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iPhone 3G drives solid returns for Apple

Related Content “We have the strongest product lineup in Apple s history, the most talented employees and the best customers. And $25 billion in the bank,” said Steve Jobs, Apple’s CEO. “We may get buffeted around by the waves a little bit, but we will be fine and stronger than ever when the waters calm in the future.” Indeed, Jobs hinted at Apple being able to make acquisitions or increase R D investments during the downturn, because of its strong cash position.

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Apple Is Good Enough

As we state every quarter with Apple ( AAPL ), you never know how the masses will react to the traditional smash the numbers and then lowball guidance by a large amount . This time they lowballed guidance even more than usual, but with the absolute hammering in the stock, the tribe seems to have had enough red meat. After pummeling the stock all day, we saw some rebound in afterhours but only to levels Apple enjoyed coming into the day. But it’s not a 30% down moment, at least.

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iPhone Sales Keep Apple on Top…

Apple’s Q4 fiscal earnings totaled $1.14 billion ($1.26 per share) on revenue of $7.9 billion. The company beat Wall Street expectations of $1.11 per share on $8.05 billion in revenue. Notably, it sold 6.9 million iPhones, outpacing its goal of 10 million sold for ‘08. (When the iPhone 3G debuted last summer, three million units were sold in the first month.) iPhone now comprises 39 percent of total business.

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Under: News , Phone Debates Date: October 22nd, 2008 I had a read of a an article posted by one of my colleagues here at Phones Review, on just how well the Apple iPhone is doing financially, see ( here ) Well, I’m not a figures man myself but I can recognise when a product such as the Apple iPhone 3G is doing well, and those sales figures do speak for themselves.

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Caramel Apple Cheesecake

Caramel Apple Cheesecake Recipe Courtesy of Paula Deen Ingredients ‘ў 1 (21-ounce) can apple pie filling ‘ў 1 (9-inch) graham cracker crust ‘ў 2 (8-ounce) packages cream cheese , at room temperature ‘ў 1/2 cup sugar ‘ў 1/4 teaspoon vanilla extract ‘ў 2 eggs ‘ў 1/4 cup caramel topping ‘ў 12 pecan halves, plus 2 tablespoons chopped pecans Directions Preheat the oven to 350 degrees F. Reserve 3/4 cup of the apple filling; set aside. Spoon the remaining filling into the crust.

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DesignLatest News | NewsletterCommunications iPhone rings results for Apple, but Jobs warns of uncertain future by Paul Kunert, MicroScope Wednesday 22 October 2008 Despite defying gloomy market conditions to post healthy fiscal fourth quarter results Apple cut forecasts for the remainder of the year, joining a growing band of industry giants to sound a cautionary note on the short term outlook for sales.

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Editor’s Picks Economic downturn creates rough ride for IT on spendingReview: Apple’s new ‘unibody’ MacBook Pro has both beauty and brainsJobs: The iPhone is Apple’s netbookG1 phone buyers like the ‘open’ Android softwareNext president will need to make cybersecurity a priority, experts sayOnline user reviews: Can they be trusted?XenServer FREE trial Citrix XenServer is the simplest and most effective way to virtualize and provision servers.

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We’re Not an Apple Netbook

Just a little follow-up here on the Olo Computer , the supposed iPhone-based Netbook that was ‘announced’ two weeks ago. We got an email from Giacomo Bersano, the head of Active Innovation Management, confirming that the Olo is a concept, not a product. “We are not PC technologists, and we are looking for some technological partner to go further on the Olo concept,” Bersano writes.

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Apple TV still a hobby

5 There s a ton that could be done and is being done in this space that doesn t require studios or additional content. How about sharing content recommendations with friends like Boxee or streaming my own content from ATV like a Slingbox. Or how about producing some speakers and amplifiers and building out a Sonos-type solution with ATV as the centerpiece.

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Apple Q4 Earnings Call Transcript

Peter Oppenheimer – Chief Financial Officer Thank you, Nancy. Thank you for joining us. We are very pleased to report our September quarter results, which were record-breaking on a number of fronts. First, we sold more Macs than we have in any other quarter in Apple’’s history. Second, we sold more iPhones in the September quarter than in all previous quarters combined.

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