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You are currently browsing the Stan’s List weblog archives for the day Monday, October 22nd, 2007.
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You are currently browsing the Stan’s List weblog archives for the day Monday, October 22nd, 2007.

The iPod was a chance, in the beginning. How long did it take for Apple to see a connection to increased sales? All the time marring each generation of iPod and iTunes to the OS. The iPhone was a given, a direct result of the iPod and Mac OS X.

NY Times’ John Markoff who, includes quotes from an interview with Steve Jobs in an article on the rise of Apple.

“The Macintosh has a lot of momentum now,” said Steven P. Jobs, Apple’s chief executive, in a telephone interview last week. “It is outpacing the industry.”

In a possible look to the future:

“People don’t understand that we’ve invented a new class of interface,” he said. More …

In a related article, Alex Frankel, was Apple Store trained in order to conduct research in to just how Apple employees interface with customers. More …

# Stellar results by Apple |

The Company posted revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share. These results compare to revenue of $4.84 billion and net quarterly profit of $542 million, or $.62 per diluted share, in the year-ago quarter. Gross margin was 33.6 percent, up from 29.2 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter’s revenue.

Apple shipped 2,164,000 Macintosh® computers, representing 34 percent growth over the year-ago quarter and exceeding the previous quarterly record for Mac® shipments by 400,000. The Company sold 10,200,000 iPods during the quarter, representing 17 percent growth over the year-ago quarter. Quarterly iPhone™ sales were 1,119,000, bringing cumulative fiscal 2007 sales to 1,389,000.

We are very pleased to have generated over $24 billion in revenue and $3.5 billion in net income in fiscal 2007,” said Steve Jobs, Apple’s CEO. “We’re looking forward to a strong December quarter as we enter the holiday season with Apple’s best products ever.”

Apple ended the fiscal year with $15.4 billion in cash and no debt,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first quarter of fiscal 2008, we expect revenue of about $9.2 billion and earnings per diluted share of about $1.42.” More …

Apple will provide live streaming of its Q4 2007 financial results conference call utilizing QuickTime®, Apple’s standards-based technology for live and on-demand audio and video streaming. The live webcast will begin at 2:00 p.m. PDT on Monday, October 22, 2007 at www.apple.com/quicktime/qtv/earningsq407/ and will also be available for replay.