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Didn't Laura Goldman say sell sell sell. I think we all should email her and ask for her expert opinion. LOL

Wow, a buldozer in space...

THATS RIGHT MOTHER F----ER!!!!!


$$$$$$$$$$$$$$$$$$$$

Those are some stellar figures indeed. However, pundits would point out that 1.1 million iPhones do look a bit underwhelming. But the Apple story is always based on the Mac. And profit margins from Macs sure beat those from the iPhone. Time to open that bottle of '84 Chateau in the cellar.

I am putting a sell on Microsoft, the company that made windows vista.

Anyone know if this puts Apples market value above IBM or Intel?

what happened in Japan? down 11%

I think Laura should sell her company and give back to her constituents the money they would have made had she not said "sell" on AAPL.

Dear MDN,

We feel that it is entirely unfair for you to give credit solely to Laura. True, she did make those now infamous declarations. However, there is a legion of equally inane stock analysts whose combined limited wisdom surpasses even hers. We have consistently predicted (wrongly) the demise of your favorite fruit company. We deserve to be recognized.

Sincerely,
Filthy Hacks

Those are some stellar figures indeed. However, pundits would point out that 1.1 million iPhones do look a bit underwhelming.

Underwhelming? 1.1 million $500-600 (that was the price for all but the last two or three weeks of the quarter, then it was $400) phones in one quarter is underwhelming?

I'd sure like to sell something so underwhelming.

This puts market capitalisation of Apple solidlz above both IBM and Intel. This is going to be a momentous event tomorrow, when the dust (and the stock price) settles. Unless it settles below $180, Apple's market cap will for the first time eclipse both companies, and will be well on its way to overtake Google.

@AAPL Shareholder

1.1 million iPhones is a pretty stellar figure. #1 best-selling phone for AT&T;. #4 best-selling phone in the entire US. This for a $400 ($600 for part of the quarter) phone.

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What a great quarter!!!!!!!

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http://firetonykornheiser.blogspot.com/

Uh, I can't think of anything to say.

"Your passion, Our . . . . uh, uh, uh™"

The iPhone is only on sale in the U.S. 1.1 million iPhones sold in the US alone in one quarter is phenomenal. The product has only been out since June! It took the iPod more than a year to reach 1 million sold. The iPhone is gonna be huge!

Just wait till they launch in Europe and Australia, the iPhone numbers will be through the roof.

As a guy who has my life savings in AAPL, I'm thrilled with these numbers.

Market Cap: Well, After Hours it's hard to tell, but Apple sure will have surpassed IBM and Intel by tomorrow.

Zune Tang, you can always brag about the Turd Zune selling out at 20 bucks!!!! LOL

Yeah, if that's underwhelming, where the hell does it put average companies that are having average growth rates? Would they be called beleagured?

"As a guy who has my life savings in AAPL, I'm thrilled with these numbers."

That makes two of us. Cheers!

magic word : "justice"

@Jooop...

I love Apple, man, I really do. As clearly you do. But I gotta tell you--diversify! If you really have your life savings in AAPL I strongly encourage you to sell some and buy some other investment vehicles.

Let me clarify my statement for the math-challenged:

Apple sold 1 million iPhones in the first 74 days of it going on sale. That's an average of 13,513 per day. The quarter has 91 days. If the rate of iPhone sales kept its momentum, Apple would have sold well over 1.2 million units. I know I'm nitpicking. But in light of the $200 price cut, you would expect the momentum to INCREASE, not decrease. Clearly something is not right. But as long as AAPL keeps making me $, I'm not complaining.

Record sales on mac just before Leopard is introduced. Waw!

This proves that Steve made a good strategic decision to delay Leopard in favour of the Iphone. Vista was going nowhere at the time (and still today) and Mac sales were going exteremly well without the need for a possibly unstable Leopard. Excellent call, Steve! In you, we trust.

Now just give us a stable Leopard along with some excellent media coverage and AAPL at 200! I bet on 2,8 million macs sold in Q4.

Oh, yes, do not forget that despite the long-term accounting on Iphone sales, the actual money is already in the bank.

Darkness, I think your reasoning is flawed. When you have the "nuts" (cardspeak for an unbeatable hand) you go all in.

Keep in mind that with Leopard being released this Friday, AAPL revenue will be phenomenal. A lot of people are holding off Mac purchases pending release of Leopard. This weekend will be nothing but the sweet music of cash registers at Apple Stores. Can we say 5 million Macs sold in Q4?

You can get pretty good Market Cap info for AAPL on the google finance page. It compares with the other co's in near real time. 15 min delay.
AAPL

http://finance.google.com/finance?q=aapl

AAPL shareholder, I do appreciate your take. I also remember how long it took for the iPod to take off (I bought it right when it came out, just like my phone). Really though, the iPhone will not have the penetration in the phone market that the Ipod does in the mp3player market, but that's not a bad thing! The market is way bigger. For those who don't own an iPhone, most will have the new iPod. Apple is piling sales on sales in a lot of these cases. And the biggest factor is that Apple is opening up with the SDK soon! This will turn the iPhone into many specialized devices, which will target new markets (business).

...and then there's Leopard. Holy hell they're on fire.

...and by the way, AppleTV is INCREDIBLE. I am the envy of my friends right now.

@ Someone Else:

Basically right, this quarter will blow it again.
Why?
The iPod touch cannot be manufactured in big enough quantities.
The iPod nano will be a big hit with the added video feature.
The iPhone will debut in Europe.
All Macs will ship or the sold ones are entitled to get an update to Leopard,

I estimate 2.5 Mio Macs and 14 Mio iPods plus 1.6 Mio iPhones and around 7.3 Billion of revenue.

And fer everybody:

The report was about Q4, now we are in Q1

I just did the math and it looks like Apple is getting $18.53 per month per iPhone from AT&T;. Wow.

Location Report

I was at the Apple 'ice cube' Store in NYC last week at lunch hour. People were lined up 10 -15 deep to buy iTouches and iPhones, stacked in boxes six wide and five high, from a special little table at the entrance. (2/3 iTouch, 1/3 iPhone) A pleasant person was there to exchange these iPods for CC numbers. People were only to happy to comply. iTouches and iPhones were literally flying out the door. I've never seen anything like it.

Of course, on seeing this, others may be "a bit underwhelmed".

Could this bode well for the future?
Ya think?


magic word: "further"

My cost basis in AAPL is $4.125. I kid you not.

MDN Magic Word is "four," as in four-and-an-eighth.

Ok who were the d-bags who said, "unfortunately aapl will go down after earnings, like it always does."? Good thing I didn't listen to you and bought my calls anyway. 300% overnight and counting aint bad.

When Leopard comes out it will be time to switch from PC to MAC. Although I am sure an Apple upgrade is safe, coming from the PC world I am wary of upgrades and that is why I waited.
I am sure there are plenty of others like me.

Real investors don´t brag on public forums about their stock picks.
Can´t prove what you brag about and you can blah, blah, blah B.S. everything you say.

Apple has picked up over $11 BN in market cap... AFTER HOURS, putting it ahead of IBM and Intel by a wide margin. Who's next? GOOG. Then MSFT. Before you know it we'll be talking about some real money.

@ Randi Z

Spoken like someone who's not making 1,400%. ;P

This is also the first time that I know Apple to be this positive for next quarter. What gives? Normally they are way more careful.

Oppenheimer: Steve, what do we tell them about next quarter?
Jobs: Production transition costs?
Oppenheimer: No, already used that one in Q3.
Jobs: Rising commodity prices?
Oppenheimer: No, used that one in Q2.
Jobs: Lower margins due to weak dollar?
Oppenheimer: They are not that stupid, Steve.
Jobs: Oh shit, they are on to us!

AAPL Shareholder, You have to remember this is not an iPod which you can reasonably buy on a whim. Many people will be buying them when their 2 year committment is up and not earlier. You might not see the U.S. sales numbers grow like the iPod did(or maybe you will?). You WILL see great revenue growth because Apple is spreading iPhone/AppleTV revenue over two years. This means the numbers will ramp up wonderfully at least through 2009. Then add more numbers with the European versions next month and Asian versions early next year. Japan will be a huge market. Easily $300/share within 2 years.

The iPhone is stuck because it requires AT&T;. If you were never burned by them then you will be quite happy. I'd rather have puking diarreah than switch to AT&T;. I know two other hard core Mac users who will not switch because of bad AT&T;, SWB, Cingular experiences.

But overall, yahoooooooo a great quarter. Thank you AAPL. I might have a retirement yet

More reasons why iPod and iPhone numbers are different animals. How many of you have multiple iPods? Will not be the case for iPhones. Also the resale market for (non-iPhone) mobile phones is practically nill. A lot of people will wait until their current phone is ready to be trashed!

@ Zune Tang: You could have mentioned that Acer's marketshare is growing even faster than Apple's does.

My guess is that Apple's success is not only based on OSX, iPod and iPhone, but also on on a general movement away from the cheap and anonymous boxmakers - even on the Dark Side. Which in turn could be a result of Apple leading the way.

Apple: On the way to 10 billion dollar quarters!

Your math is a bit statistically flawed. For a more accurate trend analysis, I would remove the first two days because those days are anomolies and don't represent a trend. 270K units were sold in the last two days of June. Therefore, Apple sold 730K units in 72 days giving us 10.14K units/day. Using that more representative number, units/day sold actually increased slightly.

Statistically, I would remove the first two weeks of sales in the trend calculations. The sales/day would easily go even lower which would show that iPhone sales grew even more than slightly.

Most of the iPhone (and AppleTV) revenue is not even in the record-breaking numbers, as it is in deferred income. But everyone is realizing that even with just 1.1 million iPhones, it is a cash cow - especially now that we can guess how much AT&T;is forking over per subscriber...

poor laura goldman. it's going to be a very bad hanukkah for her... sigh.

Oy, gevalt.

Apple sold 389K iPhones in just 19 days after passing 1M, so the rate was about 20K units/day.

Gonna be adding 2 more to that total as soon as Steve reveals iPhone G2 at Macworld in January, 2008!

"Most of the iPhone (and AppleTV) revenue is not even in the record-breaking numbers, as it is in deferred income."

And nor is most of the cost of the iPhones sold included either.

"Company defers the associated revenue and cost of goods sold at the time of sale, and recognizes both on a straight-line basis over the currently estimated 24-month economic life of these products."

"Statistically, I would remove the first two weeks of sales in the trend calculations. "

Statistically I'd throw away the whole quarter as it contains two unusual events that would have caused spikes in demand (the post launch weeks and the price drop) and look at how the trend tracks over the next quarter.

"Before you know it we'll be talking about some real money."

Good, because right now you're talking about unrealized capital gains.