Slashdot Mirror

← Back to Stories (view on slashdot.org)

Apple Reports Q1 Loss

Posted by pudge on from the and-yet-the-stock-price-went-up dept.

Amsterdam Vallon writes "Apple recently reported an $8 million loss, its second straight loss, compared with a $38 million profit a year ago. It seems that upbeat laptop sales weren't enough to get this company out of the Wall Street basement. Hopefully, with increasing Mac OS X and wireless-related sales, we'll see a nice increase come next quarter and after that, perhaps a jaunt toward profitability!" The back was apparently tipped into the red with one-time restructuring losses, else there would have been a modest profit; Apple expects stagnant revenues for the near future.

8 of 142 comments (clear)

  1. Damn, by Anonymous Coward · · Score: 4, Funny

    If only I had enough money to buy a PowerMac. Then Apple would only be down $7,997,000!

    Stupid College, no money...

  2. You've got this all wrong. by lynx_user_abroad · · Score: 3, Funny
    You're supposed to be surprised when Apple reports a profit two quarters in a row. Reporting a back-to-back loss is just another line in the standard "they'll be backrupt before Windows 3.0 even ships..." joke.

    --

    The thing about things we don't know is we often don't know we don't know them.

  3. Ellen ... by Anonymous Coward · · Score: 0, Funny

    ... must have really scared away some potential customers. hmmmm

  4. Re:More details.... by billcopc · · Score: 3, Funny

    Why didn't they just lead them to a secluded area and shoot them ? I thought these high-paid executives were there just to serve as scapegoats for when the going got tough.. :)

    It's not like most of them can even USE their own brains, much less a Mac.

    --
    -Billco, Fnarg.com
  5. Re:Question by cuyler · · Score: 3, Funny

    Slashdot Reader #0
    Slashdot Reader #1

    I love that. A sure sign this is a technical website. The first reader is reader number zero.

    Thanks for the chuckle.

  6. Deathmarch by bill_mcgonigle · · Score: 5, Funny

    Well, then, at their current burn rate, they'll be out of business in 137 years. I'd better get a PC soon.

    --
    My God, it's Full of Source!
    OUTSIDE_IP=$(dig +short my.ip @outsideip.net)
    1. Re:Deathmarch by Have+Blue · · Score: 2, Funny

      I'll wait and see, the G5 *might* be out by then.

  7. Re: Harley Davidson of the computing industry by PetWolverine · · Score: 2, Funny

    If Apple is the Harley Davidson of the computing industry, just call me a member of the computer world's Hell's Angels.

    --
    I found the meaning of life the other day, but I had write-only access.