Apple’s September quarter saw, among other things, the release of Snow Leopard, the latest upgrade to its OS X operating system and the first public appearance of CEO Steve Jobs, who’d been on a medical leave of absence for a liver transplant. It was also the first full period since the company launched the iPhone 3GS in late June. No wonder it was a blowout quarter.
What a lousy day to report earnings. The Dow fell 231.77 points, or 2.5 percent, to finish at 9,033.66, and Nasdaq dropped 73.35 points, or 4.1 percent, to finish at 1,696.68, in a market that beat most tech issues into bloody submission. Not the sort of jovial earnings report atmosphere you hope for when you’re a company whose share price has lost half its value since the beginning of the year. But lo and behold! When Apple reported quarterly results today, they were good … very good.
The media will gather tomorrow at Apple’s Cupertino, Calif., headquarters for an invitation-only event–presumably about updates to its MacBook and MacBook Pro lines. And, as with every Apple product launch, tomorrow’s has been preceded by feverish speculation about what form, exactly, those updates will take. Among the rumors currently making the rounds …
Apple this morning announced an invitation-only event at the company’s Town Hall in Cupertino. As you can see from the invitation at right, the focus is clearly notebooks. It appears those alleged photos of the Apple next-generation MacBook Pro casing that have been floating around recently may be the real deal. Same goes for rumors of a new $800 MacBook.
Apple reported the best June quarter in the company’s history, for both revenue and earnings, Monday. So why the sudden plunge in share price? Seems concerns about cancer-survivor Steve Jobs’s gaunt appearance at Apple’s World Wide Developers Conference in June have not subsided.
What sort of product innovation would compel Apple to forecast a nearly five percent drop in gross profit margin for its next quarter? That’s a question the Mac faithful are asking themselves today after the company’s quarterly conference call with investors Monday.
Steve loves Apple, and serves as the chief executive at the pleasure of Apple’s board, and has no plans to leave Apple. Steve’s health is a private matter.”
– Apple CFO Peter Oppenheimer refuses to answer a question about CEO Steve Jobs’s health during the company’s Monday earnings call.
Turns out Apple CFO Peter Oppenheimer was a bit conservative in his last fiscal outlook for the company. He predicted third-quarter earnings of $1 per share on revenue of $7.2 billion. A few moments ago, Apple posted earnings of $1.19 per share on revenues of $7.46 billion.
If Apple CFO Peter Oppenheimer’s April forecast was correct, Apple will report earnings of $1 per share on revenue of $7.2 billion when it posts third-quarter earnings later this afternoon. Of course, the company is known for low-balling expectations and being conservative with its fiscal outlooks, so if its results surpass this forecast, no one will be much surprised.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more »
Don't miss a post! Sign up for our Daily Email and get AllThingsD.com delivered each day.
Get columns, blogs and video from D and All Things Digital on your iPhone. Download now »
