UPDATE: Apple’s stock is being punished because of concerns about Steve Jobs’ health, plus the company’s cautious guidance about Q4. Jobs didn’t participate in the earnings call, leading analysts to ask whether he is OK. Apple CFO, Peter Oppenheimer dodged the question. As Wired.com reports: “Andy Hargreaves, consumer electronics analyst at Pacific Crest Securities, said the lack of response from Oppenheimer regarding Jobs’ health only adds to investors’ doubt. “Not addressing Steve Jobs’ health perpetuates the fear that it’s a real problem,” Hargreaves said.”
Well, Apple just had another record quarter, with earnings jumping by 31 percent and revenue by 38 percent. The company sold more Macs in the third quarter than it has at any point in company history. It is performing better as a company than it ever has, and in a down economy.
So how does Wall Street respond? By knocking the stock price down by more than 10 points. Why? Because Apple’s guidance, or “made-up numbers to please whiny Wall Street analysts,” is below where the analysts believe it should be. Now, this might seem like rational behavior. If Apple is below Street consensus, the company must be headed for unanticipated trouble, right?
No. Not at all. Apple always sets expectations low and then jumps way beyond them. Take this quarter. Apple set earnings guidance at $1 per share. Analysts pegged it at $1.10 per share. Instead, they managed $1.19 per share. And the same thing keeps happening as far back as you can look. As Andy Zaky notes, Apple does this all the time, and they always beat their own guidance and the Street consensus, too. It’s just how they roll.
So why is it obvious to everyone except Wall Street traders that Apple always understates its guidance? Power is one hell of a drug, I imagine.
Picture via Imageshack
Written by Pete Mortensen on July 21st, 2008 with no comments.
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Steve Jobs at WWDC 2008. Photo by MacsimumNews
During Apple’s earnings call, a question was asked about Steve Jobs’ health.
Answer: “Jobs has no plans to leave Apple. Steve’s health is a private matter.”
Written by Leander Kahney on July 21st, 2008 with no comments.
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Apple just announced its best June quarter ever for revenue and earnings in Apple’s history.
Highlights include:
- Almost 2.5 million Macs shipped — 41 percent growth. Highest Mac shipments ever. The Mac is back!
- 11 million iPods sold — 12 percent growth
- $7.46 billion revenue
- $1.07 billion profit
(Last year: $5.41 billion and $818 million profit)
And this is without recording any iPhone revenues, which are being deferred until the fourth quarter.
Webcast of the analyst conference call.
Highlights from the analyst call:
- App store: 900 apps; 25 million apps downloaded; 20 percent free; 90 percent below $10.
- iPhone 3G: 22 Countries. 1 million sold in first 3 days after launch. 20 more countries on Aug 22nd
- Future Product transition: Q4. “Can’t discuss today.”
Written by Leander Kahney on July 21st, 2008 with no comments.
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When it comes to the portable media players then nothing but the name of iPod from Apple comes first. They have launched their iPod series with the iPod classic and then several additions have been done. One of the high-tech and most powerful iPods of the series is the iPod touch. Launched on 5th September, 2007, this iPod is called as ?The Beat Goes On". It has added the Multi-Touch graphical user interface to the iPod series. It provides user lot of additional features than the previous one and the users will get the full enjoyment of accessing those features on its 3.5- inch wide-screen display. This model comes with Wi-Fi wireless connectivity option which makes it class apart from the world of portable music players. The users will also be able to access Internet with the iPod Touch 16 GB. Apart from that the users will be thrill by scrolling high-tech features with a flick. But the most attractive feature the iPod is its compatibility with a big and high-resolution screen which helps user to watch their favourite movies, T.V shows and slideshows in bright and vivid colour on the 320 x 480 pixels display.
This power-packed music player comes with 8 or 32 GB of internal hard-drive apart from 16 GB, in which you can save your favourite music, movies, photos and data. The elegant device is so light-weighted and sleek that one will not face any kind of hassles by carrying it. This thin but hardy media player measures 110 x 62 x 8 mm and weighs only 120 grams. The front portion of the iPod Touch 16 GB consists with two buttons and built with revolutionary black coloured plastic trim touch-screen. It gives an amazing feeling while operating the music gadget, because it works on very sophisticated iPhone 2.0 (Build 5A347) Operating system. For its 412 MHz (with software update 1.1.2) ARM11 Processor and 128 MB of DRAM the users will get a thrilling feeling by operating the iPod faster and with a great ease.
While listening to the music or watching videos the users do not have to bother about the power back up, if the battery is fully charged. Because, its Lithium-ion battery provides user the facility of listening 22 hours of music and 5 hours of video playback.
By having the iPod touch 16 GB, one will get USB2.0 cable, earphones, dock adaptor, polishing cloth and stand. One of the best way to avail Apple iPod Touch is by going Online shops and retailing sites, which provides it at best affordable rates.
By: Besanto
Article Directory: http://www.articledashboard.com
Jack Daniel is an expert author and the webmaster of free gifts with mobile phones. The website having details of orange mobile phones and iPod touch 16 GB
Written by iPod News admin on July 21st, 2008 with no comments.
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The Zune Video Player, although not as popular as the iPod, it's definitely known of. Unforunately for Microsoft, it seems impossible to overcome the power of Apple's iPods to take the number one spot on the market. But number two isn't so bad, now is it? Microsoft has put out a quality MP3 Player, the Zune Video Player. Theres quite a few features on this baby compared to the iPod, which may make for a little more complicated experience.
Lets start with the name which is sort of odd, the "Zune", but it works. It's virtually the same price regarding almost all sizes. When it first came out, not very many people knew really what it was, the advertising and media for the Zune Video Player wasn't done well, which definitely took a part in what the Zune is today, 2nd place. That's a shame because even though the Zune could be a highly marketable product, due to it's uninformational advertisements giving no solid information on the Zune, no one paid attention because nothing stood out.
The colors that the Zune Video Player come in aren't very special. They come in black, brown, and white. This is another aspect that may not have appealed to the public so much, because who wants a brown mp3 player? But once you get inside the real product, you start to see what shines. The Zune can play up to 14 hours of music, and 5 hours of video. Compared to the iPod, the music is close to equal and it doubles the time while watching videos.
The Zune Video Player is very easy to use. Theres no manual because you don't need one. The quality of the sound is great, Another awesome feature is that you can get desktop marketplace and software, allowing you to access the marketplace through your desktop.
A few key features that are better than the iPod are that the Zune Video Player display is 3" compared to the iPod which is 2.5'. This product also holds up longer, it can take a few more drops than the iPod. A really unique option is being able to change your background to whatever photo you want. The last few are that the Zune has Wi-Fi, an FM Radio, and the Marketplace costs $15 per month compared to the iPod at .99 per song. Although the iTunes marketplace does have 1.5 million more songs than the Zune marketplace has, the fact that you have to pay $100 just to get 100 songs in comparison to $14.99 for as many songs as you want is huge. That's a lot of money saving there.
Overall, this MP3 Player is an excellent product that has many qualities that surpass the iPod. But due to poor marketing, the Zune will never be as popular as the iPod.
About the Author:
Kevin Bailey is an mp3 player enthusiast.
He loves to share his knowledge of his products.
Find more about these products at Zune MP3 Player and Zune Video Player.
Article Source: http://www.articlesbase.com/electronics-articles/why-the-ipod-will-always-lead-the-race-485438.html
Technology News:What is All the Fuss over the Marine GPS?
A Marine GPS has become one of the most crucial things to have on your boat before you set out for a trip on the open waters. Years ago, the only thing that people...
Written by iPod News admin on July 21st, 2008 with no comments.
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