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financial/investor

10/03/2006, 10:20am, EDT

Tuesday, October 3rd

Apple Q4 results expected on Oct 18

Apple is set to reveal its fourth quarter financial results on October 18th alongside its performance during the full year of 2006, which will likely reveal another positive year for sales. The Cupertino-based company also published a QuickTime audio webcast of its senior vice president of retail Ron Johnson's speech at ThinkEquity Partners fourth Annual Growth Conference on September 13th, where the executive discussed future plans to refresh Apple's retail stores with more dedicated iPod listening stations. Johnson also revealed further details of the company's high street success, informing analysts that Apple is currently the fastest-growing retail brand in the U.S., according to Macworld UK. Apple also published an audio webcast of company CFO Peter Oppenheimer's speech at Citigroup's 13th Annual Global Technology conference on September 6th. Apple has sold nearly 3.7 million Macs and more than 30.5 million iPods so far this year, moving toward Apple CFO Peter Oppenheimer's prediction in July that fourth quarter revenue will amount to approximately $4.5 to $4.6 billion. [updated, corrected]


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Apple will...
0
10/03, 12:17pm, EDT
...announce positive results, the stock will drop, analysts will claim they haven't met 'expectations'.
Fresh-Faced Recruit
Joined Jan 2005
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Yea, really!
0
10/04, 10:10am, EDT
How many positive quarters in a row do the investors need for the stock not to be shorted? Oh no, the iPod isn't terabyte HD capacity, voice recording, FM tuner, grapling hook launcher, and have 3 month battery, SHORT SHORT SHORT!
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anaylists say ...
0
10/04, 11:23am, EDT
But if Microsoft reports poor results, analysts will point to the stock's "potential for growth." Replace stockbrokers' PCs with Macs and watch them change their tune.
Fresh-Faced Recruit
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Potential for growth
0
10/04, 1:49pm, EDT
As worm food when they die in 15 years. They need to invest in golden parachutes for msft exec's when apple finally gains 10% share of the pc market it will grow 1-2% per year probably. Once people use a mac, they usually switch. The higher the marketshare, the more potential exposure, etc etc. It won't be stopped. I can't wait :F
Fresh-Faced Recruit
Joined Mar 2003
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