‘Fantastic quarter’ helps Apple double share of U.S. retail notebook market to 12%

“Apple Computer Inc. on Wednesday posted a 48 percent jump in quarterly net income as sales of iPods and Intel Corp.-powered Macintosh computers topped expectations, sending shares [over] 8 percent higher,” Duncan Martell reports for Reuters.

“Apple said it shipped 1.33 million Macintosh computers in the quarter and 8.11 million iPods, increases of 12 percent and 32 percent, respectively, year over year. iPod shipments topped some analysts’ estimates of as low as 7.5 million for the period,” Martell reports. “Peter Oppenheimer, Apple’s chief financial officer, said in an interview that the company had a ‘fantastic quarter,’ adding that its share of the U.S. retail notebook market had doubled to 12 percent as measured by units in June from January.”

“‘Apple looked good,’ said Jane Snorek, technology analyst with First American Funds. ‘The PC numbers were great, too,'” Martell reports. “‘The results for the quarter were very solid, above people’s expectations,’ said analyst Shannon Cross of Cross Research.”

Martell reports, “For the current quarter, Apple forecast earnings per share of 46 cents to 48 cents, on revenue of $4.5 billion to $4.6 billion. Analysts currently expect Cupertino, California-based Apple to earn 51 cents per share, on average, within a range of 43 cents to 60 cents, on revenue of $4.89 billion.”

Full article here.

MacDailyNews Note: That’s “twelve percent,” not “one-point-two percent.” wink

Related articles:
Apple Q3 2006 Conference Call notes – July 19, 2006
Apple reports third quarter results: $0.54 per share on $4.37 billion in revenue – July 19, 2006

47 Comments

  1. Woo Hoo, I knew it — bet most of my investment money on it.

    I have been down for several days — hard disk crash on my AMD-64 Linux box. I lost everything, because my DVD/CD burner software stopped working when I previously upgraded my Linux os version. Just after I tried to get my family pictures backed up, the drive crashed. It gave the “clicks of death” noise when it failed to boot. What a pain in the ass to get back up running. With mixed Ultra ATA and SATA drives, setting up the booting on Linux is a nightmare. Linux is not ready for the masses.

    Those who scream for Apple to license OS X on generic PC hardware — Dvorak, are you reading this — don’t understand the problems. Besides, Apple is on the way to conquer a large chunk of the hardware and os markets.

    Steve sandbagged the anal-ists. Egg is not what hit their faces. It reminds me of the first “Back to the Future” movie when Biff rear ends that truck. He ate some of its contents, which actually probably contained eggs — after they passed through many alimentary canals.

    And the really big buying for the back to school crowd will blow the lid off of Mac sales this quarter. How sweet it is!

  2. LinuxGuy,

    You kinda sickened me with the egg comment.

    Anyway, hard drive failure really sucks, and

    can happen on any platform (of course you know this).

    But you left out one thing: “I, LinuxGuy, am off

    to my nearest Apple store to buy a new Mac”.

    Or at least: “I, LinuxGuy, am waiting for the new Mac

    Pro line to be released so I can snatch one up”.

  3. Who cares if they are running Windows on a Mac. Apple sells the box.

    If people want to spend EXTRA money on f-ing windows crap – I don’t care.

    They probably won’t buy Windows again.

    All I can say is Go Apple – how sweet it is.

  4. How come this article reads 12% market share, while looking at the AP and other stories it only says they grew by 12%? Is there a mistake here, is there something the other news sources didn’t get? Or what’s up?

  5. Big Al,

    Well, just a small sample…. but of the 14 people that I’ve helped switch since Boot Camp came out, all 14 used windows initially on their new Macs. So far, 3 have gone Mac completely. Those three are the first three who switched, and it appears that it takes about 2 months of ooohing and ahhhhing over the Mac OS before they leave windows behind.

  6. MacCrab is showing his true identity again. Macdude~Static Mesh~and whatever other name he had in the past 3 months or so.
    Anyhow, a daily reader of comments just recognizes his comments instantly. All the same crap, copied over a hunderd times in as much different posts.

    MacCrap you still got that super duper 7.1 but not really 5.1 and really only ‘stereo audiophile’ set in your living with at least 150dB continuously, measured sometimes 5 cm from the speakers, sometimes in the middle of the room, but not sure where? For that handsome little US$750,-
    that you claimed to have bought it for?

    A troll is like a turd…you smell it when you get near to it…

  7. Boot Camp/Parallels are a disruptive technology. It’ll be hard to tell how many Mac buyers are running Windows as their primary OS, but Mac sales will rise regardless, which will give OS X more credibility (and expose more people to it). Whether people buy Macs for the hardware or the software, or both, it’s a win-win-win for Apple.

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