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Apple reports $770 million profit

#1 User is offline   MW Forums Icon

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Posted 25 April 2007 - 12:40 PM

Apple on Wednesday reported a $770 million profit for the fiscal 2007 second quarter. The company shipped 1,517,000 Macs and 10,549,000 iPods during the quarter, representing 36 percent growth in Macs and 24 percent growth in iPods over the year-ago quarter. more
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#2 User is online   lantzn Icon

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Posted 25 April 2007 - 03:59 PM

Way to go Apple! Wow my first post ever.
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#3 User is offline   ddd1301 Icon

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Posted 25 April 2007 - 04:01 PM

Awesome!! The Apple Train just keeps rolling along.
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#4 User is offline   JoePeabody Icon

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Posted 25 April 2007 - 04:03 PM

Damn. The stock I bought at $15 pre-split is looking pretty good. /forums/ubbthreads/images/graemlins/smile.gif But why did my financial adviser make me sell half of it a year ago?? /forums/ubbthreads/images/graemlins/confused.gif
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#5 User is offline   MacTel Icon

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Posted 25 April 2007 - 04:15 PM

Looks like Vista had no affect on Apple.
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#6 User is offline   macwilf Icon

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Posted 25 April 2007 - 04:15 PM

Quote:

Damn. The stock I bought at $15 pre-split is looking pretty good. /forums/ubbthreads/images/graemlins/smile.gif But why did my financial adviser make me sell half of it a year ago?? /forums/ubbthreads/images/graemlins/confused.gif


Maybe he reads Rob Enderle? /forums/ubbthreads/images/graemlins/grin.gif
Seems like you'd better fire that adviser /forums/ubbthreads/images/graemlins/wink.gif
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#7 User is offline   derekm Icon

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Posted 25 April 2007 - 04:33 PM

I'm still kicking myself for that sale at the equivalent of $36 (Nov 05?). Sure, I made a killing, but I wish I could have sold for 2.5x as much. No adviser to blame for that one but myself. Ah... those were the days of huge stock drops on just a hint of bad news. Now, not even major news like the stock option scandal can have much of an effect on the new Wall Street darling.
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#8 User is offline   TheBum Icon

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Posted 25 April 2007 - 04:37 PM

[indent]Quote:

Damn. The stock I bought at $15 pre-split is looking pretty good. But why did my financial adviser make me sell half of it a year ago??

[/indent]
I didn't buy mine until it was around $67 per share. I went into it as a disposable investment, so I'm just enjoying the ride. I just wish I had followed my instincts and bought it when it was in the teens.
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#9 User is offline   brycesteiner Icon

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Posted 25 April 2007 - 05:07 PM

[indent]Quote:

Looks like Vista had no affect on Apple.

[/indent]
What do you mean? It had a big affect! Apple increased it's market share by quite a bit!
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#10 User is offline   margadagio Icon

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Posted 25 April 2007 - 06:07 PM

[indent]Quote:

[indent]Quote:

Looks like Vista had no affect on Apple.

[/indent]
What do you mean? It had a big affect! Apple increased it's market share by quite a bit!

[/indent]
It's the halo effect.
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#11 User is offline   Ponceno Icon

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Posted 25 April 2007 - 06:46 PM

[indent]Quote:

[indent]Quote:

[indent]Quote:

Looks like Vista had no affect on Apple.

[/indent]
What do you mean? It had a big affect! Apple increased it's market share by quite a bit!

[/indent]
It's the halo effect.

[/indent]
The interesting think is that the Mac grown was bigger than the iPod one.
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#12 User is offline   Burndog Icon

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Posted 25 April 2007 - 06:57 PM

Hopefully we will see a "split" soon which will drive the relative value even higher we more people buy in.
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#13 User is offline   sndcj1 Icon

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Posted 25 April 2007 - 07:50 PM

Well, its up to $102.50 in after hours trading now. Weird new trend from apple stock. It use to go way up prior to earnings releases, then plumet 5%-8% after reporting. Lately it has been going up prior, but staying up, even gaining after announcement.
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#14 User is offline   switchtoamac Icon

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Posted 25 April 2007 - 08:38 PM

Nice quarter
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