Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

The Seattle Times

Business / Technology


Our network sites seattletimes.com | Advanced

Brier Dudley's Blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

E-mail Brier| 206.515.5687 | Follow Brier on Twitter| Microsoft Pri0 blog| RSS feeds Subscribe | Blog Home

January 17, 2007 2:24 PM

The iPod holiday gift: $1 billion for Apple

Posted by Brier Dudley

Apple just reported a record $1 billion profit for the quarter that ended in December, but some investors weren't excited about the fine print and the stock bobbled down a bit in extended trading.

Mac sales were up 28 percent by unit, 40 percent by sales.

Sales of iPods were up 50 percent by units, 18 percent by sales, reflecting the broader line of low-end models.

Overall company sales were up 24 percent to $7.12 billion, or $1.14 per share. That blew past expectations of 78 cents per share.

The current quarter may be more disappointing. Apple said it's expecting sales of $4.8 billion to $4.9 billion, and earnings per share of 54 to 56 cents.

Wall Street had been expecting 60 cents during the current quarter.

Apple deflected a bunch of questions from investors about the iPhone, saying more details will be available just before its June launch.

Gene Munster said the iPhone sales forecast -- 10 million units in 2008 -- seems low and asked if Apple's going to be limited by manufacturing capacity.

"It seems like that number should be more than easily achievable,'' he said.

Digg Digg | Newsvine Newsvine

Submit a comment

*Required Field


Recent entries

Mar 18, 08 - 12:00 AM
SourceLabs launches open-source support suite, new Linux play

Mar 17, 08 - 12:16 PM
Amazon pre-announces Microsoft's Vista SP1 ship date

Mar 17, 08 - 09:32 AM
A vision of the Web services future Microsoft is developing

Mar 14, 08 - 02:15 PM
MySpace goodies coming to WSJ, CTO says

Mar 13, 08 - 04:43 PM
Nanaimo gaga for Google

Advertising

Marketplace

Open Houses

Find this weekend's open house listings.
Or search by location:

nwautos

Fatal crashes are down in Washington, and a national used-car database goes onlinenew
Associated Press Study: Fatal crashes down in Washington Last year Washington's roads were the scene of the fewest fatal crashes since 1955. According...
Post a comment

Advertising

Advertising

Categories
Calendar

March

Sun Mon Tue Wed Thu Fri Sat
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31          
Browse the archives

March 2008

February 2008

January 2008

December 2007

November 2007

October 2007

Features

Video

Demo of the Week: TeachStreet.com

Share your thoughts!

Gadgets and games | Fun stuff I've written about lately includes Apple's iPhone, Hewlett-Packard's HDX laptop and Microsoft's Halo3. Also on the radar are new digital video boxes such as the Tivo HD and the Vudu.