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Apple rolls to record profits
By Peter Burrows
Technology
* Apple Climbs as Revenue Forecast Tops Analysts' Predictions
* Yahoo Shares Decline After Second-Quarter Sales Miss Estimates
* Kleiner Perkins, Sequoia Team Up on Jive
* Steve Jobs, Apple Get a Vote of Confidence After 'Antenna-gate'
* Hynix Posts Record Profit, Sales, Beating Estimates
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When Apple (AAPL) Chief Executive Officer Steve Jobs announced he was giving away $30 plastic cases to dissatisfied iPhone 4 owners on July 16, Wall Street breathed a sigh of relief. There would be no expensive recall of the more than 3 million reception-challenged devices that had been sold since the iPhone 4's debut on June 24.
Then came Apple's blowout second-quarter results announced on July 20, when the company reported profits of $3.25 billion on $15.7 billion in sales. Analysts were expecting $2.9 billion in earnings on sales of $14.7 billion, according to data compiled by Bloomberg. Judging from the two- to three-week waiting lists to buy an iPhone 4, "Antenna-gate," as Jobs calls it, has not caused Apple-entranced consumers to lose faith. "Let me be very clear on this," Chief Operating Officer Tim Cook said during Apple's earnings call with analysts. "We are selling every unit we can make."
Mac sales also set an all-time record, and the three-month-old iPad sold so briskly that it is already bringing in more revenue than the still-growing iPod business. "For many people in this economy, Apple is what makes them happy," says Kaufman Brothers senior analyst Shaw Wu. "Its products make their lives easier and provide some entertainment, at a time when people don't feel good about a lot of other things in their lives. It sounds silly, but it's not that far from the truth."
Apple's run is far from over, says hedge fund investor David Einhorn of Greenlight Capital, who has been buying shares. "While growth over the next few years will certainly be slower than it has been over the last few years," he wrote in a July 16 letter to investors, "AAPL does not appear to have fully penetrated its market opportunities." |
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（23年8月更新）八一八澳洲那些臭名昭著的连环杀人案和谋杀案 (2017-11-2) nancylee 
难忘一刻征文-I am, you are, we are Australian (2005-1-28) JACK 
杂感 ---厚道的标准之一 (2008-9-18) 飞儿 
楼主:bulaohu
发表于 2010-7-19 10:44
