibility will be tied directly into Apple's operating system making it real difficult for the user to choose any other viable ISP. I don't doubt it will benefit the buyer of Apple products, but because of the recent trial, it still sets off the red flag. |
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InvestorGuide Daily Administrator |
Steve Jobs announced that he would drop the term "interim" from his title as CEO. Apple announced that Earthlink will be the exclusive ISP included with all Macintosh computers sold in the U.S. http://www.cnnfn.com/2000/01/05/deals/apple/ |
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newinvestor |
I'm long on apple and here's the reason. J.P. Morgan analyst Daniel Kunstler said this about Apple. “...they've got the best products out there, at the best price points, and the cosmetics are so much better than anything else on the market." I couldn't have said it any better myself so I won't. Not too suprised they beat expectations even with the G4 chip problem. |
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InvestorGuide Weekly Administrator |
Here's the full earnings report: http://www.apple.com/pr/library/1999/oct/13q4results.html |
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smario |
Apple posted fourth-quarter earnings of 51 cents a share, beating the 17-analyst estimate of 45 cents but down from the year-ago 68 cents. The results come as a pleasant surprise after the company warned investors last month that third-quarter earnings would miss Wall Street estimates, blaming the expected shortfall on problems in obtaining PowerPC G4 chips from Motorola for its G4 PowerMacintosh. Apple said that it evaluated the processor speeds of its PowerG4 Macintosh line to pair demand with Motorola's chip supply. Apple also announced that -- beginning in the first half of 2000 -- IBM will be on board as an additional supplier of G4 chips. Apple CFO Fred Anderson said the company is, "poised for a very strong December quarter." |
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JHirsch |
I have to agree with humanity. If it ain't broke, don't fix it. If he still wants the job he should have it. jake |
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humanity |
scriptor, normally I would say that any company needs full-time CEO for stability. However, if you recall, Apple was pretty much forgotten and left for dead after Jobs left; it was only when he was rehired for the bargain salary of $1/year (so his family could get full benefits) that Apple made its comeback. So I wouldn't rock the boat right now if I were Apple...things are going along quite smoothly. |
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scripter |
Steve Jobs has been the "interim" CEO at Apple for about two years, but he's also the CEO at Pixar, his animation studio. I would guess that Apple isn't planning to replace him, because he's been doing a pretty good job, but wouldn't they be better off with a full-time CEO? |
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bobcobb |
not only that, but the big earthquake in taiwan yesterday did a lot of damage to some apple and/or apple supplier plants (the news snippet I saw wasn't to clear). Either way the damage was pretty extensive and couldn't come at a worse time for apple. I'm waiting for the stock to fall a lot because I don't think this is a sign of any major long lasting problems (unless of course it strains the relationship with motorola or it isn't able to get out of this backlog) bob |
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infooverload |
Apple warned Q4 revenue and earnings wouldn't meet expectations because of problems getting processor chips from supplier Motorola. Apple expects earnings in the range of $0.52 and $0.59 per share on net income from $75 million to $85 million. This is at least 22% short of expectations, which were $0.76 per share. Apple will formally announce its quarterly and year-end earnings October 13. Apple laid the blame squarely on Motorola, the manufacturer of G4 processor chips that power the company's latest product, the lightning-fast Power Mac G4. Jobs said Apple has received orders for 150,000 Mac G4s since the product was released three weeks ago, but the company will not be able to ship them all this quarter because of the processor shortage, but backlog remains strong and he expects to catch up in the next fiscal period. Not surprisingly, Motorola did not deny the problem, but took offense to the statement. So investors should definitely follow this somewhat strained relationship over the next few weeks. |
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