Slashdot Mirror
Apple Reports Q1 Loss
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.
Their worldwide marketshare is now 1.93%. According to IDC, 38.4 million PCs were shipped last quarter, up 4% from the year ago period. Apple shipped 743,000 Macs which is down 2% from the year ago period. This follows a steady trend in declining marketshare over the past 5 years.
fyi, here's the Original Press release from apple and the Quicktime broadcast of the conference call in which the statements are announced.
one should note also that the only reason apple posted a loss was that it had to pay a one-time restructuring fee. without that, it would have actually posted an $11M profit, which would be a drop (from $38M last Q1), but a far less dramatic one than the loss they indicated.
Recursion (n): See recursion
Mr. Anderson noted that the retail stores generated $23 million in manufacturing profit. "[They're] already beginning to pay off," Anderson said, responding to naysayers.
Source: http://www.macnn.com/feature.php?id=373
And the men who hold high places must be the ones who start
To mold a new reality... closer to the heart