Preliminary fourth quarter results from Apple
I'm sure you haven't forgotten that today is Apple's 4th quarter earnings call. In anticipation Apple has released preliminary fourth quarter results. Why are these results so preliminary? Because of a certain stock options issue that is going to force Apple to restate some historical financial results which will, in turn, have an impact on these results.Onto the numbers:
- Apple posted a revenue of $4.84 billion and a net quarterly profit of $546 million ($.62 per diluted share)
- Gross margin was 29.2%, up from 28.1%
- International sales accounted for 40% of this revenue
- 1,610,000 Macs were shipped this quarter (30% growth in Mac shipments)
- 8,729,000 iPods were shipped (35% growth in iPod shipments)
- Apple has over $10 billion in cash
- expects revenue of $6 to $6.2 billion for first quarter 2007
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I'm sure you haven't forgotten that today is Apple's 4th quarter earnings call. In anticipation Apple has released preliminary fourth...
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The money isn't doing anything for you just sitting in the bank.
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Actually. It kinda is. It's called Interest. Apple just opened a Capital Management firm a few months ago...it's called Braeburn
http://www.macnn.com/articles/06/04/06/braeburn.manages.cash/
You can make big money if you know the money isn't moving. Term deposits, lending money, real estate projects etc.
Let's put it in context:
1.6 million more potential visitors to TUAW.
Holy readership increase, Batman!
The most interesting number to me is the revenue of 40% international sales. May be Apple is finally making headway in the European and Japan/Korea market.
October 18 2006 at 9:19 PM Report abuse Permalink rate up rate down ReplySeriously, what's with the ten billion? What does a company like AAPL need with that kind of money laying around? Invest it in something? Buy TiVo, invest in partnership with Google, give T-Mobile a billion or two for a big chunk of their pie and use them for your iPhone plans, something. The money isn't doing anything for you just sitting in the bank.
October 18 2006 at 8:19 PM Report abuse Permalink rate up rate down ReplyI think everyone -- myself included -- expected Mac sales to be a little slow, or just bearly growing, due to the Intel switch. This is very exciting news.
October 18 2006 at 8:05 PM Report abuse Permalink rate up rate down Reply#3: If that's an AWESOME reference to Bill Gate's line in a Family Guy episode - you just earned yourself a star once that system is working again (the WIN code ninjas have a few tricks up their sleeve).
If it isn't a reference to that episode... well you should go watch it, cuz it's one of the series' finest.
What's a "quater"?
October 18 2006 at 6:51 PM Report abuse Permalink rate up rate down Replyhttp://www.tuaw.com/2006/10/16/apple-fy-2006-fourth-quarter-results-call/#c2448968
I would have to say that my guess was pretty close.
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