[This is an updated article that was originally posted on Monday, January 16, 2006 – 12:09pm EST]
Apple will announce financial results today. Apple’s conference call webcast discussing Q1 – 2006 financial results will begin at 2pm PT/5pm ET.
We already know some information, thanks to Apple CEO Steve Job’s Macworld Expo keynote address and Apple’s January 10, 2006 SEC 8-K filing. Apple’s retail stores generated $1 billion in quarterly revenue for the first time ever, contributing to total Company revenue for the quarter of approximately $5.7 billion. The Company sold 1.25 million Macintosh computers and 14 million iPods during the quarter.
QuickTime required. The webcast will be available here.
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Related articles:
Macintosh very important to Apple; 1.25 million Macs sold last quarter – January 14, 2006
Red Herring: deep questions linger about Apple Macintosh’s future – January 14, 2006
Hey, anyone up for playing the “predict the negative spin” contest? After some of the articles I read on the 1.24 Mil figure, I can’t imagine what doom and gloom stories will come out after wednesday!
MW: house. You’ve got me there! MDNMW psychic abilities waning?
I predict the market will some how give Apple a $10 loss on it’s Shares, then some Fat Wallet broker will snap-up a few million Shares at the reduced rate, then, wait a couple of days & when it goes back up $20, he’ll then sell them, making big fat profit for his even bigger Fat Wallet he got for Christmas.
Hey, anyone up for playing the “predict the negative spin” contest?
1) 1.25 million Mac is “only” 25% year-on-year growth instead of ~50% like previoius quarters!
2) Apple sold “only” 14 million iPods, when they could have sold even more because of supply problems. Same old story again – Apple can never make enough of a hot product, thus leaving “money on the table.”
3) Apple is clearly overly dependent on iPod sales to grow the company. The Mac is dying.
4) Steve Jobs’ stock grant will vest in a few months, and will be worth $800+ million. The company is wasting money overcompensating executives! Furthermore, why isn’t Apple recording such grants as expenses??
5) Still no real challenger to the Windows Media Center. Apple is doomed!
6) Now that “Plays for Sure” has been out for a few months, iPod is REALLY in trouble! There is no way that Apple can beat off Frankensteinian music players because, as everyone knows, having a dozen cooks makes for a better stew! Sell, sell, sell!
Now seriously, just remember if there is a sell-off, it is a BUY OPPORTUNITY. Just a few months ago, analysts got ahead of themselves and called Apple “disappointing” because they only sold 6.3 million iPods. The stock dropped from $51 to $46. A bunch of people saw the opportunity and snapped up AAPL in after hours. The very next day, the stock bounced back up to $51 as sobriety sunk in.
Very good stock advice, NewType.
Apple is just beginning to grow and MS is on a slow death spiral downward; with each one an accelerating factor of the other.
The latest news about XP SP3 and Vista delays do not bode well. Add to that the fact the IT departments are hesitant to implement any MS changes until the new bugs are reported, this will all make XP seem like an archaic system. And then, Apple releases Leopard (v10.5) later this year ’06 to make the gap even wider.
Although Apple did make a HUGE MISTAKE… there are NO office-type applications on the Intel Mac… AppleWorks is MISSING!! You are forced to buy it or iWorks. I think someone messed up there. I would have liked to have seen iWorks included. It would make the new iMac MUCH MORE attractive to new buyers, both, home and business users.
NewType,
yeah, the last quarter’s tank was pure hysteria, and was the first time I made a short-term speculation.
I’ve got some Apple shares, but had no money for more.
So I overdrew on my current account, €3000, and sold a week later. I made a net profit of €400.
I was new to this game and I felt a bit guilty somehow – it was the first time I’d ever made money without working for it.
I know this sum is peanuts to most investors, but hey you can buy a lot of peanuts for €400!
I put it towards a new Mac instead.
Yeah, in addition the negative spin will say:
* Apple’s computer growth rate ONLY 2x, not 3x the market.
* Apple not opening 35 stores next year, only 25.
* No new shuffle.
* Gross margins decline from 29.0% to 28.9%.