News Archive for 03/04/16
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We've updated and posted Earnings Conference call highlights, which includes details on the March quarter and Apple's future outlook for the June quarter.
Martian Technology today announced two new models complimenting its existing Martian NetDrive Wireless products. The new models include new drive capacities and a new Kit edition, allowing users to add their own hard drive to the wirelessly-connected enclosure. Both products offers homes and small offices the ability to add file storage and sharing to their networks by simply plugging the NetDrive into a power outlet. The device also includes a 10/100 Mbps ethernet port that can be used to attach the device to a wired ethernet network. The NetDrive Wireless is available with a 40GB ($400) hard drive or 120GB ($480) hard drive. The Martian NetDrive Wireless Kit is priced at $380.
Apple today posted a net profit of $14 million, or $.04 per diluted share for its fiscal 2003 second quarter ending March 29, 2003. These results compare to a net profit of $40 million, or $.11 per diluted share, in the year-ago quarter. Revenues for the quarter were $1.475 billion, down 1 percent from the year-ago quarter, and gross margins were 28.3 percent, up from 27.4 percent in the year-ago quarter. International sales accounted for 47 percent of the quarter's revenues. Apple said it shipped 711,000 Macs during the quarter: "Our 'year of the notebook' is off to a great start, led by the incredible demand for our new aluminum 12-inch and 17-inch PowerBook G4s...This quarter over 40 percent of the Macs we shipped were notebooks -- our highest percentage ever and well ahead of the industry average." Analysts had expected a profit of $0.02 per share.
Other World Computing today launched its Mercury Elite Pro FW800 series of storage solutions, OWC's first products to support the new IEEE 1394b/FireWire 800 standard. Utilizing a custom Oxford922 bridge solution, the 7200RPM units are available with up to 250GB of storage capacity and 8MB of cache. Each drive includes two (2) nine-pin FireWire 800 (1394b) ports; one six-pin FireWire 400 (1394a) port; one USB 2.0/1.1 port; a 7,200RPM "nearly silent" hard drive; either 2MB or 8MB of cache; a free copy of Intech HD SpeedTools; all connecting cables; and a full two-year warranty. Pricing ranges from $250 (80GB with 2MB cache) to $520 (250GB/8MB cache).
CompuCable has introduced its Power Reach KVM DUO, an electronic Dual-VGA KVM switch. Bundled with ADC and USB adapters, this kit is specifically designed to share PS/2 keyboard, mouse, and two VGA monitors between two multi-monitor G4 Systems (PC as well). It offers support for both USB and PS/2 systems as well as video resolution up to 2048 x 1536 (400MHz bandwidth). The $250 Mac G4 bundle ship with two USB-to-PS/2 adapters and two ADC-to-VGA adapters.
NYRO Technix announced an upcoming update to its NXRAID for Mac OS X solution. The first software-based RAID 5 solution announced for Mac OS X offers partition-based RAID for IDE, FireWire, SCSI and Fiber Channel systems running server or consumer Mac OS 10.2.1 and higher. The update specifically addresses issues that have become known regarding four-drive advance configurations, the new slot-loading Xserve and Mac OS 10.2.5. NYRO currently sells two versions of NXRAID. One is for slot-loading Xserves running Mac OS 10.2.4 only, and the original version (currently v1.1) for all other hardware, excluding 4 drive advanced configuration. These versions will be merged with the release of NXRAID v1.2. Additionally, NYRO Technix says it is seeking a buyer for its software assets, including NXRAID.
Apple said it never made any offer to invest in or buy a music company, responding to speculation the computer maker had been in talks to buy Vivendi Universal's music group, according to Reuters: "The company said in a statement that press reports Wednesday morning attributed to Vivendi board member Claude Bebear are untrue. Earlier, a Vivendi spokesman also said Bebear denies having given a view of any talks that may be underway. The statement came in response to an article on Bloomberg news service that quoted Bebear in an interview... A Bloomberg spokeswoman said earlier that the news agency stuck by its story."
After earlier balking at a new contract, several of Apple's key resellers have inked deals to continue selling Apple gear, according to c|net: "Among the holdouts that have reached a pact with Apple are Dell Computer and regional computer sellers Fry’s Electronics and Micro Center...a Dell representative [also] confirmed that the Apple music players should be available again shortly."
Pixlock announces the final release of Exbem 3.0, an image processing software for Mac OS. Exbem processes and analyzes images, movies, and video 'online'. It provides functionality for basic image manipulation, spatial and temporal filtering, and image analysis. Among the new features of version 3.0 are: Exbem runs natively on Mac OS 9/X and supports 8/16-bits per color channel for images, movies, and video. In addition to the Grayscale and RGB color modes, it can operate in the HSV (Hue, Saturation, Value) color space. For best visual perception, a display manager gives rich control over the way, image data is shown on the screen. Exbem is optimized for AltiVec and multiple processors. (Pricing not available.)
Swedish software developer Demicron announced its interactive web graphics tool WireFusion is now available for Mac OS X. WireFusion 3.2 uses the latest Java Virtual Machine (1.4.1) and can be extended with different WireFusion add-ons. Available add-ons extend WireFusion with: real-time web3D capabilities (WF-3D); interactive zoom (WF-Zoom) and slide show (WF-SlideShow) web presentations; and streaming web video (WF-Video) and audio (WF-MP3). Homepage visitors can view presentations created with WireFusion in all cross-platform Java 1.1-enabled browsers. The price for WireFusion Professional is $400; WF-3D costs $300; WF-SlideShow costs $50; WF-Zoom costs $50; and WF-Video and WF-MP3 are freeware.
Apple will announce its second quarter '03 financial results today after the market closes and will hold a conference call at 5 pm ET to discuss the results (available via QuickTime audio webcast). According to a survey of analysts compiled by Thomson First Call, Wall Street is looking for a profit of 2 cents a share in the quarter, compared to net income of 11 cents in the year-ago period, while revenue is expected to slip to $1.46 billion from $1.495 billion, according to CBS MarketWatch. Meanwhile, Vivendi Universal said Apple may bid $6 billion for its Universal Music Group unit.
Apple reseller Elite Compuyers has filed suit against Apple for $5 million dollars for alleged breach of contract, according to an article in the San Jose/Silicon Valley Business Journal. Meanwhile, several sources indicate that Elite Computers has closed four of its ComputerWare Macintosh retail stores in the San Francisco Bay area. (We previously noted that both Dell and Target also stopped selling Apple products after Apple recently revised the terms of its reseller agreements, while Apple responded saying that the un-renewed reseller contracts made up less than 1.5% of its worldwide revenue in 2002.)
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