Wednesday, July 22, 2009

Strong Mac, iPhone is Apple forecast sales at the top

Once again, Apple exceeded the expectations and estimates of its quarterly revenue and earnings reported on a high.

The fiscal 2009 third quarter ended June 27, for the company, $ 8.34 billion on revenue of $ 1.23 billion, or $ 1.35 per diluted share reported a net profit of.

Analysts, with revenue estimated between $ 8 billion and $ 8.49 billion in revenue from the company had a wide range of expectations. Apple (NASDAQ: AAPL), $ 7.9 billion of this is often, undersold the most, presented in the form of revenue.

"We of the results, especially given the economy around us are proud of," Apple CFO Peter Oppenheimer during the company's earnings conference call said.
Gross margin is 36.3 per cent, 34.8 per cent this year - was the first quarter. Components for Apple to spend as much as expected, not increasing as much as is spent on service and repair, and new products at affordable prices to the ramp to be able to set collision.

This reduction in price and looks like a refresh of the MacBook line has helped Apple's top line. Company during the quarter, compared to 4 percent this year, a unit increase of 2.6 million Macintosh computers sold - the first quarter.

5.2 million in the quarter, Apple iPhones, a 626 per cent over the same quarter last year sold the unit growth. Apple iPhone 3GS released in June, however, this year, compared with a year makes some skewed: during the same period last year, buyers who purchase the new iPhone 3 G debuted in July, has been holding in anticipation of May 2008.

During the most recent quarter, Apple is, 7 per cent from the 2008 quarter, representing a decline of unit sold 10.2 million iPods. As the channel list in less than 400,000 Apple partly responsible for the decline was.
Apple Oppenheimer your "traditional" MP3 player - iPods to its line of iPod Touch, except that said - will eventually go away.

"That's why we have created iPhone and iPod touch," he said. "We as we touch and the iPhone to cannibalize itself is expected to decline in traditional sales, but we expect a lot of fun, sales of many years we as a traditional MP3 player line to add new products ".

258 in the quarter of the total installation, while the 27 remodeled stores have been in addition to six new Apple saw. 492,000 were sold through the shops of the 2.6 million Macs sold in the quarter, and half for the first time computer buyers, Oppenheimer was in accordance with. Apple about 2009 and 27 more in the remodel is planned to open 24 new stores, it said.

Income of $ 1.69 billion from the iPhone, but since Apple a period more than two years, sales revenue recognizes the value of the difference - $ 2.9 billion of iPhone 3 G and for the 3GS.

For its fourth quarter, Apple revenue it $ 8.9 billion from $ 8.7 billion, with earnings of $ 1.18 to $ 1.23 per share is expected to range.
More for the rumor mill grist

Apple executive and a microphone with a camera like the new iPod Touch model of constant rumors - not so much to discourage - or long-rumored Apple tablet PC. During today's call, Oppenheimer that Apple $ 500 million for the Nand Flash memory, either in a potential candidate was considered to be prepaid supplier Toshiba. Why should he, nor anyone asked during the Q and A session, did not.

Meanwhile, a chief operating officer Tim Cook Apple netbook in the absence of renewed interest - and a rumor a long time. The company has one regular low-cost, rejected the idea of creating a less power mobile PC, a user experience that Apple's standards will not be the idea of can. Cook fast held in a state today.

"Our goal is to build the computer is not - to make it the best," he said. "Whatever the price point we can create the best, we are there," he said, will play. "At this time, we like the price for this point of the unit to make a great product do not see a way out."

AT & T rumors too long, last month's Worldwide Developer Conference in the U.S. during the carrier of the iPhone's special relationship with Apple to have around the orbiter, Apple executives and the key areas where the number of iPhone features support for T -- MMS multimedia messages like - reduction was noted.

But Cook's two companies have to stay on solid terms.

"I that the carrier is less than thrilled that we are doing business with, they are most experienced with the iPhone is the churn, and that our customers are asking for the iPhone, we like a good set of relations, "I think he said then.

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