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Apple earnings due today

updated 09:00 am EST, Wed January 17, 2001

Apple will report its first quarter earnings for fiscal 2001 today after the market closes. A conference call with investors and analysts will take place at 5 PM EST and will be available to the public via a live audio stream. In early December Apple issued its second consecutive earnings warning and announced that it expects to post a loss of $225-$250 million for the quarter on revenue of $1 billion, down from an initial estimate of $1.6 billion. Still, some analysts expect Jobs' outlook on the future may not be as positive as it was after the warning was issued.

by MacNN Staff

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01/17, 11:58am | report spam | close Reply | delete
Optimistic

Naysayers be damned. Apple is a fine company with excellent products. I'm excited about their future and fully expect to be purchasing Apple products for years to come.

Everybody is so quick to get back on the Apple Death Train, pour me a martini, and shut the *uck up.

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01/17, 12:03pm | report spam | close Reply | delete
Optimistic2

I have to agree. However, in not such harsh language.

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01/17, 12:22pm | report spam | close Reply | delete
Fans

Apple has a fan base that will never die. As long as we're around, Apple will be around. Give me OS X (and the RAM I'm getting today) and I'll be extremely happy.

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01/17, 12:22pm | report spam | close Reply | delete
optimistic3

i agree also. i am very disappointed that even people
who claimed to be mac fans continue to see only the bad
things in everything apple does. probably they should get themselfes a windoze machine for a reality check.
anyhow. we will see what will come.

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01/17, 12:23pm | report spam | close Reply | delete
CNet

CNet proposes an intertiew with an analyst. The journalist asking the questions is clueless. And the analyst is even more so: he compares Apple to Osborne, even though he must admit that Apple probably won't close its doors. Listening to such nonsense is really annoying.

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01/17, 12:25pm | report spam | close Reply | delete
anal-yst

...some analysts expect...

sigh. they have all the answers, yet don't do anything other than a lot of word processing (and some conference calling, I suspect).

who pays these people? can somebody give them a broom so they can make themselves useful? can we please stop quoting their ignorance?

the whole stock market is manically depressed, mostly because the truth is in constant disagreement with "analyst expectations". i have more respect for (and faith in) the weather man than any wall street analyst.

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01/17, 12:54pm | report spam | close Reply | delete
Apple

I've been a Mac lover & Apple hater since 1984. I love the Mac but I truly hate Apple as a company, and I especially hate Steve Jobs.

I'd love to see Apple go out of business but for someone else to continue to support and develop the Mac, without any involvement by Steve Jobs.

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01/17, 01:04pm | report spam | close Reply | delete
Doom sayers

Yep. Apple's almost always getting bashed by these clueless "experts". It's been going on since (at least) 1984. Port Mac OS X to intel, ect, ect... These people don't seem to have a clue or care about what makes Apple and the Mac special. It seems to be "cool" to bash Apple.

We know better. Now- when Apple makes mistakes we have to call them and complain, but like one poster stated, those people who only see the bad should really relax or switch platforms.

And I also agree as long as we're around- and Apple is still trying- Apple's still gonna be around.

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01/17, 01:15pm | report spam | close Reply | delete
Analysts

All I can say is look where the article is coming from Cnet . What else can you expect from a site that's on Intel's leash? Ever since Apple's warning in Oct. they have posted article after article with some anaylst saying " well it doesn't look good " or " Steve Jobs is certainly going to have to pull a rabbit out of his hat this time ". If Apple miraculously posted a gain today they would still put a negative spin on it. If you want an example just go to their article about iDVD and Apple's DVD burner. After reading such a biased piece of **** last night myself and several others were furious. It's this kind slanted journalism that helps promote the impression that Apple is sinking. Which after all is it's intended purpose.

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01/17, 01:28pm | report spam | close Reply | delete
No worry

I don't care what people say...AAPL will never go away...and even in the most remote cases that its about to go under..ILL BUY IT..and make sure what AAPL was established to represent ..lives on forever!!! Case Closed!

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01/17, 01:35pm | report spam | close Reply | delete
Jobs for President

If there is another publicly traded U.S. corporation with a tenth the good vibe Apple has, working in the de facto crypto-fascist state we're in, I'd like to know about it. Apple's product is great...asymptotic to the ideal... and Steve Jobs, unlike any other "presence" in the corporate space, is artist, prophet, and above all, man...almost non-existent in our society, apart from the working class, today.

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01/17, 01:36pm | report spam | close Reply | delete
Jobs for President

If there is another publicly traded U.S. corporation with a tenth the good vibe Apple has, working in the de facto crypto-fascist state we're in, I'd like to know about it. Apple's product is great...asymptotic to the ideal... and Steve Jobs, unlike any other "presence" in the corporate space, is artist, prophet, and above all, man...almost non-existent in our society, apart from the working class, today.

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01/17, 02:38pm | report spam | close Reply | delete
Hahaha

If you don't like fascists, you should think twice about wanting Jobs for president...
The argument about the Apple faithful sustaining the company through hard times is true to a point, but considering the same thing was said many years ago about the Amiga and looking at the state of affairs in Amigaland these days, I'd consider not putting too much faith in it.

No, whether we like it or not we're all on the OSX train now. If it's anything less than a phenomenal success, Apple will go bye bye. Or do something drastic, like give up on making Macs and start making windoze PCs, digital cameras, boom boxes...

Doom and gloom? Maybe... Realistic? Definitely.

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01/17, 02:39pm | report spam | close Reply | delete
Apple stock

The best thing about all of these stupid articles is that they have helped to keep Apple's stock down at bargain prices long enough that I have been able to pull together some money to buy in. It is ridiculous how low Apple's stock is. I just sold off some Corel stock at a $5000 profit and turned around and bought a bunch of Apple at $16 per share!!!! Plus I bought some last month at $15.

Steve will make the official earnings announcement today. If it is better than expected then watch that stock rise. If it is not better then I guess I will have to wait a little while, but it will not be long. Next month new iMac announcements, then Mac OS X release, then multiprocesor machines this summer, then DVD burning for the masses, then wireless firewire, and it just keeps getting better. The media may continue to predict Apple's doom for a while, but continued success can not be hidden forever.

Doing a little money dance. Whoo-hoo!!!!!!

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01/17, 02:50pm | report spam | close Reply | delete
Apple here to stay

No, whether we like it or not we're all on the OSX train now. If it's anything less than a phenomenal success, Apple will go bye bye.

I can see no reason why OS X will not be a phenomenal success, but regardless of the success or failure of OS X, Apple is here for the forseeable future. They have billions in cash. It would take a few years of losing more money every quarter to drive Apple out of business. All this talk about Apple going under is absurd. Worst case scenario is that if the media induced negative perception of Apple continues then the stock price will be driven back down to where it was at the end of last year and some other company may make a bid at buying Apple. It would be virtually unheard of for Apple's stock to drop below $13 per share due to the raw value of Apple's assets (currently around $12.25 per share).

Do not listen to these stupid analysts and other anti-Mac propaganda.

The future's so bright, I gotta wear shades.

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01/17, 04:03pm | report spam | close Reply | delete
AAPL Forever

It's great to see so many faithful mac people in here....we are all fighting for a commen cause, much more than just a "company" but a way of life, philosophy of creative freedom, and the will to do things "different." Any company with a fanbase like AAPL will never die!

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01/17, 04:04pm | report spam | close Reply | delete
Apple will survive

exactly! you tell'um guys & girls! i'm a dedicated Apple user for over half a decade and i can tell you that Apple isn't going anywhere. ANALysit have been 'predicting' appls imminent death for almost a decade an a half (" that 'Graphical User Interface' will never catch....")
Apple will be around when NEC or Toshiba buys Gateway, or when HP eventually swallows up Compaq.

the future IS so bright, we will need shades!

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01/17, 04:04pm | report spam | close Reply | delete
Apple will survive

exactly! you tell'um guys & girls! i'm a dedicated Apple user for over half a decade and i can tell you that Apple isn't going anywhere. ANALysit have been 'predicting' appls imminent death for almost a decade an a half (" that 'Graphical User Interface' will never catch....")
Apple will be around when NEC or Toshiba buys Gateway, or when HP eventually swallows up Compaq.

the future IS so bright, we will need shades!

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01/17, 04:31pm | report spam | close Reply | delete
AAPL

well a whole half decade ;0 hmm i've been an apple freak since 1984. so i guess that makes it almost 2 decades ;)

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01/17, 04:44pm | report spam | close Reply | delete
then wireless firewire

then wireless firewire = oxymoron.

dvd mastering on the mac is light years ahead of the wintel platform. this is soooooo true. funny how cnet would never say that huh? haha. whatever. not to mention dvd mastering is in its infancy and appel is already in the middle of it. also...sonic solutions makes a very expensive dvd mastering app. all these morons are sayingthat you can only burn movies to dvd in appels so called "high end" machines. $3500 is not a lot of money. what these genious' dont know is that apple just took the untouchable hight end brought it to the actually low/mid end market. dvd mastering apps cost 10K +. this industry is sooooooo funny. these so called experts are in reality dumb a**' who are not in the know.

in other words...
no chance in h*** apple is going out of business anytime soon.

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01/17, 05:33pm | report spam | close Reply | delete
firewireless?

better name -- firewireless.

Apple will never die as long as we don't.

Apple has the most loyal fan base in the world, and we are part of Apple history and Apple is part of ours.

They will never die. Never. Not in this millenium.

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01/17, 07:09pm | report spam | close Reply | delete
Heard that before...

From the mouth of Amiga fans. The Amiga is still not dead, mind you. But not that many people care either.

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01/17, 07:29pm | report spam | close Reply | delete
Nonsense

CNET is so damn biased. Whenever I read one of their articles about Apple or Macs, I envision some mass-media gunner journalist hacking away at a wintel. The twits who hack out these pieces on Apple have never even used Macs, at least not any longer than a short test period. Like many dedicated wintel users, they cannot understand why consumers will pay so much more for macs. We all know why, but these CNET hacks are clueless. It's all about money and numbers and specs to them....they do not and cannot understand the inspiration and artistry of Macs and the Mac OS. They do not understand macs because they are specialized at studying commodities. Wintels are commodities. Macs are not commodities...they are more. It is the sum of the parts, the balance and elegance of the product as a whole that defines a Mac. This is entirely outside the intellectual domain of anlysts.

None of these analysts predicted correctly when Apple would start having these problems (it doesn't count if they ALWAYS harp about Apple being rotten and it finally happens...that's just luck). They couldn't predict when the earnings would go down, so how can they predict if they will stay down, drop further, or rise? They can't. Analysts and journalists (particularly CNET) have no understanding of what makes Apple successful, so they cannot offer any insight about why Apple is currently experiencing problems.

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01/17, 08:26pm | report spam | close Reply | delete
analysts and journalists

... always seem to know what best and in some respects, are good contrarian indicators.... many of them take many complex issues and simplify them to the point where it is ridiculous... many of their suggestions would run companies into the ground if they were the CEO. Which leads me to my point that if these folks were so good, they would be running a major corporation as opposed to just playing prophet writing oversimplified recommendations or making predictions of doom.

However, since publicly traded companies like Apple are at the whim of these analysts, recommendations are one of the things needed to move equities (not to mention the key metric of constantly growing revenues over time). A companies stock price and their business are two distinct things though. The Mac has a significantly high number of loyal customers and is a product that fulfills many user needs just fine. So long as Apple continues building products that meets needs, they aren't going to go away. Apple is still projected to generate $6 billion dollar in revenue this year and that is nothing to sneeze at. Lets see some of these arm chair CEO's do better.

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Apple earnings due today

updated 09:00 am EST, Wed January 17, 2001

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