Filed under: Apple Corporate, Apple Financial
Apple Q2'09 results round-up
Today was a landmark day for the good ol' boys (and girls) at 1 Infinite Loop as they again posted record-breaking quarterly results. Profit was a svelte $1.21 billion for a grand total of $8.16 billion in revenue; or, as the guys in Wallstreet see it: $1.33 per diluted share. All of this is apparently good news as after-hours trading has shares of AAPL up about 4 points from the days close of $121.51. If you haven't already, you can check out some of our highlights of what drove those numbers as well as the full press release from Apple here. Also, MacJournals did a fantastic job covering the call via their Twitter feed, which can be found here.One continuing theme through the course of the call was the economy's overall effect on Apple's numbers. One noticeable effect was that professional and education sales were down during the March quarter. Even with the release of an entirely refreshed line of Mac desktops, the quarter saw an overall decrease in Mac marketshare. It wasn't all bad for Apple, however, as iPod sales (particularly the iPod Touch) were up enough to seemingly offset the bulk of the lagging Mac sales.
While the results themselves are always nice to hear, the most interesting section of the quarterly call is the question and answer section that follows. The answers, while somewhat scripted, give the listeners a chance to hear Apple execs think and speak on their feet regarding Apple's results and plans for the future.
One of the more notable topics during this discussion was Apple's opinion on the netbook market. Tim Cook took the question and in an answer that was truly Apple said, that netbooks are "junky ... not a consumer experience that we would put the Mac brand on," while quickly following-up with a good, old-fashioned "If we can find a way to deliver an innovative product ... then we'll do that." If you remember the days before the video iPod, then this conversation should be very familiar to you. For a good overview of the Q&A check out MacRumors' excellent post on the subject.
If you don't care about the financial results and have grown tired of hearing Apple dance around whether they're going to release a netbook, then there is at least one bright spot in all of this. According Peter Oppenheimer, Apple is pleasantly awaiting the joyous return of Steve Jobs in June (we miss you Steve). I don't think anyone was really expecting any more or less information than that, but here's to hoping Stevie J. returns and brings with him all-new iPhones, netbooks, and pots of gold.
Overall, the results were very positive for a company that deals in "luxury" products given the current economic climate. I hope that in the future Apple continues to succeed and that this is the last quarter we hear of in which Apple loses marketshare to anyone.
[Via Engadget, MacRumors, and MacJournals]
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Reader Comments (Page 1 of 1)
balls said 10:10PM on 4-22-2009
The exact quote was:
" I see cramped keyboards, terrible software, junky hardware, very small screens, and just not a consumer experience and not something we would put the Mac brand on"
This is what makes me despise Apple, their "our shit don't stink" attitude.
Reply
Chester said 11:54PM on 4-22-2009
LOL - Funny stuff... I think its more just the fact that they don't make junk, and aren't really afraid to say that others do.
Drifter71 said 7:45AM on 4-23-2009
Then why are you on the Unofficial APPLE Weblog
balls said 10:48AM on 4-23-2009
Where else would I get news about Apple?
balls said 12:01AM on 4-23-2009
Perhaps. Then again:
Macbook Pros with faulty graphics chips
Macbooks with thermal problems
Ipods with non-user replaceable batteries
iPhones with limited battery life
Mini Displayport to Dual Link DVI adapters that don't work properly
Airport Extreme Dual Band with firmware issues.
And thats just off the top of my head.
Apple is a good company, and they do a lot of things right, but spend a few minutes on the apple support forums and you'll see endemic problems with their products.
Reply
Hal said 1:04AM on 4-23-2009
Balls,
Go troll somewhere else.
Because a product is not perfect does not mean it is junk. Does Apple make perfect products? No. Are their products better than what other put out? I vote yes with my wallet. If your vote is no then enjoy your Dell , your Zune and your Razr and leave us alone.
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balls said 10:53AM on 4-23-2009
If you disagree with something it makes you a troll?
I think you make my point: no product is perfect, not even Apple's. Given the recent problems with faulty hardware and design, Apple really doesn't have any claim to call other products junk.
I dig my $3,000 macbook pro, but the Mini Display Port is junk. I can't use my top of the line laptop with any 30" LCD.
Raj said 1:45AM on 4-23-2009
@balls said:
"This is what makes me despise Apple, their "our shit don't stink" attitude."
I actually agree with Tim Cook. I bought an eeePC 1000h and the trackpad/keyboard interaction was horrible. I honestly planned to give my macbook to a relative and live with OSX or ubuntu on the netbook (times are tough), but have since converted it to a media pc for serving content/music... because it was so poor at it's intended purpose. I can't give it away to anyone.
Reply
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