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Apple Q4 2008 Financial Results
iPhone, iPod, and Mac sales are all strong: Apple shipped 2,611,000 Macintosh® computers during the quarter, representing 21 percent unit growth and 17 percent revenue growth over the year-ago quarter. The Company sold 11,052,000 iPods during the quarter, representing eight percent ...
Read My Lips: Apple Is a Netbook Maker
bits.blogs.nytimes.com — Apple Chief Executive Steve Jobs hinted Tuesday that the company will jump into the netbook category.... (more) Read My Lips: Apple Is a Netbook Maker
Apple Stops Mac Mini Shipments to Retailers, Says to Expect No More [Rumor]
Apple Stops Mac Mini Shipments to Retailers, Says to Expect No More [Rumor]
gizmodo.com — The Mac mini may be pronounced dead as soon as today's Apple earnings conference call, as two... major retailers in Europe have confirmed to me that they can't order any more of the little computers. While this could signal an updated model coming in, ... (more) Apple Stops Mac Mini Shipments to Retailers, Says to ...
Steve Jobs on Netbooks: "We've Got Some Interesting Ideas" [Apple]
gizmodo.com — When asked about netbooks during his "special guest" appearance on Apple's quarterly earnings call, at first Steve... Jobs seemed pretty down on the whole category, saying that there are "not a lot of them getting sold," and Apple's "entrance into ... (more) Steve Jobs on Netbooks: "We've Got Some Interesting ...

Blog Reactions

iLounge | All Things iPod, iPhone, iTunes and beyond:  News: Apple sells 11.05 million iPods, 6.89 million iPhones in Q4

MacDailyNews:  Apple bulldozes Street: $1.26 EPS; Mac sales reach all-time high of 2.5m, 6.9m iPhones, 11m iPods

MacUser:  The numbers game: liveblogging Q4 2008 earnings

Digital Daily:  Apple: Almost 7 Million iPhones Sold in Q4

Between the Lines:  Apple beats estimates; credits iPhone sales

BLOG.MACMAGAZINE:  Apple anuncia resultados financeiros do Q4; 6,9 milhões de iPhones comercializados e recorde de vendas de Macs

MacBlogz - One Stop Apple News:  BOOM! Apple Officially Smashes Goal of Selling 10 Million iPhones

mocoNews:  Earnings: Apple's Forecast Is Foggy Due To Economy; Sold 6.9 Million iPhones In Q4 To Beat RIM

paidContent:  Earnings: Apple's Forecast Is Foggy Due To Economy; Sold 6.9 Million iPhones In Q4 To Beat RIM

The Unofficial Apple Weblog (TUAW):  Apple Q4 Earnings Call Liveblog

Byte of the Apple - BusinessWeek:  How To Compete In A Downturn? Check Out Apple's Quarterly Earnings

Engadget:  Apple Q408 results out: 6.9m iPhones sold, record Mac sales

TidBITS: Mac News for the Rest of Us:  iPhones, Macs Give Apple a Strong Q4 2008

Profy:  Apple Announces 4th Quarter Results – Too Good To Fear the Recession

HardMac.com:  Yet another excellent Quarter for Apple

Bits:  Steve Jobs's Home Run With the iPhone

Brainstorm Tech: Technology blogs, news and analysis from Fortune Magazine » Apple 2.0:  Apple Q4 earnings: Analyzing the analysts

TechBlog:  Economic BSoD: Computer sellers' pain may be your gain

Gearlog:  Apple Reports Better Than Expected Profits, Warns of Slowdown

Tech Observer:  Why a Recession Could be Great for Apple

dailywireless.org:  iPhone: Money Machine

Mac|Life all RSS Feed:  Apple Announces Q4 Results: “Mac Sales Reach All-Time High”

AppleInsider:  Apple's "real" earnings grew a staggering 124.6% in Q4

GigaOM Network:  We have nothing to fear from iPhone or Android: Microsoft [jkOnTheRun]

jkOnTheRun:  We have nothing to fear from iPhone or Android: Microsoft

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Blog Reactions

News: Apple sells 11.05 million iPods, 6.89 million iPhones in Q4
iLounge | All Things iPod, iPhone, iTunes and beyond — Reporting its fourth-quarter financial results today, Apple said it sold 11.05 million iPods during the quarter — more than an eight percent increase compared to the same quarter last year, and slightly more than the 11.011 million sold in Q3. It also sold 6.89 million iPhones in the quarter, up from 1.119 million in the year-ago quarter and an artificially-low 717,000 in Q3 2008. The company posted revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share, compared with revenue of $6.22 billion and net quarterly profit of $904 million, or ...

Apple bulldozes Street: $1.26 EPS; Mac sales reach all-time high of 2.5m, 6.9m iPhones, 11m iPods
MacDailyNews — ... revenue of $8.05 billion, or 29.4% YOY sales growth. Peter Oppenheimer, Apple’s CFO, had provided guidance of "about $7.8 billion" and earnings per diluted share of "about $1.00.” In accordance with the subscription accounting treatment required by GAAP, the Company recognizes revenue and cost of goods sold for iPhone and Apple TV over their economic lives. Adjusting GAAP sales and product costs to eliminate the impact of subscription accounting, the corresponding non-GAAP measures ( more info ) for the quarter are $11.68 billion of “Adjusted Sales” and $2.44 billion of ...

The numbers game: liveblogging Q4 2008 earnings
MacUser — ... I am buzzing with excitement over Apple’s Q4 financial conference, which gets underway in just a short while. Or maybe that’s interference from my iPhone. Or a swarm of angry bees. So many potential sources. Anyway, as we get ready to liveblog the heck out of the Peter Oppenheimer and Tim Cook Power Hour over at the mothership (link below), here are the numbers from Apple’s own press release. ...

Apple: Almost 7 Million iPhones Sold in Q4
Digital Daily — ... forecasts and then exceeds them, appears to have done so once again. The company posted revenue of $7.9 billion and net quarterly profit of $1.14 billion, quite a bit more than the profit of $1 a share on $7.8 billion in revenue it had forecast. It shipped 2,611,000 Macs during the quarter and nearly 7 million iPhones — 6,892,000 to be exact. “Apple just reported one of the best quarters in its history, with a spectacular performance by the iPhone—we sold more phones than RIM,” CEO Steve Jobs said in a statement. “We don’t yet know how this economic downturn will affect ...

Apple beats estimates; credits iPhone sales
Between the Lines — ... Apple reported fiscal fourth quarter earnings of $1.14 billion, or $1.26 per share, on revenue of $7.9 billion, beating Wall Street estimates of $1.11 per share on $8.05 billion in revenue. ( statement ) The company credited the strong quarter partly on iPhone sales - “We sold more phones than RIM,” CEO Steve Jobs said in a statement. Still, investors are looking ahead at the holiday season, asking if a new line of iPods and a refresh of the MacBook line can counter the global economic slump and uncertain consumer confidence. In the same quarter last year, Apple reported ...

Apple anuncia resultados financeiros do Q4; 6,9 milhões de iPhones comercializados e recorde de vendas de Macs
BLOG.MACMAGAZINE — Como previsto, a Apple anunciou hoje seus resultados financeiros para o quarto trimestre fiscal de 2008, finalizado em 27 de setembro. A companhia postou um faturamento de US$7,9 bilhões e um lucro líquido de US$1,14 bilhões — ou US$1,26 por ação diluída. No mesmo período do ano passado, ela havia registrado uma receita de US$6,22 bilhões e lucros de US$904 milhões — ou US$1,01 por ação diluída. A margem bruta do trimestre foi de 34,7%, comparada a 33,6% em 2007. Já as vendas internacionais compreenderam 41% do faturamento do ...

BOOM! Apple Officially Smashes Goal of Selling 10 Million iPhones
MacBlogz - One Stop Apple News — ... to outperform, the stock could end up being a “buy” for many people. If Apple can hold out for another 18 months, through what is inevitably going to be a tough 2009, shares of the Cupertino tech firm could stabilize and more accurately reflect the company’s revenue and premium market position. Apple’s earnings releases can be found in the Investor Relations section of their website, and today’s Press Release specifically can be found here.

Earnings: Apple's Forecast Is Foggy Due To Economy; Sold 6.9 Million iPhones In Q4 To Beat RIM
mocoNews — ... the devices. To draw a clearer picture of results, for the first time, and now going forward, Apple will report non-GAAP results that factor in iPhone sales. When you add those revenues in to GAAP results, Apple's sales jump by $3.8 billion and net income increased by $1.3 billion, which more than doubles GAAP results. More from the call on the iPhone beating RIM (NSDQ: RIMM) and a guest appearance by Steve Jobs, who discusses his view of the economy. Release Earnings Call. Social Media Deals Report: This ...

Earnings: Apple's Forecast Is Foggy Due To Economy; Sold 6.9 Million iPhones In Q4 To Beat RIM
paidContent — ... the devices. To draw a clearer picture of results, for the first time, and now going forward, Apple will report non-GAAP results that factor in iPhone sales. When you add those revenues in to GAAP results, Apple's sales jump by $3.8 billion and net income increased by $1.3 billion, which more than doubles GAAP results. More from the call on the iPhone beating RIM (NSDQ: RIMM) and a guest appearance by Steve Jobs, who discusses his view of the economy. Release Earnings Call. A Complimentary Webinar from ...

Apple Q4 Earnings Call Liveblog
The Unofficial Apple Weblog (TUAW) — ... Topline results from Apple: 1.26 per share on revenue of 7.9B, net quarterly profit of 1.14B. 34.7 % gross margin. 2.6M Macs shipped in the quarter, 11M iPods, 6.9M iPhones. Sold more phones than RIM (!). ...

How To Compete In A Downturn? Check Out Apple's Quarterly Earnings
Byte of the Apple - BusinessWeek — ... Posted by: Peter Burrows on October 21 Help, I think I’m caught in a reality distortion field—or am I? I’m talking, of course, about Apple’s quarterly numbers announced today. Yes, they missed analysts expectations slightly on the top line, and pronounced the fourth quarter outlook as “foggy.” But talk about being prepared for the downturn. As if $24.5 billion in the bank wasn’t enough of a buffer, the company cranked up its earnings even as rivals such as ...

Apple Q408 results out: 6.9m iPhones sold, record Mac sales
Engadget — ... Read | Permalink | Email this | Comments

Apple’s New Numbers: Dialing Up Its Mobile Phone Results
Between the Lines — ... The most notable number from today’s Apple earnings call: 39%. That is the percentage of its sales that Apple says went to the iPhone in its fourth quarter , which ended Sept. 27. All told, Apple said it sold $4.6 billion worth of iPhones worldwide, in the quarter. In unit terms, it sold 6.9 billion, propelled by the launch of the iPhone 3G. Suddenly, it is past its 10 million units goal for all of 2008. Now here’s the mathematical rub: If you took that number and divided it by Apple’s official sales for the quarter, $7.9 billion, you’d get the impression that Apple is, in ...

Apple Call: Jobs Says iPhone Revs Total $4.6 Billion Making Apple The Third-Largest Phone Maker
paidContent — ... $11.7 billion, or about $3.8 billion higher than its reported revenue, and adjusted net income was $2.4 billion, jumping by $1.3 billion than reported net income. "We believe this adds transparency to our business, and is helpful to you." Oppenheimer said because of the uncertainty in the market, they are going to be prudent in predicting results for the September quarter. He said Apple is targeting revenue of $9 to $10 billion and earnings per share between $1.06 and $1.35. Release | Earnings Call. In a rare appearance, Steve Jobs ...

Earnings Call: Jobs Says iPhone Revs Total $4.6B, Making Apple The Third-Largest Handset Maker
mocoNews — ... in 62 countries. "Competitors are scrambling to copy our app store." -- On the economy: Jobs told analysts and press on the call that they believe they will do fine because they have have good customers, good products, good employees, $25 billion in cash and zero debt. Jobs: We will increase our R&D; investments because they created some of the best products in the last downturn. "It is an extraordinary opportunity for companies that have the cash." Release | Earnings Call. Related ...

Apple up 11 after Q4 conference call
The Unofficial Apple Weblog (TUAW) — Filed under: Apple Financial Apple shares were higher by over 11 points in after-hours trading following a very positive Q4 conference call where the company announced a profit of $1.26 per diluted share. As we noted in our liveblog earlier, Apple posted a profit of $1.14 billion on revenues of $7.9 billion for the quarter. The company also said it had sold 2.6 million Macs, 11 million iPods, and 6.8 million iPhones in the three months ending September 27. It's safe to say we're past the 10 million mark for iPhone unit sales. ...

iPhones, Macs Give Apple a Strong Q4 2008
TidBITS: Mac News for the Rest of Us — ... Last year at this time, I commented that the Mac had made a comeback as a major contributor to Apple's bottom line after several quarters where the iPod dominated the balance sheets. With today's release of the company's Q4 2008 financial results, the Mac is joined decisively by the iPhone, which, including sales to date, has now surpassed Apple's goal of selling 10 million units during 2008. ...

Apple Announces 4th Quarter Results – Too Good To Fear the Recession
Profy — ... Today Apple has announced financial results of the 4th quarter and they are better than the Wall Street analytics predicted: with 6.9 million iPhones sold and Mac sales at all times high it could hardly be better. The revenue announced is $7.9 billion and net profit is $1.14 billion. The quarterly revenue announced today brings Apple’s annual revenue for 2008 to the amount 35% higher than in the previous year. ...

Yet another excellent Quarter for Apple
HardMac.com — Source : AppleLast night Apple posted the financial results of the last quarter. They are again very good with a turnover of of 7,9 billion dollars and a profit of 1,14 billion. They sold over the period 2.611.000 Mac, which represents a growth of 21% compared to the same period last year, 11.052.000 iPod, and 6.892.000 iPhones. Note that this last figure allows them to easily pass by RIM. A very in-form Steve Jobs declared that even though he did not know where the crisis would carry them, they had the strongest product range in their history, ...

Steve Jobs's Home Run With the iPhone
Bits — ... it is the third-biggest maker of cellphones in the world by revenue, after Nokia and Samsung. And it sold more phones than Research In Motion, the maker of the iconic BlackBerry. The numbers are stunning. In the quarter ended in September, Apple said iPhone sales represented 39 percent of the company’s $11.6 billion in revenue (adjusted for some accounting technicalities). That means Apple sold $4.5 billion worth of iPhones in the quarter. Apple said it sold 6.9 million iPhones in the first quarter in which it sold the new iPhone 3G model, more than it sold of the first ...

Apple Q4 earnings: Analyzing the analysts
Brainstorm Tech: Technology blogs, news and analysis from Fortune Magazine » Apple 2.0 — ... Last week, Andy Zaky of Bullish Cross, representing a group of unpaid analysts who follow Apple (AAPL) in blogs, challenged the professionals who do it for banks and brokerage houses — and whom the bloggers claim are clueless (see Apple Q4 earnings smackdown). So now that Apple has reported its 2008 Q4 earnings, how did the two teams do? The results are summarized in the chart below, with estimates closest to the mark highlighted in green and the worst highlighted in orange: What jumps out of the chart ...

Economic BSoD: Computer sellers' pain may be your gain
TechBlog — ... . It's hard to see how they could get much lower. One big exception, of course, will be Apple, which yesterday announced its quarterly earnings . The company did well, as expected, largely based on ...

Apple Reports Better Than Expected Profits, Warns of Slowdown
Gearlog — ... Apple today issued the financial results for the fiscal 2008 fourth quarter. The results where better than many expected, thanks in no small part to the continued success of the company's iPhone, but Apple, joined on the call by Steve Jobs in the first time since 2000, warned that the company's success was likely to slow down in the near future. ...

Why a Recession Could be Great for Apple
Tech Observer — ... Kevin Maney writes: After all the analysis of Apple's earnings yesterday, after jaws got hinged back into place after seeing iPhone sales numbers, after everyone heard Steve Jobs' voice and was convinced he's not about to go knocking on heaven's door -- one moment in the conference call stood out. ...

iPhone: Money Machine
dailywireless.org — Less than two years after saying it would enter the business, Apple now says it is the third-biggest maker of cellphones in the world by revenue, after Nokia and Samsung. And it sold more phones than Research In Motion, the maker of the iconic BlackBerry, says the NY Times. Apple sold 6.9 million 3G iPhones in the first quarter, more than their first model sold in a year. ...

Apple Announces Q4 Results: “Mac Sales Reach All-Time High”
Mac|Life all RSS Feed — [image] Apple announced financial results for its fiscal 2008 fourth quarter. The company posted revenue of $7.9 billion and a net quarterly profit of $1.14 billion. Apple’s gross margin was 34.7 percent, up from 33.6 percent last year. International sales made up 41 percent of Q4’s revenue. The company shipped 2,611,000 Apple computers during the quarter, accounting for 21 percent unit growth and 17 percent revenue growth from last year. This could only mean that more consumers are purchasing Macs. “We’re very pleased to have grown revenue 35 percent and to have generated ...

Apple's "real" earnings grew a staggering 124.6% in Q4
AppleInsider — ... measures in place today, Apple could only boast a 23% growth rate in GAAP earnings. The table below compares Q4 2007 adjusted earnings to Q4 2008 adjusted earnings. Notice that Apple grew its operating income at a pace of 149.2%. This is a direct result of the revenue growth rate and gross margin percentage growth rate significantly outpacing the growth rate of operating expenses. Method for Arriving at Non-GAAP based Adjusted Earnings for Q4 2007 Since Apple didn't start releasing adjusted earnings results until this past Tuesday, I had to reconstruct Apple's fiscal Q4 2007 ...

We have nothing to fear from iPhone or Android: Microsoft [jkOnTheRun]
GigaOM Network — ... Microsoft has positioned Windows Mobile quite nicely in the enterprise but it seems these days that the buzz is in the consumer space. Apple's recent revelations that they've sold 6.8 million iPhone 3Gs in a quarter and the release of the first Android phone have moved the attention squarely into the consumer space.  In a recent ...

We have nothing to fear from iPhone or Android: Microsoft
jkOnTheRun — ... Microsoft has positioned Windows Mobile quite nicely in the enterprise but it seems these days that the buzz is in the consumer space. Apple's recent revelations that they've sold 6.8 million iPhone 3Gs in a quarter and the release of the first Android phone have moved the attention squarely into the consumer space.  In a recent ...

Microsoft closes the quarter with less cash than Apple
VentureBeat — ... is an astounding fact. For the first time that I can remember, Microsoft closed the quarter with less cash than Apple. Cash, cash equivalents and short-term investments for Microsoft add up to $20.7 billion. Apple, meanwhile, closed the quarter with $24.5 billion. ...

Analyst: Apple could crush competitors with a $99 iPhone
Between the Lines — ... In addition, blog post noted that Apple’s growth in non-GAAP revenue - which it said it now would be reporting separately in quarterly earnings calls - could also give the company some serious wiggle room to adjust the iPhone’s price. The company said earlier this month: Management uses Adjusted Sales to evaluate the Company’s growth rate, revenue mix and performance relative to competitors. Given the significant increase in iPhone unit sales during the quarter ended September 27, 2008, Adjusted Sales provides a meaningful measurement of the Company’s growth by reflecting ...

Apple And Microsoft Earnings Are Near Equal
WebProNews Feed — [image] A friend sent me this link comparing revenue, profit, and cash positions for Microsoft and Apple. I almost fell off my chair when reading this data from Microsoft s and Apple s most recent quarterly filing: Seriously, when did this happen??? I mean, I knew Apple was doing well, but I d taken the time to compare their financials versus Microsoft. Wow. Nice work Team Apple! Next, via Matt Asay, Gizmodo is reporting that the new MacBooks will prevent Jailbroken iPhone and iPod devices. It seems that the culprit is ...

Businessweek’s Hesseldahl blows it again: Misreports Apple’s total iPhone sales since 2007 debut
MacDailyNews — ... . Add the two together and Apple has sold 13.016 million total iPhone units since the device's debut in 2007 ( Apple sold 6.892 million units alone in fiscal Q408 , ended September 27, 2008). Full article ...

Filing in the GAAP — an Apple earnings primer
VentureBeat — ... , $78.20 a share. It very well may be a mistake for Apple to use this subscription-based accounting to save customers $9.99 in software update costs, but that’s why Apple also supplies Non-GAAP financial details now in its earnings reports. For a look at the health of the company in the present day, those might be the smarter numbers to look at. ...

Apple Sold Twice As Many iPhones As Macs Last Quarter. And It’s Closing The Gap On iPod Sales Too
TechCrunch — ... And it nearly was the record for iPhones sold in a quarter, which happened in Q4 last year, with almost 6.9 million iPhones sold thanks to the full brunt of the iPhone 3G sales. Again, these new Q3 2009 numbers only include a few weeks of iPhone 3GS sales. ...

Apple Sold Twice As Many iPhones As Macs Last Quarter. And It’s Closing The Gap On iPod Sales Too
CrunchGear — ... sales. Let's just say it: The iPhone looks well on its way to being Apple's primary business. Last quarter, Apple sold 5.2 million iPhones. That's a colossal 626 percent growth over the year ago period, when Apple sold 717,000 iPhones. Now, it's important to note that the iPhone 3G wasn't released last year until July, while the new iPhone 3GS dropped in June this year. But still, the difference is huge. And it nearly was the record for iPhones sold in a quarter, which happened in Q4 last year, with almost 6.9 million iPhones sold thanks to the full brunt of the iPhone 3G ...

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