Established 1999
     
8,000 companies from USA and India.  
   
Search over 25,500 news articles and 8,000 companies earnings    
 
Earnings Calls: 
Apple First Quarter Earnings Call
Author: Rozalina Destanova
123jump.com
Last Update: 3:34 PM EST January 26 2008

123Jump:


(Continued)

Email article | Print article

Apple’s revenue increased to $9.6 billion, beating expectations of $9.47 billion. The company sold 22.1 million iPods and 2.3 million Macintosh PCs. The company is pleased with the successful launch of Leopard on October 26th and the response from both customers and reviewers has been good. Total revenue recognized from sales of iPhone, iPhone accessories, and payments from carriers was $241 million. For Q2, the company estimates it will earn 94 cents a share on $6.8 billion in revenue.


Investors Question and Answers

 
 Company Website Links:
Investor Relations Financial Info Corporate / History Profile Executives Products Services
 
You need to upgrade your Flash Player


You need to upgrade your Flash Player

 
Chris Whitmore (Deutsche Bank): How many retail outlets or distribution points was the Mac available during the quarter and do you have any targets for year-end?

Timothy D. Cook: We have moved the number of storefronts carrying Mac now up to 9,500 and that compares to 7,700 a year ago. We have done that because of the momentum that we see in the Macintosh business. We plan on doubling the number of Best Buy stores.

Chris Whitmore (Deutsche Bank): How many retail outlets are available within existing countries where the phone is available?

Timothy D. Cook: We have about 2,500 storefronts in Europe that carry iPhone between the U.K., France, and Germany, and we have around 2,000, 2,100 or so in the United States between our stores and the AT&T stores.

Andy Hargreaves (Pacific Crest Securities): Do you have any plans to do any new in-store displays on Apple TV or any other marketing to show what the product does, especially at third-party retailers?

Timothy D. Cook: This is something that we are looking at but have nothing specific to talk about today.

Andy Hargreaves (Pacific Crest Securities): Is there anything you are doing actively to try to promote more corporate use outside of the traditional customers in either your reseller channel or in education that you are doing?

Timothy D. Cook: The education market had a record first quarter for us. We grew about five times the IDC’s forecasted market rate of growth of 6%, and this was led by both K-12 and higher ed, and so we were doing excellent in this business. There are many examples of small business using Mac and larger businesses continue to be interested in the Macintosh as well.
  1  2  3  4  5  6  7 More: Earnings Calls

 


 
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses
- 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reports on 3,500 U.S. companies -
U.S. Earnings Calendar with 4,800 companies - 90,000 10-K reports - 26,000 Global markets news archive - 2,200 Earnings Conference Call Summaries

Other Sites:
© 1999-2012 123jump.com. All rights reserved