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#1 2004-01-14 3:50 pm

titus02906
Buried alive in the Japanese Knotweed.
From: Monster Island
Registered: 2002-01-24
Posts: 1089
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Apple posts year over year growth

Double digit growth, revenue increase of 36%, some 829,000 Macs shipped, 733,000 iPods, God knows how much in software. Damn good quarter, if you ask me.

http://www.apple.com/pr/library/2004/jan/14results.html


"This is no bar room brawl. These are the bad ol' days. The all or nothing days.They're back!"
Marv, SIN CITY

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#2 2004-01-14 3:58 pm

Blondie-Wan
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Registered: 2003-07-27
Posts: 3351

Re: Apple posts year over year growth

Good show.  up

I'm about to try to catch the quarterly results conference call.


Ignorance is bliss, stay ignorant when it comes to the military, and the better off you will be.

... Christianity should be oozing out of every crevice of society.

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#3 2004-01-14 4:45 pm

thugmoni
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From: San Ramon, CA USA
Registered: 2001-05-09
Posts: 1845

Re: Apple posts year over year growth

First time for 2 Billion quarter revenue. That's good.


Intel iMac / 10.4.8 (at home)
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#4 2004-01-14 4:47 pm

AsgardTex
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From: Undisclosed.
Registered: 2000-05-02
Posts: 2442
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Re: Apple posts year over year growth

w00t! Makes me glad to be a stockholder.

smurf. I don't have any stock.

Bummer.


You ever see the back of a twenty dollar bill... on weed? Jon Stewart

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#5 2004-01-14 5:02 pm

Tickle-Me-Eric
The Asthmatic Avenger
From: Hollywood, CA
Registered: 2000-06-12
Posts: 3462
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Re: Apple posts year over year growth

Yup, sounds good!


"Obviously they have mistaken me for a much shorter man"
- Cary Grant as Roger Thornhill, in North by NorthWest

"There's no emoticon for what I'm feeling!"

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#6 2004-01-14 7:41 pm

AMD
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Registered: 2002-12-12
Posts: 1958

Re: Apple posts year over year growth

Double digit growth, revenue increase of 36%, some 829,000 Macs shipped, 733,000 iPods, God knows how much in software. Damn good quarter, if you ask me.

http://www.apple.com/pr/library/2004/jan/14results.html

If you're interested in actual numbers relative to the computer industry:

CNET News.com
January 14, 2004, 3:30 PM PT
Among other companies with notable results, eMachines jumped into the top five manufacturers in the United States, according to Kay, passing both Gateway and Apple Computer. Toshiba, meanwhile, was in the top five in the United States and worldwide because of notebook sales.

By contrast, Gateway saw its market share shrink in the fourth quarter, Smulders said. Apple also saw its market share stay below the 2 percent mark worldwide in 2003 and below the 3 percent mark in the United States for the year, Smulders said.

From IDC who has Apple at 3.5% for 2002, 3.2% for 2003

Top 5 Vendors, U.S. PC Shipments, 2003 (Preliminary)

(Units Shipments are in thousands)


2003                   2003         Market   2002     Market  Growth
Rank    Vendor    Shipments  Share  Shipments  Share  2003/2002
----------------------------------------------------------------------

  1      Dell               16,319   30.9%    13,326   28.0%   22.5%
  2      HP                 10,851   20.6%     9,292   19.5%   16.8%
  3      IBM(d)             2,748    5.2%     2,541    5.3%    8.1%
  4      Gateway(d)      1,987    3.8%     2,725    5.7%  -27.1%
  5      Apple           1,675    3.2%     1,679    3.5%   -0.2%

         Others             19,158   36.3%    18,030   37.9%    6.3%

         All Vendors        52,739  100.0%    47,592  100.0%   10.8%

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#7 2004-01-14 7:48 pm

fizzwinkus
purebred fizzlewink
From: Austin, Texas
Registered: 2000-08-10
Posts: 4016
Website

Re: Apple posts year over year growth

what are you trying to say, most americans have bad taste?


Warmest regards.

Sincerely,
Kevin

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#8 2004-01-14 7:59 pm

Blondie-Wan
Member
Registered: 2003-07-27
Posts: 3351

Re: Apple posts year over year growth

what are you trying to say, most americans have bad taste?

Indeed, we already know that...


Ignorance is bliss, stay ignorant when it comes to the military, and the better off you will be.

... Christianity should be oozing out of every crevice of society.

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#9 2004-01-14 8:09 pm

fizzwinkus
purebred fizzlewink
From: Austin, Texas
Registered: 2000-08-10
Posts: 4016
Website

Re: Apple posts year over year growth

lol  smile


Warmest regards.

Sincerely,
Kevin

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#10 2004-01-14 8:23 pm

wellfleation
High on Life
From: Metheun, Mass.
Registered: 2001-11-13
Posts: 8684

Re: Apple posts year over year growth

Double digit growth, revenue increase of 36%, some 829,000 Macs shipped, 733,000 iPods, God knows how much in software. Damn good quarter, if you ask me.

http://www.apple.com/pr/library/2004/jan/14results.html

----------------------------------------------------------------------

  1      Dell               16,319   30.9%    13,326   28.0%   22.5%
  2      HP                 10,851   20.6%     9,292   19.5%   16.8%
  3      IBM(d)             2,748    5.2%     2,541    5.3%    8.1%
  4      Gateway(d)      1,987    3.8%     2,725    5.7%  -27.1%
  5      Apple           1,675    3.2%     1,679    3.5%   -0.2%

         Others             19,158   36.3%    18,030   37.9%    6.3%

         All Vendors        52,739  100.0%    47,592  100.0%   10.8%

I wonder if BMW's are in the top three cars sold. They aren't you say? Then that must then mean they are sucky machines and are doomed for bankruptcy just like Apple. Just because you can't afford a superior machine with a superior OS that kicks, you feel constantly compelled to take digs? Get a life dude.   

Yeah, I know this analogy has been used before, it's just sooo easy and to the point. Then again, some people just don't get it and never will. Some peoples kids are just plain, durrrrrr. . .dumb.


FIGHThttp://img.photobucket.com/albums/v317/wellfleation/stern-h1_01.jpgPOWER

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#11 2004-01-14 10:10 pm

thugmoni
Member
From: San Ramon, CA USA
Registered: 2001-05-09
Posts: 1845

Re: Apple posts year over year growth

Actually, Apples net income of 63 million is very very very low for revenue of 2 billion dollars. I'm glad Apple is turning a profit, but really,where is all the money going?

Their gross profit margin is 27%. That means there was 540 million dollars of gross profit. They are spending way too much on general selling and administrative. But then again, they have to.

thugmoni


Intel iMac / 10.4.8 (at home)
G5 1.6 / 10.3.8 (work)
G4 Dual 1.25 / 10.3.8 (work)
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#12 2004-01-14 11:10 pm

jaxbrokenheart
Member
From: St. Louis
Registered: 2003-02-13
Posts: 4586

Re: Apple posts year over year growth

Actually, Apples net income of 63 million is very very very low for revenue of 2 billion dollars. I'm glad Apple is turning a profit, but really,where is all the money going?

did anderson ever say anything about how much went into R&D this quarter?

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#13 2004-01-15 12:49 am

Blondie-Wan
Member
Registered: 2003-07-27
Posts: 3351

Re: Apple posts year over year growth

Actually, Apples net income of 63 million is very very very low for revenue of 2 billion dollars. I'm glad Apple is turning a profit, but really,where is all the money going?

did anderson ever say anything about how much went into R&D this quarter?

This board's own AaronS did in this post just the other day:

Only somewhat on topic, but still interesting, on R&D Costs. The following information was gotten from Yahoo's financial page:


Research Development costs for Dell in thousands (Q1 2003 through Q4-2003)
118,000


Ignorance is bliss, stay ignorant when it comes to the military, and the better off you will be.

... Christianity should be oozing out of every crevice of society.

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#14 2004-01-15 11:57 am

thugmoni
Member
From: San Ramon, CA USA
Registered: 2001-05-09
Posts: 1845

Re: Apple posts year over year growth


There you go; Apple spent $471 million on R&D last fiscal year ($9 million more than Dell, a company with more than six times the yearly revenue).

As Apple grows though, the % of Research and Development plus General Selling and Administrative Cost to Revenue will drop. As the Revenue goes up, the net income % will rise.


Intel iMac / 10.4.8 (at home)
G5 1.6 / 10.3.8 (work)
G4 Dual 1.25 / 10.3.8 (work)
eMac 1.25 / 10.3.8 (work)

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#15 2004-01-15 12:07 pm

Enos Shenk
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From: /dev/null
Registered: 2003-01-30
Posts: 415
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Re: Apple posts year over year growth

What? Dell spends money on R&D?

Learn something new every day....

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#16 2004-01-15 1:36 pm

Mac Daddy
Member
From: Canada
Registered: 2000-08-28
Posts: 7541
Website

Re: Apple posts year over year growth

What? Dell spends money on R&D?

It cost money to reverse engineer you know.


"The only thing better than a woman you can control in bed, is one that you can't."

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#17 2004-01-15 2:55 pm

Blondie-Wan
Member
Registered: 2003-07-27
Posts: 3351

Re: Apple posts year over year growth


There you go; Apple spent $471 million on R&D last fiscal year ($9 million more than Dell, a company with more than six times the yearly revenue).

As Apple grows though, the % of Research and Development plus General Selling and Administrative Cost to Revenue will drop. As the Revenue goes up, the net income % will rise.

Of course, but I wasn't saying anything about the percentage of revenue that R&D is; I was remarking on the fact that Apple simply spends more on R&D than a company with more than six times the revenue. Even as the % of Apple revenue they spend on R&D declines, it still won't be as low as that of Dell's. Even now it could spend a lower amount on R&D than Dell does and still spend a higher percentage, but it goes beyond that - it actually spends more money on R&D than a company with more than six times the revenue.


Ignorance is bliss, stay ignorant when it comes to the military, and the better off you will be.

... Christianity should be oozing out of every crevice of society.

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