Interest increases profit

Apple has had several quarters, in the last two years, where interest moved them into the black. If you just look at Apple's sales, minus expenses, then previous quarterly results don't look as good as they initially seem to. Apple has been riding on the edge of making a profit or a loss for several fiscal quarters in a row.

remember

its shortsight greedy day traders like those at companies like merryl lynch that did not see but had a big part in the enrons of the world.

can someone tell me

What is net interest income?

i think

its the ammount of money they make off the interest of the 4 billion they currently have in the bank

i could be wrong though.

Re: i think

close, it's the interest on their OVER 4 billion in the bank after the govt gets done with 'em, or taxes as they say.

can't wait

to hear the results....

intel

update Intel on Tuesday reported better-than-expected earnings for its fourth quarter, thanks in part to stronger sales of high-end processors for PCs and servers.
The chipmaker reported a net profit of $1 billion, or 16 cents per share, after charges for acquisitions. Before acquisition costs, net profit was $1.1 billion. Intel's revenue for the quarter, which ended Dec. 28, was $7.2 billion, up 10 percent sequentially from the third quarter.

Analysts had expected Intel to post a per-share profit of 14 cents on revenue of $6.9 billion for the fourth quarter, according to a First Call poll.

I am

hungry

I am

horny

It's Over

Apple lost 8 million. All is lost. Sell your Mac and get a PC.

News Flash

Everyone is losing money now...

But!

If you don't count the restructuring costs, it was a gain of 11 million! See, there's always a way to spin things! This is big business. Its easy.

Hey, and if you don't count the people who haven't upgraded to OS X, then OS X is used by 100% of mac users!

Revenues up too!

You know why! Its all that nickel and diming the users to death. Charging us for stuff that should be free, like .Mac and iDVD. Oh, and lets not forget how they crippled the memory in the new PowerMacs. I'm sure that helped their bottom line. Geesh. How dare they. And for what? To make more money? Losers.

re: It's over..

the sky is falling!!! some of you folks have an inexhaustable capacity for being.. not very bright.

boy, if we're going to start selling off and give up everytime a company posts a(n arguably perceived) loss - DURING A f****** RECESSION - then we're gonna have far more than 6% unemployment.. try more like 50%. How many tech companies do you know posting gains? We'd be happy for you to contribute a list..

h***.. gateway closed 4 stores recently and their stock is 3 freakin' dollars!.. and you're worried about apple with 4.4billion in CASH?

if i had a pile of money laying around, i'd be buying LOTS of AAPL right about now.. talk about undervalued.. sheesh..

Yeah..

If all those darn apps were free and those fancy computers be oh about $100, Apple would have been swimmining in profit.

But no, they had to tighten up their ship during a recession. They had to make products off what they have access to now, not like those still-being-produced mega-processor chips.

Or else I won't buy any of their stock..Oh wait, I don't have income either to buy stock. Lucky rent in mom's basement is free.

ya ya ya..

re:re: It's over..

hahaha. Good points.

Free iApps

There is no reason why .Mac and iDVD should have been free, but even if they were free, how would that have helped Apple post a higher profit?

If Apple gave away .Mac for free then they would not have any of the revenue that was generated by selling the .Mac services. Also if it were free then more people would be registered and Apple would incur higher maintenance expenses than they do now. Both of these factors would have caused Apple to have a lower bottom line.

As for iDVD, it has never been free and there is no reason for it be provided for free. No other software company is providing DVD development software for free, why should Apple be expected to do so?

Also, I think it was a mistake for Apple to make iMovie 3 a free download. iMovie 2 was not free; why should iMovie 3 be free?




BTW, Apple posted a profit. The 17 million restructuring costs are more of an accounting manipulation than they are a real expense. If you do not understand, then go ask a corporate accountant.

Apple's "free" softwar

"Also, I think it was a mistake for Apple to make iMovie 3 a free download. iMovie 2 was not free; why should iMovie 3 be free?"

Because the "free" Apple applications help consumers justify the extra expense of choosing a Mac over the plethora of less expensive PC systems. Apple has to do something to add value, and it's badly losing the hardware spec race due to Motorola's impotence, so it's chosen instead to emphasize the elegance of Mac OS X by including such "free" software.

SEATTLE (AP) -- Microsoft Corp. announced its first-ever dividend to shareholders Thursday and said it will issue a two-for-one stock split.

Heeding some investors calls to share in the Redmond software giant's $40.5 billion in cash, the company said it will pay an annual dividend of 16 cents per share on a pre-split basis.

The announcement came as Microsoft posted a fourth quarter profit of $2.55 billion, or 47 cents a share, up from $2.28 billion or 41 cents a share in the year-ago period, slightly beating analysts' expectations.

The company reported revenue of $8.54 billion for the quarter, a 10 percent increase over the $7.74 billion for the same period a year ago

4 billion eh?

Maybe that 4 billion should be used to pay back all the share holders that have been deceived by Apple's executives...I know it wont be enough, but hey the good intent might actually bring customers back and increase share price.

One thing I'll say for Bill Gates & Gang is that they NEVER EVER tried to s**** their own company...quite the opposite. You can never say that about Apple executives & their "Golden Parachutes"

Re: Apple's "free" sof

"Because the "free" Apple applications help consumers justify the extra expense of choosing a Mac over the plethora of less expensive PC systems."

So basically what you're saying is that Apple should bundle their apps with new machines to give people more reason to buy them. Don't they already do that?

Providing the software free of charge for people who already have Macs doesn't necessarily encourage them to buy new machines. It may make them happier to be Apple users, but if that software is really a big issue for them, then bundling it with new machines still provides the same incentive to buy a new Mac.