Companies you believe in (1 Viewer)

[goonsquad]

AAPL: 119.86 ( -2.14 )

AAPL: 282.77 (+7.40)

 

[adonis]

AAPL: 119.86 ( -2.14 )

AAPL: 282.77 (+7.40)

There's still room to grow too. Their going to be WELL positioned moving into the living rooms with TV subscriptions in the near future. Not only that, we've still not seen the integration of iPhone/iPad technology with the laptops yet, which are sure to come later on. Perhaps a hybrid of ipad/macbook tablet type device? Who knows.

 

[The Commish]

They just continue to go in the right direction.

Latest news of them acquiring a facial recognition company, and then this:

http://online.wsj.com/article/SB1000142405...3134196010.html

Just all over it.

Biometric login most likely. It's been coming for some time and most computer companies have equipment that utilizes the software for security etc. Interested to see if Apple does anything different with it.

 

[tommyGunZ]

AAPL: 119.86 ( -2.14 )

AAPL: 282.77 (+7.40)

There's still room to grow too. Their going to be WELL positioned moving into the living rooms with TV subscriptions in the near future. Not only that, we've still not seen the integration of iPhone/iPad technology with the laptops yet, which are sure to come later on. Perhaps a hybrid of ipad/macbook tablet type device? Who knows.

Not arguing one way or the other adonis, but at what point would you consider APPL a sell? 350? 450? It's up $100 over the last year, and up 453% over the past 5 years. A cynic would argue that there is finally an OS that matches Apple, and that 285 is almost 50% over it's all time peak, so there's more downside risk than upside at this point.Either way, this stock has been a FANTASTIC play for the last 5 years. Good for you and goons.

 

[adonis]

AAPL: 119.86 ( -2.14 )

AAPL: 282.77 (+7.40)

There's still room to grow too. Their going to be WELL positioned moving into the living rooms with TV subscriptions in the near future. Not only that, we've still not seen the integration of iPhone/iPad technology with the laptops yet, which are sure to come later on. Perhaps a hybrid of ipad/macbook tablet type device? Who knows.

Not arguing one way or the other adonis, but at what point would you consider APPL a sell? 350? 450? It's up $100 over the last year, and up 453% over the past 5 years. A cynic would argue that there is finally an OS that matches Apple, and that 285 is almost 50% over it's all time peak, so there's more downside risk than upside at this point.Either way, this stock has been a FANTASTIC play for the last 5 years. Good for you and goons. :(

I'm not one to point to numbers, but there is still plenty of room to grow. They'll likely be integrating their apple tv with real tv's in the coming years, providing a home entertainment solution that integrates home media with media-on-demand in a better package than most others provide. They're still expanding their iPhone coverage to other countries. The potential for growth isn't quite what it was a few years ago, but their potential for revenue remains high, as they continue to innovate ways to provide content and take their cut of it. They're currently in schools, laptops, ipad, iphone, and will soon be in our living rooms. I don't know when it's a sell or a buy, but I still see growth potential long term and who knows, they may come out with a new product like the iPad that I didn't see coming.

 

[adonis]

They just continue to go in the right direction.

Latest news of them acquiring a facial recognition company, and then this:

http://online.wsj.com/article/SB1000142405...3134196010.html

Just all over it.

Biometric login most likely. It's been coming for some time and most computer companies have equipment that utilizes the software for security etc. Interested to see if Apple does anything different with it.

They have face matching features in iPhoto. Could do biometric logon, but I'm sure they have bigger things in mind. Tagging of pictures on your phone for easier searching through catalogues of pictures, posting to facebook, flickr, etc with pre-tagged people? Better image adjustment features if the face can be broken down graphically more easily...who knows.But it can also be used to load custom preferences for a user. Consider integration with apple-tv and a remote control with a camera that could load custom preferences based on the user? Long shot, sure, but always nice to dream .

 

[azgroover]

Very low-tech comp'd to AAPL, but I'm all over Chipotle Mexican Grill (CMG). While tastes may differ amongst people, you can't deny the popularity of these restaurants. If you've ever been in one at lunchtime, chances are, the line is out the door. They're only located in 20-something states right now, but they have great management as they were spun off from McDonald's and they just do things right. It's a stock in the 60s now, but there's still plenty of room for it to grow and I'm going to keep holding and buying more. Everytime they have a bump in price due to good earnings, etc., I always make it a point to get a celebratory burrito bol.

I remember this thread...Today:

Chipotle Mexican Grill, Inc. Co - (NYSE: CMG) - 170.13

 

[adonis]

What they're becoming is a company that profits not only off of hardware sales, but off of delivery mechanisms. They've been rapidly expanding into areas, and increasing their ability to deliver content. From songs, to movies, to tv shows, to games,to applications, to newspapers, to books, etc, they're putting their products in the hands of people by making cool and exciting products, but they're really making a lot of money off providing a platform/device on which to play/view content which they get a cut of, when it's sold.

They're still in the expansion of their markets with ipad's and iphones, nascent in their markets with appleTV so they still have lots of room to grow getting hardware out there, but with each new device sold comes many more opportunities to sell content.

Their competition with google is good for the consumer, but still provides a lot of room for both companies in terms of subscribers/users/content purchasers. They're nowhere near the boundaries of this new emerging market.

Now, that's not to say that the stock isn't taking a lot of this into consideration already, and maybe there's not a lot more room to grow, or maybe there is, but my gut tells me that when I started this thread, they were near 25% capacity...now I think they're closer to 70% but still have a ways to go before they stop expanding and just continue to reel in money for providing content.

 

[The Commish]

AAPL: 119.86 ( -2.14 )

AAPL: 282.77 (+7.40)

There's still room to grow too. Their going to be WELL positioned moving into the living rooms with TV subscriptions in the near future.

Not only that, we've still not seen the integration of iPhone/iPad technology with the laptops yet, which are sure to come later on. Perhaps a hybrid of ipad/macbook tablet type device? Who knows.

Not arguing one way or the other adonis, but at what point would you consider APPL a sell? 350? 450? It's up $100 over the last year, and up 453% over the past 5 years. A cynic would argue that there is finally an "end user" OS that matches Apple, and that 285 is almost 50% over it's all time peak, so there's more downside risk than upside at this point.Either way, this stock has been a FANTASTIC play for the last 5 years. Good for you and goons.

Fixed....there have been OSs out there that are far superior to Apple's for a while, but not readily accessible to average folks. With some of the linux flavors out there today, there is no reason to rely on MS or Apple for OS anymore. Monkeys can manage some of these Linux OS variations and they are, by far, the fastest options available. They aren't hardware dependent either.I think the next big thing for Apple is their second try at Apple TV. Adonis brought it up again here, but in one of the other threads I think it was icon that was talking about some of the possibilities, so I've been following a bit closer. I think their next solution will be far better than their first. It was a brutal failure by Apple standards. They won't let that happen again. I do believe that the collection of network TV will be their biggest obstacle. They only have a few options that I see. (1) Work out a deal with the networks, (2) stream from somewhere, (3) build an antenna to get the signals locally. I don't know of a network TV station that does #2 though.

 

[goonsquad]

Apple now the world's second largest company by market value

By AppleInsider Staff

Published: 04:00 PM EST

Apple on Thursday overtook PetroChina Co. in terms of market value, making the Cupertino, Calif., company the second-largest company in the world.

As noted by Bloomberg, Apple is now valued at $265.8 billion, ahead of PetroChina's $265.5 billion. Apple is only behind Exxon-Mobil, the largest company in the world, which had a value of $313.3 billion Thursday.

The milestone was reached thanks to the fact that AAPL stock hit an all-time high, topping $290 at one point during the day. It ended the day up over $1, and the stock has increased a total of 37 percent this year.

In May, Apple's market cap surpassed Microsoft when it hit $222 billion, pushing it ahead of the Redmond, Wash., software giant. That accomplishment made Apple the second-largest American company, behind only Exxon-Mobil.

But Thursday's milestone makes Apple the second-largest company in the world, in terms of market value. Exxon has also been moving up since May, when it had a market capitalization of nearly $280 billion.

 

[The Commish]

AAPL: 119.86 ( -2.14 )

AAPL: 282.77 (+7.40)

There's still room to grow too. Their going to be WELL positioned moving into the living rooms with TV subscriptions in the near future.

Not only that, we've still not seen the integration of iPhone/iPad technology with the laptops yet, which are sure to come later on. Perhaps a hybrid of ipad/macbook tablet type device? Who knows.

Not arguing one way or the other adonis, but at what point would you consider APPL a sell? 350? 450? It's up $100 over the last year, and up 453% over the past 5 years. A cynic would argue that there is finally an "end user" OS that matches Apple, and that 285 is almost 50% over it's all time peak, so there's more downside risk than upside at this point.Either way, this stock has been a FANTASTIC play for the last 5 years. Good for you and goons.

Fixed....there have been OSs out there that are far superior to Apple's for a while, but not readily accessible to average folks. With some of the linux flavors out there today, there is no reason to rely on MS or Apple for OS anymore. Monkeys can manage some of these Linux OS variations and they are, by far, the fastest options available. They aren't hardware dependent either.I think the next big thing for Apple is their second try at Apple TV. Adonis brought it up again here, but in one of the other threads I think it was icon that was talking about some of the possibilities, so I've been following a bit closer. I think their next solution will be far better than their first. It was a brutal failure by Apple standards. They won't let that happen again. I do believe that the collection of network TV will be their biggest obstacle. They only have a few options that I see. (1) Work out a deal with the networks, (2) stream from somewhere, (3) build an antenna to get the signals locally. I don't know of a network TV station that does #2 though.

NBC is already in disagreement with Apple Link I am really interested to hear the CBS take...the ABC/FOX behavior is predictable...especially FOXAnyone here have AppleTV....can you tell me how the payment structure is set up today? Interested to see what they are charging and how it's different from what they are proposing for the future.

 

[goonsquad]

_3-20017373-17.html?tag=mncol;1n"]Link I am really interested to hear the CBS take...the ABC/FOX behavior is predictable...especially FOX

Anyone here have AppleTV....can you tell me how the payment structure is set up today? Interested to see what they are charging and how it's different from what they are proposing for the future.

This isn't the first time that Jeff Zucker has tried this crap. He pulled all NBC content from iTunes once before because Steve Jobs refused to raise the price of TV shows from $1.99 per episode up to $4.99! Yet NBC came back. Zucker then tried to rally the music industry against Apple, publicly claiming that iTunes has "destroyed music pricing". But that ploy didn't work either. Now Zucker is trying to screw the consumer once again; claiming that $.99 for a rental "devalues his content" is a joke. Zucker can get bent, he's a complete scum bag.

 

[jdoggydogg]

_3-20017373-17.html?tag=mncol;1n"]Link I am really interested to hear the CBS take...the ABC/FOX behavior is predictable...especially FOX

Anyone here have AppleTV....can you tell me how the payment structure is set up today? Interested to see what they are charging and how it's different from what they are proposing for the future.

This isn't the first time that Jeff Zucker has tried this crap. He pulled all NBC content from iTunes once before because Steve Jobs refused to raise the price of TV shows from $1.99 per episode up to $4.99! Yet NBC came back. Zucker then tried to rally the music industry against Apple, publicly claiming that iTunes has "destroyed music pricing". But that ploy didn't work either. Now Zucker is trying to screw the consumer once again; claiming that $.99 for a rental "devalues his content" is a joke. Zucker can get bent, he's a complete scum bag.

NBC is officially done with Jeff Zucker

As rumored earlier this summer, NBC has indeed parted ways with CEO Jeff Zucker, who was expected to step down early next year as part of the network’s merger with Comcast. But hey, good news: He’ll be offered a “rich payout” as part of his severance package, so these three-plus years of arrogance married to incompetence—including decisions like the Conan/Leno debacle, stubborn championing of shows like Heroes, and most recently, banishing a creatively booming Parks And Recreation to midseason to make room for Manmeet, all of which led to NBC’s current last-place status—well, they certainly weren’t for nothing.

 

[goonsquad]

_3-20017373-17.html?tag=mncol;1n"]Link I am really interested to hear the CBS take...the ABC/FOX behavior is predictable...especially FOX

Anyone here have AppleTV....can you tell me how the payment structure is set up today? Interested to see what they are charging and how it's different from what they are proposing for the future.

This isn't the first time that Jeff Zucker has tried this crap. He pulled all NBC content from iTunes once before because Steve Jobs refused to raise the price of TV shows from $1.99 per episode up to $4.99! Yet NBC came back. Zucker then tried to rally the music industry against Apple, publicly claiming that iTunes has "destroyed music pricing". But that ploy didn't work either. Now Zucker is trying to screw the consumer once again; claiming that $.99 for a rental "devalues his content" is a joke. Zucker can get bent, he's a complete scum bag.

NBC is officially done with Jeff Zucker

As rumored earlier this summer, NBC has indeed parted ways with CEO Jeff Zucker, who was expected to step down early next year as part of the network’s merger with Comcast. But hey, good news: He’ll be offered a “rich payout” as part of his severance package, so these three-plus years of arrogance married to incompetence—including decisions like the Conan/Leno debacle, stubborn championing of shows like Heroes, and most recently, banishing a creatively booming Parks And Recreation to midseason to make room for Manmeet, all of which led to NBC’s current last-place status—well, they certainly weren’t for nothing.

Good riddance.

 

[The Commish]

_3-20017373-17.html?tag=mncol;1n"]Link I am really interested to hear the CBS take...the ABC/FOX behavior is predictable...especially FOX

Anyone here have AppleTV....can you tell me how the payment structure is set up today? Interested to see what they are charging and how it's different from what they are proposing for the future.

This isn't the first time that Jeff Zucker has tried this crap. He pulled all NBC content from iTunes once before because Steve Jobs refused to raise the price of TV shows from $1.99 per episode up to $4.99! Yet NBC came back. Zucker then tried to rally the music industry against Apple, publicly claiming that iTunes has "destroyed music pricing". But that ploy didn't work either. Now Zucker is trying to screw the consumer once again; claiming that $.99 for a rental "devalues his content" is a joke. Zucker can get bent, he's a complete scum bag.

Ok....now that you are done with the rant can I get some 411 on the current pricing structure for Apple TV??

 

[goonsquad]

_3-20017373-17.html?tag=mncol;1n"]Link I am really interested to hear the CBS take...the ABC/FOX behavior is predictable...especially FOX

Anyone here have AppleTV....can you tell me how the payment structure is set up today? Interested to see what they are charging and how it's different from what they are proposing for the future.

This isn't the first time that Jeff Zucker has tried this crap. He pulled all NBC content from iTunes once before because Steve Jobs refused to raise the price of TV shows from $1.99 per episode up to $4.99! Yet NBC came back. Zucker then tried to rally the music industry against Apple, publicly claiming that iTunes has "destroyed music pricing". But that ploy didn't work either. Now Zucker is trying to screw the consumer once again; claiming that $.99 for a rental "devalues his content" is a joke. Zucker can get bent, he's a complete scum bag.

Ok....now that you are done with the rant can I get some 411 on the current pricing structure for Apple TV??

$99 for the AppleTV box. From there it's all about how you want to stream content; rent movies/TV shows from iTunes for $3.99/0.99 respectively or stream Netflix if you have an account.

 

[goonsquad]

iAd poised to take 21% of market as Google loses share to Apple

By Sam Oliver

Apple's new iAd mobile advertising service is poised to take 21 percent of the U.S. mobile advertising market by the end of 2010, giving the company a market share tied with Google and three times larger than Microsoft.

According to estimates from IDC provided to BusinessWeek, Google, Microsoft and Yahoo have "swiftly lost share" since Apple's iAd debuted in July. By the end of the year, IDC expects Apple and Google to each carry a 21 percent share of the market, which would be a decrease for Google's 27 percent share last year.

Microsoft is expected to see its market share drop as well, from 10 percent last year to 7 percent this year. And Yahoo is projected to drop from 12 percent to 9 percent by the end of 2010, while Nokia will see it share drop from 5 percent to 2 percent.

IDC's figures showing Apple's almost instant success in the mobile advertising market are not, however, as great as the ambitious expectations for iAd shared by CEO Steve Jobs earlier this year. In June, Jobs said iAd would take nearly a 50 percent share of mobile ads in the second half of 2010.

Advertisers who spoke with BusinessWeek reiterated their satisfaction with the performance of iAds. A spokesman for Unilever, which debuted an advertisement for Dove in July, said more than 20 percent of users to view an ad check it out a second time.

A spokesman for Google said the search giant was "experiencing fast growth" this year, though the company declined to give its mobile ad sales for the full year. "If we are losing share, this market is growing faster than any one we've ever seen," said Jason Spero, director of mobile for the Americas at Google.

iAds aim to provide richly interactive ad experiences inside developers' apps, providing them a 60 percent cut of the advertising revenue. The hope is the advertisements -- noted by the iAd logo in the corner -- will be more compelling to users, because they don't have to leave their app and launch a browser to view them.

iAd advertisements act more like full-blown applications, complete with features like videos, interactive games, and the ability to find information such as local stores or product availability.

The iAd platform will expand in November to the iPad, when Apple launches iOS 4.2. Support for iAds was first introduced with iOS 4, released for the iPhone and iPod touch this summer.

Apple plans to use iAd as a program to incentivize App Store development, and does not expect to turn a great profit from its new advertising business, made possible due to the purchase of Quattro Wireless for $275 million.

 

[The Commish]

_3-20017373-17.html?tag=mncol;1n"]Link I am really interested to hear the CBS take...the ABC/FOX behavior is predictable...especially FOX

Anyone here have AppleTV....can you tell me how the payment structure is set up today? Interested to see what they are charging and how it's different from what they are proposing for the future.

This isn't the first time that Jeff Zucker has tried this crap. He pulled all NBC content from iTunes once before because Steve Jobs refused to raise the price of TV shows from $1.99 per episode up to $4.99! Yet NBC came back. Zucker then tried to rally the music industry against Apple, publicly claiming that iTunes has "destroyed music pricing". But that ploy didn't work either. Now Zucker is trying to screw the consumer once again; claiming that $.99 for a rental "devalues his content" is a joke. Zucker can get bent, he's a complete scum bag.

Ok....now that you are done with the rant can I get some 411 on the current pricing structure for Apple TV??

$99 for the AppleTV box. From there it's all about how you want to stream content; rent movies/TV shows from iTunes for $3.99/0.99 respectively or stream Netflix if you have an account.

So everything comes thru iTunes? So none of the network shows you get are "live"? I sit down and watch Rules of Engagement on Monday nights at 8:30. I assume I'd have to wait for it to air, get moved to iTunes so I could buy it, yes? Or is there an option to watch at 8:30 on Mondays? Sorry if dumb questions...looking at this as possible replacement for sat....

 

[Cunk]

Why couldn't I have more money 10 years ago when I bought $400 of Apple at $18.00/share??!!!!

 

[adonis]

Nearly $300/share. G'lord. Should've invested more.

 

[Jayrod]

Why couldn't I have more money 10 years ago when I bought $400 of Apple at $18.00/share??!!!!

30%+ return over 10 years?Not bad.

 

[goonsquad]

Nearly $300/share. G'lord. Should've invested more.

AAPL: 300.14 ( +1.60 )Record high. Booyah!

 

[Green94]

Nearly $300/share. G'lord. Should've invested more.

AAPL: 300.14 ( +1.60 )Record high. Booyah!

Wow, can't believe it hit 300. Awesome news.

 

[goonsquad]

Nearly $300/share. G'lord. Should've invested more.

AAPL: 300.14 ( +1.60 )Record high. Booyah!

Wow, can't believe it hit 300. Awesome news.

AAPL: 314.74 ( +12.43 ) Big expectations for Apple's quarterly report next week.

 

[moderated]

I've been making a killing on apple calls the past year.

600% ROI on them. They are a goldmine.

 

[goonsquad]

AAPL: 318.00 ( +3.26 )

Notes of interest from Apple's Q4 2010 conference call

Apple on Monday reported another record quarter, achieving $4.46 billion in profit thanks in part to a whopping 14.1 million iPhones sold. Following the news, Apple executives conducted a financial conference call with analysts and the press, and notes of interest follow.

In addition to record-breaking iPhone sales in its fourth fiscal quarter of 2010, Apple also achieved a best for Mac sales, which hit 3.89 million, up 27 percent from a year prior. iPad sales were also 4.19 million.

It was a record quarter for Mac, iPhone and iPad sales. In all, it amounted to the company's highest revenue and earnings ever. CEO Steve Jobs, COO Tim Cook and CFO Peter Oppenheimer participated in Monday's call to discuss the results with analysts and media.

Apple's regional business segments

Sales in the Americas generated $7.2 billion in revenue. Europe accounted for $5.4 billion, while Asia Pacific was $2.7 billion.

Apple's Mac business

Most Mac sales, as usual, came from notebooks, which represented 2.6 million units. Desktops accounted for the remaining 1.2 million Mac sales.

It was the best-ever quarter for Mac sales, reaching a total of 3.89 million, exceeding the previous record of the June quarter by 400,000.

Apple's iPhone business

The iPhone continues to be the biggest money maker for Apple, accounting for $8.8 billion in revenue for the quarter on sales of 14.1 million units.

The 14.1 million units sold easily bested last quarter's sales of 8.4 million units.

Sales value of iPhones alone was about $8.6 billion, which led to an average selling price of about $610.

Strong year-over-year growth, particularly in Asia, Europe and Japan. Also began shipping China in the last day of the September quarter.

Oppenheimer said the company believes they could have sold even more iPhones if they had them available, but Apple is struggling to keep up with demand.

"Very impressed" with early results for iAd, Oppenheimer said.

"We've now passed RIM, and I don't see them catching up with us in the foreseeable future," Jobs said.

He also slammed Google's attempt to characterize iOS as "closed," versus its own "open" Android platform.

Jobs was asked by Gene Munster of Piper Jaffray about Adobe Flash. The CEO quipped back: "Flash memory? We love flash memory."

Jobs said he thinks there is room for "some number of companies to be successful" as the smartphone market continues to grow, but in the future he sees it turning into a zero-sum game.

"Right now iPhone and Android are winning that battle (for mindshare of customers)," Jobs said.

Apple's iPad business

With just two quarters on the market, the iPad is officially a major part of Apple's business. It accounted for $2.8 billion in total revenue, more than the $1.4 billion iPod hardware sales generated.

Over 65 percent of the Fortune 100 are already deploying or trying the iPad, including Procter & Gamble, Lowes, NBC Universal and Hyatt.

U.S. iPad distribution will include Walmart, Target, AT&T and Verizon stores for the holiday season.

Cumulative iOS device sales topped 120 million last month, including iOS, iPod touch and iPhone.

App Store has more than 65K game and entertainment titles, and more than 30K apps designed specifically for iPad.

Jobs slammed iPad competitors with 7-inch screens. Said that because the screen size is measured diagonally, it's only 45 percent as large as the iPad's 10-inch screen.

Jobs also revealed there are more than than 35k apps for iPad on the App Store.

"The iPad is clearly going to affect notebook computers," Jobs said. "I think the iPad proves it's not a question of if, it's a question of when."

"We haven't pushed it (the iPad) real hard in business, and it's being grabbed out of our hands," Jobs said.

"We've got a tiger by the tail here, and this is a new model of computing which we've already got tens of millions of people trained on with the iPhone, and that lends itself to lots of different aspects of life, both personal and business," he said.

On the competition, Jobs said he isn't worried. "We're not done. We're working on a lot of things for the future." He added: "We're out to win this one."

Apple's iPod business

The iPod dropped 4 percent sequentially and 11 percent year over year in unit share to 9 million units sold.

Oppenheimer said that iPod share of the U.S. market remains more than 70 percent. iPod is the top MP3 player in most countries overseas, and has seen significant overseas growth.

iTunes had revenue of more than $1B for the quarter.

The newly launched Apple TV sold a quarter-million units. "We're thrilled with that," Jobs said.

Apple's retail business

Retail sales were a record $3.5 billion for the quarter, up 75 percent year-over-year in terms of revenue. That's also an increase of 38 percent from the previous quarter's revenue.

Sold 874,000 Macs, an increase of 30 percent from a year ago. About half of Macs sold in stores were to customers who never owned a Mac before.

Opened 16 stores outside the U.S., including "spectacular" stores in Beijing, Shanghai and London, Oppenheimer.

Total of 317 stores worldwide as of the end of the quarter, with 84 of them outside of the U.S.

Average revenue per store was $11.8 million, up 52 percent from a year ago.

Apple's next (Q1 2011) fiscal quarter

For the upcoming holiday season, Apple has projected revenue of $23 billion, and expects diluted earnings per share of about $4.80. Gross margins are expected to be about 36 percent.

"We see great opportunity to continue our retail growth," Oppenheimer said of the coming fiscal year. Apple expects to open 40 to 50 stores in the next year, with more than half of them overseas.

 

[Sand]

4.5 billion quarterly profit. Good grief. I'm happy I bought in at 100, but sure wish I had doubled up at 80.

 

[tommyGunZ]

4.5 billion quarterly profit. Good grief. I'm happy I bought in at 100, but sure wish I had doubled up at 80.

Looks like selling on the news was the play: After Hours: 299.83 -18.17 (-5.71%)

 

[Sand]

4.5 billion quarterly profit. Good grief. I'm happy I bought in at 100, but sure wish I had doubled up at 80.

Looks like selling on the news was the play: After Hours: 299.83 -18.17 (-5.71%)

Buy on the rumor, sell on the news. Situation normal.

 

[rolyaTy]

Second largest company in world, behind Exxon. Surpasses 300 Billion in market cap.

http://www.thestreet.com/story/10958740/1/...?cm_ven=GOOGLEN

 

[goonsquad]

Second largest company in world, behind Exxon. Surpasses 300 Billion in market cap.

http://www.thestreet.com/story/10958740/1/...?cm_ven=GOOGLEN

At an all-time high: AAPL: 329.68 ( +7.12 )Booyah!

 

[tommyGunZ]

Gotta hand it to the Fruit faithful. I've thought this stock was a sell for awhile now. Kudos to those holding and making boatloads.

 

[goonsquad]

Gotta hand it to the Fruit faithful. I've thought this stock was a sell for awhile now. Kudos to those holding and making boatloads.

As my wife loves to remind me, it's only worth something when I sell it.

 

[⚡DEADHEAD⚡]

AAPL almost makes me sick to my stomach. Almost bought 1,000 shares at $12 in 1998 (97?). I think it's split at least twice since then.

Regrets, I've had a few. This might be the big one. And selling my favorite car.

Man I'm bummed.

 

[Green94]

Great news.

 

[goonsquad]

AAPL: 341.59 ( +5.47 )

Getting a nice boost today prior to tomorrow's expected Verizon announcement. Will most likely fall tomorrow as traders cash in a quick profit.

 

[goonsquad]

AAPL: 340.65 ( -7.83 )

Crazy day for AAPL. Took a beating today on yesterday's news of Job's leave of absence. Apple then posted a new record quarter earnings statement with $26.72 billion in sales and $6 billion profit. The stock is back at 344.90 (+4.25) in after-hours trading.

Apple today announced financial results for its first fiscal quarter of 2011, corresponding to the fourth calendar quarter of 2010. For the quarter, Apple posted revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, compared to revenue of $15.68 billion and net quarterly profit of $3.38 billion, or $3.67 per diluted share, in the year-ago quarter. Gross margin was 38.5 percent, compared to 40.9 percent in the year-ago quarter, and international sales accounted for 62 percent of the quarter's revenue. Apple's quarterly profit and revenue were both company records.

Apple shipped a record 4.13 million Macintosh computers during the quarter, a unit increase of 23 percent over the year-ago quarter. Quarterly iPhone unit sales reached a record 16.24 million, up 86 percent from the year-ago quarter, and the company also sold 19.45 million iPods during the quarter, representing 7 percent unit decline over the year-ago quarter. Apple also sold a record 7.33 million iPads during the quarter.

"We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales," said Steve Jobs, Apple's CEO. "We are firing on all cylinders and we've got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers can't wait to get their hands on."

Apple's guidance for the second quarter of fiscal 2011 includes expected revenue of $22 billion and earnings per diluted share of $4.90.

Apple will provide live streaming of its Q1 2011 financial results conference call at 2:00 PM Pacific, and MacRumors will update this story with coverage of the conference call highlights. Analysts will almost certainly ask about Apple CEO Steve Jobs' new medical leave of absence within the context of how it and any related changes will affect the company's business, although analysts and Apple officers will obviously touch on a number of other topics as well.

Conference Call Highlights

- Peter Oppenheimer: "Very pleased" to report outstanding results. Quarterly records for Mac, iPhone, iPad, total revenue, and total profit.

- Macs: New record of 4.13 million Macs sold...growth 8x faster than overall PC market. Fueled primarily by strong MacBook Air demand, as well as MacBook Pro. Quarter ended with 3-4 weeks of channel inventory.

- Highlighting Mac App Store launch.

- Music products: 19.45 million iPods. iPod touch sales grew 27% year-over-year. Now over 50% of iPod sales. iPod continues to be top-selling music players in nearly every country.

- iTunes revenue exceeded $1.1 billion. Pleased to bring The Beatles to the store, and movies to Japan.

- iPhone: 16.24 million units for 86 percent growth. Average selling price of about $625. 185 carriers in 90 countries on board. Asia-Pacific and Japan strongest growth areas: more than doubled.

- Highlighting enterprise penetration.

- Ended with 3.5 million iPhones in inventory, up about 250,000 over last quarter. Could have sold more.

- iPad: Thrilled with customer interest. Available in 46 countries. 80% of Fortune 100 are using or piloting iPad, up from 65% in the prior quarter. Average selling price of about $600. Increased supply throughout quarter...channel inventory grew by about 525,000 to support new markets.

- Now over 160 million iOS devices sold in total.

- Retail stores: Record 851,000 Macs sold, up 24%. About half were to customers new to Mac. International stores grew more strongly than U.S. stores. Opened six new stores in the quarter...323 total with 87 outside U.S. Average revenue of $12 million, up 69% over year ago. Record 75.5 million visitors during the quarter.

- Gross margin at 38.5%, above expectations...factors included component cost savings and leveraging higher-than-expected revenue.

- Cash plus marketable securities on hand nearing $60 billion.

 

[goonsquad]

AAPL: $353.20 (+10.79)

In After Hours Trading

Apple Reports Best Non-Holiday Quarter Ever With $5.99 Billion Profit for Q2 2011

Wednesday April 20, 2011 04:35 PM

Written by Eric Slivka

Apple today announced financial results for the first calendar quarter and second fiscal quarter of 2011. For the quarter, Apple posted revenue of $24.67 billion and net quarterly profit of $5.99 billion, or $6.40 per diluted share, compared to revenue of $13.50 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share, in the year-ago quarter. Gross margin was 41.4 percent, compared to 41.7 percent in the year-ago quarter, and international sales accounted for 59 percent of the quarter's revenue. The numbers represent the best non-holiday quarterly revenue and earnings in Apple history, just missing last quarter's $6 billion profit.

Apple shipped 3.76 million Macintosh computers during the quarter, a unit increase of 28 percent over the year-ago quarter. Quarterly iPhone unit sales reached a record 18.65 million, up 113 percent from the year-ago quarter, and the company also sold 9.02 million iPods during the quarter, representing 17 percent unit decline over the year-ago quarter. Apple also sold 4.69 million iPads during the quarter.

"With quarterly revenue growth of 83 percent and profit growth of 95 percent, we're firing on all cylinders," said Steve Jobs, Apple's CEO. "We will continue to innovate on all fronts throughout the remainder of the year."

Apple's guidance for the third quarter of fiscal 2011 includes expected revenue of $23 billion and earnings per diluted share of $5.03.

Apple will provide live streaming of its Q2 2011 financial results conference call at 2:00 PM Pacific, and MacRumors will update this story with coverage of the conference call highlights.

Updates

- Largest year over year quarterly revenue growth. Fueled by record iPhone sales. Robust demand for iPad. Strong growth in Mac sales.

- Mac. 3.76 million Macs. Pleased with the strong growth, given 3% contraction in PC market overall. Growth fueled by popularity of MacBook Air as well as strong sales of MacBook Pros. Entire MBP family was refreshed in January. Customer response excellent.

- Developer preview of Lion was introduced. Lion features Mission Control, LaunchPad, Full Screen Apps, new Multitouch Gestures.

- Lion scheduled to ship this Summer. Look forward to showing more features at WWDC.

- 9 million iPods. Though lower year over year, still higher than expectations. iPod Touch makes up 50% of the iPods sold.

- iTunes Stores - Best quarter ever. $1.4 billion revenue. Over 100 million books downloaded.

- iPhone. Record 18.6 million. 113% year-over-year growth. Significant increase in capacity, allowing them to increase distribution. Verizon launch in the March quarter.

- iPhone continuing to see strong growth in enterprise market.

- iPad. Thrilled with momentum. 4.69 million iPads. Launch of iPad 2. Still trying to get it into hands of customers. We sold every iPad 2 we made this quarter. Would have liked to end with more in channel inventory.

- Just under 189 million cumulative iOS device sales by end of March quarter.

- More than $2 billion in payments to developers in App Stoer.

- Apple Retail. 10th anniversary on May 19th. Half of the Mac sold to those who never owned a Mac before.

- Launched Personal Setup. Helps customer set up the product in the store. Includes email, contacts, applications and more. Set up over 1 million products.

- 40 new stores in fiscal 2011. Nearly 3/4 will be outside of the U.S. Including 5th store in China.

- Excited about our new product pipeline.

 

[rolyaTy]

Daaaaammmmmnnnnnnn.

 

[Otis]

Sick.

 

[goonsquad]

AAPL: $403.33 (+26.48)

In After Hours Trading

Apple profits surge 125% on record sales of 20.34M iPhones, 9.25M iPads

Apple said Tuesday that third-quarter profits rose nearly 125% percent to $7.31 billion, or $7.79 per diluted share, on record quarterly sales of $28.57 billion for the three-month period ended June 25, 2011.

These results compare to revenue of $15.70 billion and net quarterly profit of $3.25 billion, or $3.51 per diluted share, in the year-ago quarter. Gross margin was 41.7 percent compared to 39.1 percent in the year-ago quarter and international sales accounted for 62 percent of the quarter’s revenue.

Shares of Apple responded to the news by surging more than 7%, or $26.48, to a new all-time high of $403.33.

“We’re thrilled to deliver our best quarter ever, with revenue up 82 percent and profits up 125 percent,” said Steve Jobs, Apple’s CEO. “Right now, we’re very focused and excited about bringing iOS 5 and iCloud to our users this fall.”

During the three-month period from April to June, the Cupertino-based electronics maker sold a record 20.34 million iPhones, representing 142% unit growth over the year-ago quarter. Apple also shipped record 9.25 million iPads during the quarter, a 183% unit increase over the year-ago quarter.

Sales of the company's Mac personal computers came in just shy of 4 million at 3.95 million, a 14 percent unit increase over the year-ago quarter. Meanwhile, iPods continued their expected decline, falling 20 percent unit wise from the year-ago quarter to 7.54 million units.

“We are extremely pleased with our performance which drove quarterly cash flow from operations of $11.1 billion, an increase of 131 percent year-over-year,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth fiscal quarter of 2011, we expect revenue of about $25 billion and we expect diluted earnings per share of about $5.50.”

Notes of interest from Apple's Q3 2011 conference call

Apple on Wednesday reported a record-breaking quarter with $28.57 billion in revenue, propelled by a massive 20.34 million iPhones and 9.25 million iPads sold in the quarter. Following the news, Apple executives participated in a conference call with analysts and the press, and notes of interest follow.

Apple's iPhone and iPad products continue to send the company to even greater heights, as handset sales were up 142 percent year over year, and the iPad grew 183 percent from 2010. Its $28.57 billion in revenue was a record-breaking quarter.

Participating Wednesday's conference call were Apple Chief Operating Officer Tim Cook and Chief Financial Officer Peter Oppenheimer.

Apple's iPhone business

iPhone sales were up 142 percent year over year, despite the fact that a new model was not released in the quarter. Sales also crossed the 20 million milestone for the first time ever.

Apple's iPad business

The iPad grew 183 percent year over year to reach sales of 9.25 million. iPad sales exceeded total iPod units in the quarter.

Apple's Mac business

Mac sales were 3.95 million, up 14 percent from 3.47 million a year ago.

2011 represents a new June quarter record for Mac sales.

Growth was more than four times IDC's recently published forecast for the overall PC market, Oppenheimer said.

Apple's iPod business

iPod sales continued their steady decline in the most recent quarter, slipping 20 percent year over year to 7.54 million.

Apple's regional business segments

International sales accounted for 62 percent of the quarter’s revenue.

The company saw the greatest gains in the Asia Pacific region, where sales spiked from $1.8 billion in 2010 to $4.7 billion in 2011.

Apple's retail business

Retail sales for the quarter were $3.2 billion, up from $2.6 billion in 2010.

Apple's next (Q4 2011) fiscal quarter

Apple's guidance for next quarter calls for revenue of $25 billion and diluted earnings per share of about $5.50.

 

[Tiger Fan]

dot

 

[Otis]

I wanted to load the boat in options at the crash when it was 80 bucks. I'd be retiring.

 

[tommyGunZ]

I wanted to load the boat in options at the crash when it was 80 bucks. I'd be retiring.

Why didn't you load at $120? Or $160? Or $180? Or $250? Or $300?

 

[azgroover]

Very low-tech comp'd to AAPL, but I'm all over Chipotle Mexican Grill (CMG). While tastes may differ amongst people, you can't deny the popularity of these restaurants. If you've ever been in one at lunchtime, chances are, the line is out the door. They're only located in 20-something states right now, but they have great management as they were spun off from McDonald's and they just do things right. It's a stock in the 60s now, but there's still plenty of room for it to grow and I'm going to keep holding and buying more. Everytime they have a bump in price due to good earnings, etc., I always make it a point to get a celebratory burrito bol.

I remember this thread...Today:

Chipotle Mexican Grill, Inc. Co - (NYSE: CMG) - 170.13

Chipotle still killing it under the radar here.Closed at $333.71 today.

Enjoy your burro bols

 

[goonsquad]

Very low-tech comp'd to AAPL, but I'm all over Chipotle Mexican Grill (CMG). While tastes may differ amongst people, you can't deny the popularity of these restaurants. If you've ever been in one at lunchtime, chances are, the line is out the door. They're only located in 20-something states right now, but they have great management as they were spun off from McDonald's and they just do things right. It's a stock in the 60s now, but there's still plenty of room for it to grow and I'm going to keep holding and buying more. Everytime they have a bump in price due to good earnings, etc., I always make it a point to get a celebratory burrito bol.

I remember this thread...Today:

Chipotle Mexican Grill, Inc. Co - (NYSE: CMG) - 170.13

Chipotle still killing it under the radar here.Closed at $333.71 today.

Enjoy your burro bols

Wow. Good call.

 

[azgroover]

Very low-tech comp'd to AAPL, but I'm all over Chipotle Mexican Grill (CMG). While tastes may differ amongst people, you can't deny the popularity of these restaurants. If you've ever been in one at lunchtime, chances are, the line is out the door. They're only located in 20-something states right now, but they have great management as they were spun off from McDonald's and they just do things right. It's a stock in the 60s now, but there's still plenty of room for it to grow and I'm going to keep holding and buying more. Everytime they have a bump in price due to good earnings, etc., I always make it a point to get a celebratory burrito bol.

I remember this thread...Today:

Chipotle Mexican Grill, Inc. Co - (NYSE: CMG) - 170.13

Chipotle still killing it under the radar here.Closed at $333.71 today.

Enjoy your burro bols

Wow. Good call.

Thanks. Load up when the next madcow event hits.

 

[Green94]

AAPL: $403.33 (+26.48)

In After Hours Trading

HFS

 

[Green94]

Crazy - normally on the run up to the earnings call we'll get a nice bump and the day after it comes tumbling down.

After hours trading over 4 bills now... let's see what tomorrow brings.

 

[adonis]

What can I say - when I'm right, I'm right.

Might as well add another prediction to my track record of correct calls...

I predict that within the next couple of years, we'll see the integration of the ipad technology with the laptop, with some sort of tablet/notebook hybrid. We'll continue to see spec/hardware improvements/optimizations for a generation or two, but soon we'll see a true integration of the touchscreen capabilities of the iPad with the ultraportability of their macbook airs. Think a macbook air with an iPad as a monitor that can run as a fully functional OS, or a lite version (iOS like) when it's in iPad mode (screen turned around, or potentially detached?).

Apple continues to sprint while other companies are still sleeping. HP recently threw in the towel and admitted that it just can't keep up. Google is playing huge catch up paying a 60% premium for a company just to be able to compete on patent litigation to stay in the game. Amazon is doing well but will be competing in the lower end of the price spectrum (still good). But apple has SERIOUSLY out strategized the entire rest of the industry, by a long shot.

With iOS 5 coming out, a new iPad coming out, a new iPhone coming out, and the iCloud integrating their suite of products, the next few years are gonna be great for apple shareholders. If they can score a deal to stream TV where they can compete with HULU, or stream movies like Netflix via subscriptions...well, the sky is the limit here folks.