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AAPL 2nd Fiscal Quarter Earnings Report - 4/17
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DawnTreader
- [ Ignore ]
Apple is scheduled to release its 2nd fiscal quarter earnings report and financial statements on 4/17. We will be providing coverage of all the annoucements from Cupertino in the Apple Finance Board Forum and the Apple Stock Watch report.
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DawnTreader
- [ Ignore ]
Earlier today, USB Warburg raised its outlook on Apple from a hold to a strong buy.
USB Warburg Raise Outlook on Apple .
This is significant because the move comes before Apple’s scheduled release of 2nd fiscal quarter earnings next week.
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Please read the latest Apple Stock Watch Report available only at The Mac Observer!<font size=-1>[ This Message was edited by: DawnTreader on 2002-04-11 13:04 ]</font>
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DawnTreader
- [ Ignore ]
The Street expects Apple to earn $.10 per share on about $1.5 billion in revenue. Please follow today’s announcements in a special Apple Stock Watch report.
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Please read the latest Apple Stock Watch Report available only at The Mac Observer!<font size=-1>[ This Message was edited by: DawnTreader on 2002-04-17 13:44 ]</font>
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DawnTreader
- [ Ignore ]
Apple’s results for the 2nd fiscal quarter are now available in an Apple Stock Watch special report.
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TMO Observer
- [ Ignore ]
I listened to Fred Anderson’s conference call with the analysts and one thing stuck out in my mind. When Fred was responding to a question about margins on the products he said that Apple would happily lower margins below their optimal 30% if it lead to a double digit increase in sales. I guess that all the moaning was heard in Cupertino after all.
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I too was amazed by that little comment. It’s a sacrifice of 2 percentage points off the gross margins, but that’s still a drastically different direction or Apple to take on this issue. Is it Dell’s influence being felt? Especially in the education market?
We’re going to have an article on this little tidbit tomorrow, BTW.
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Editor - The Mac Observer
Favorite (but less relevant than it used to be) Quote: Microsoft’s tyranny lies not in its success, but in the way it achieved and maintains that success.
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TMO Observer
- [ Ignore ]
I think that the biggest new was how PowerMac systems are not selling well. Fred called them “flat”. Aren’t the PowerMacs Apple’s highest margin product? He blaimed the poor sales on tightened budgets and lack of Photoshop and Quark for X. Is that the real reason? I am sure that graphics pros are not buying that many systems, but I have to wonder if they were not waiting for Photoshop, but some mythical “G5”. These people have a vested interest in having the fastest hardware and are likely Apple’s strongest supporters. So what happens when the choir stops listening to the preacher?

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DawnTreader
- [ Ignore ]
A review and analysis of Apple’s 2nd fiscal quarter results has been posted.
Robert

