CUPERTINO, California—January 17, 2007—Apple® today announced financial results for its fiscal 2007 first quarter ended December 30, 2006. The Company posted record revenue of $7.1 billion and record net quarterly profit of $1.0 billion, or $1.14 per diluted share. These results compare to revenue of $5.7 billion and net quarterly profit of $565 million, or $.65 per diluted share, in the year-ago quarter. Gross margin was 31.2 percent, up from 27.2 percent in the year-ago quarter. International sales accounted for 42 percent of the quarter’s revenue.
Apple shipped 1,606,000 Macintosh® computers and 21,066,000 iPods during the quarter, representing 28 percent growth in Macs and 50 percent growth in iPods over the year-ago quarter.
‘We are incredibly pleased to report record quarterly revenue of over $7 billion and record earnings of $1 billion,’ said Steve Jobs, Apple’s CEO. ‘We’ve just kicked off what is going to be a very strong new product year for Apple by launching Apple TV and the revolutionary iPhone.’ More …
According to Tech.co.uk, Apple is in the works to allow “Made For iPod” licensees that would be able to decode the “FairPlay” DRM encryption used on iTunes Music Store’s products. This move (if true) would be a huge change from Apple’s usual stance which has been to jealously protect its protection scheme from being used by other manufacturers.
Apple Corps and Apple Inc., since last year, have been working on a agreement to have the Beatles’ catalog appear on the iTunes Store.. “Love” could be the the first Beatles album to be released on the iTunes Store, Macworld UK reports.
A MacInTouch reader in Fraud Reports posted the following:
This site is selling the iPhone at half price! Someone tell Apple… http://www.halfmania.com/Browse/Product/?pid=7271&dmid=
Comment:
This is actually a site that takes you to page after page of increasing credit card offers, never quite making it to the expected reward. AppleInsider had one these for a long time. Now there is a Ad by Google for a Free iPhone. NOT.
The user agreement for the free iPhone allows Generous Genie to change the agreement at anytime and substitute another product for the one offered.
Will Stan’s List finally get the notice it deserves? I ask because Apple’s lawyers are going after web pages displaying images of the iPhone. Apple considers these screenshots as a violation of the their copyright, all the time encouraging photo shots of the device at MacWorld. The Melbourne Age reports, that even skins have been created to mimic the iPhone. More …
The iPhone user interface running on a Windows Mobile handheld.
It seems that Steve had a few more thing to say about the iPhone. Luckily Saturday Night Live was there give us the low down.
The first video was removed from youtube but there are still several others up there. If this one goes down you can find others with this link.
NBC doesn’t seem to like it when others enjoy their work. Or at least not when they enjoy it in a manner not prescribed by them.
It is an interesting question posed by David Pauly on Bloomberg.com Can Apple continue to be a leader in technology without its venerable leader. He goes through a worse case scenario in regards to Apple’s troubles with the Securities and Exchange Commission. Some people at worried that if it came down to giving Steve the axe that they would be cutting off their own heads.
This years MacWorld did seem to have a bit more pep in it than the last few years have. I was beginning to think that the glory days of the expo were behind us and that the famous trade show would continue to dwindle but this year has given me hope. The vendors were more energetic, the swag was plentiful, and the crowds were buzzing. As Apple’s share of the market grows, and with the switch next year to the third week of January (to alleviate the conflict with CES) I hope to see our favorite gathering become an even more exciting place.
MacWorld Expo 2007 Best of Show
What were your impressions of Macworld? Let us know.
Daniel Eran of RoughlyDrafted has great series of articles that take a look into the rumors and truths surrounding the iPhone.
ZDNet reported, that a review of the information from the US Patent and Trademark office, reveals that Cisco was not in compliance and “does not own the mark as claimed in their recent lawsuit.” More …
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