Linked by Thom Holwerda on Tue 23rd Oct 2007 21:01 UTC
Apple Apple sold 1.1 million iPhones during its fourth quarter, the company said in its results statement on Monday. This brought total sales of the iPhone to 1.39 million since its launch and pushed the company's revenue to USD 6.22m (GBP 3.04m) for the quarter. The good news was not solely to do with the iPhone, however, as the company also reported shipping 2.1 million Mac computers, representing 34 percent growth over the fourth quarter of 2006. Apple 'exceeded the previous quarterly record for Mac shipments by 400,000', the company said in the statement. Additionally, News.com tries to look beyond the marketing.
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Apple
by Macintosh Sauce on Wed 24th Oct 2007 02:27 UTC
Macintosh Sauce
Member since:
2007-05-03

Latest for Apple...

Tuesday, October 23, 2007 - 03:37 PM EDT Apple Stock Quote: 187.69 (+13.33, +7.65%)

Their stock is exploding in the market because of yesterday's report of revenue of 6.22 Billion and almost 1 Billion of that profit. Also, they sold 2.20 Million Macintosh computers - their best quarter ever in company history. Apple is now worth more than IBM and Intel. Google and Microsoft are next.

Shares of Apple Inc. today opened up $13.64, or 7.82% at $188.00 to set a new all-time intraday high and pass the market values of both IBM and Intel.

Apple's market value currently stands at $163,814,662,910.

For reference, some selected current market values:
Microsoft (MSFT) - $290,326,101,760
Google (GOOG) - $206,137,075,350
Apple (AAPL) - $163,814,662,910
Intel (INTC) - $156,278,400,000
IBM (IBM) - $154,610,255,550
Hewlett-Packard (HPQ) - $133,260,024,780
Disney (DIS) - $67,680,019,880
Dell (DELL) - $64,241,243,920
Sony (SNE) - $45,994,645,800
Yahoo! (YHOO) - $40,641,873,724
Amazon (AMZN) - $39,037,267,570
Adobe (ADBE) - $27,031,152,680
RealNetworks (RNWK) - $998,960,040
Napster (NAPS) - $152,192,000

I live for the day when I see Apple overtake Microsoft in market value. muhahahahahahahahahahahahaha There, I am OK now. ;)

Reply Score: 2

RE: Apple
by alcibiades on Wed 24th Oct 2007 07:53 in reply to "Apple"
alcibiades Member since:
2005-10-12

Its a price earnings ratio of about 50, and a price revenue ratio of about 7, in fairly mature markets.

Historically, over a five to ten year period, buying any shares at these price levels has very low or negative returns, because they usually reflect people paying too much for prospects.

One clue to this is how rapid the stock turnover is. The numbers for Apple are quite remarkable. The turnover is a little over 11 times a year. The average holding time is thus a little over one month. Obviously there are many long term holders. This suggests the current price is being set by speculative short term traders, who are moving in and out at extraordinary volumes. Any bad news, and you will see a reversal - as you did one day last month.

Now, there may never be any bad news, in which case all will be well and the price will rise indefinitely. It could be a new era, a new paradigm, and this time it could be different.

What you should perhaps be living for is the day when Apple revenues equal those of MS. Revenues are what they sell. But this might take a while longer.

Reply Parent Score: 3

RE[2]: Apple
by snozzberry on Wed 24th Oct 2007 16:37 in reply to "RE: Apple"
snozzberry Member since:
2005-11-14

Apple's profit margin compared to those other tech companies is much larger. They've resisted calls to compete on price for 20 years and still come out ahead in the long term. If that isn't revenues, I don't know what is.

Reply Parent Score: 1

RE: Apple
by llanitedave on Wed 24th Oct 2007 16:46 in reply to "Apple"
llanitedave Member since:
2005-07-24

Macintosh Sauce: "I live for the day when I see Apple overtake Microsoft in market value."

Meet the new boss.




Same as the old boss.

Reply Parent Score: 2