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http://www.macfixit.com/article.php?story=20070425135612124

Wednesday, April 25 2007 @ 01:45 PM PDT
Apple posts 88 percent profit growth, shares jump past $100 in after-hours trading
Apple has announced financial results for its second fiscal quarter of 2007, beating consensus estimates soundly and sending shares of common stock over US$100 in after-hours trading.

Apple posted revenue of $5.26 billion and net quarterly profit of $770 million, or $.87 per diluted share. These results compare to revenue of $4.36 billion and net quarterly profit of $410 million, or $.47 per diluted share, in the year-ago quarter. This compares

Other key indicators:

1.517 million Macs were shipped in the quarter, representing 36 percent growth over the year-ago period
10.549 iPods were shipped in the quarter, representing 24 percent growth over the year-ago period
Gross margin was 35.1 percent, up from 29.8 percent in the year-ago quarter.
International sales accounted for 43 percent of the quarter's revenue.
somewhere Dovrak is d(r)owning (in) a bottle of scotch
 

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I doubt that Dvorak is drowing in anything. The man always did enjoy deliberately stirring the pot, then stepping back and take glee in watching the Mac faithful sputter and twitch in indignation. He's long been a troublemaker of a columnist, knowing that being outrageous or predicting doom for Apple works wonders for generating controversy.

Good on Apple, though.
 

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Curse those greedy coporate fatcats!! Apple is the new Big Oil.

I noticed that some of the new MacPros went up in price, even as the cost of materials went down. Is it because Apple has a stranglehold monopoly on Macs? Is that fair? Apparently some people living in urban areas can't afford Macs even though these are clearly the tools they need to be full participants in a vibrant Canadian economy. Only Apple's reliance on huge profit margins prevents this.

When, oh when will Apple start giving back to the community?
 

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Curse those greedy coporate fatcats!! Apple is the new Big Oil.

I noticed that some of the new MacPros went up in price, even as the cost of materials went down. Is it because Apple has a stranglehold monopoly on Macs? Is that fair? Apparently some people living in urban areas can't afford Macs even though these are clearly the tools they need to be full participants in a vibrant Canadian economy. Only Apple's reliance on huge profit margins prevents this.
First off, just because Apple's overall profit margin is 35%, does not mean they make that on everything. They might make 45% on certain iPod models, 20% on iMacs and 15% on Mac Pros, for all we know.

Second, just how little margin should a company see as a return on their investment, and who says what is too much? Jewellery and clothing retailers for instance often see margins of 50-80% on the products they sell. Surely clothing is a more important product than a computer?

When, oh when will Apple start giving back to the community?
They started a while ago.
 

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