Apple 2Q 2008 Results, 3Q Preview
Tomorrow Apple will announce its financial results for the second fiscal quarter of 2008, spanning January through March, and give its guidance on what it expects in the third fiscal quarter. What should we expect? Let's recap what has happened this past quarter vs. last year.
2Q 2007 Highlights
Current 3Q 2008 News/Rumors
2Q 2007 Highlights
- $5.26 billion revenue, $770 Million Profit ($.87 per diluted share)
- AppleTV formally announced, shipped
- iPhone Announced (no income from iPhone until late 3Q 2007)
- Multi-Colored iPod Shuffle Released
- Quiet update to Xserve RAID (capacity update)
- Apple's Guidance: $6.8 billion revenue, $.94 per diluted share profit
- Street Expectations: $6.9 billion revenue, $1.07 profit per share
- AppleTV Take 2 + Movie Rentals
- MacBook Air Introduction
- Aperture 2 Released
- Xserve RAID Discontinued
- XSan 2
- iPod Shuffle capacity bumps
- iTunes climbs sales ranks (#2, #1 just after close of quarter)
- Penryn based MacBooks
- Penryn based MacBook Pros with Multitouch trackpad
Current 3Q 2008 News/Rumors
- Final Cut Server shipped
- iPhone/iPod Touch Software 2.0 (June)
- Rumor: iMac, Mac Mini Penryn Updates
- Rumor: 3G iPhone in June
- Rumor: MacBook, MacBook Pro Design Changes with Montevina (June)
- $5.41 billion revenue, $818 million profit ($.92 per diluted share)
- iTunes Plus announced
- 8-Core Mac Pro option
- Cinema Display Price Cuts
- Leopard Delayed Until October
- Final Cut Studio 2 released
- WWDC previews Leopard, Safari for Windows announced
- SEC Options Backdating investigation
- Apple Joins S&P 100
- iPhone goes on sale
Top Rated Comments
(View all)50 months ago
Expectations are high, let's see how they forecast and if any tidbits about iPhone plans come out.
50 months ago
More info:
3Q 2007 Highlights[LIST][*]$5.41 billion revenue, $818 million profit ($.92 per diluted share)[*]iTunes Plus announced[*]8-Core Mac Pro option[*]Cinema Display Price Cuts[*]Leopard Delayed Until October[*]Final Cut Studio 2 released[*]WWDC previews Leopard, Safari for Windows announced[*]SEC Options Backdating investigation[*]Apple Joins S&P 100[*]iPhone goes on sale[/LIST]
3Q 2007 Highlights[LIST][*]$5.41 billion revenue, $818 million profit ($.92 per diluted share)[*]iTunes Plus announced[*]8-Core Mac Pro option[*]Cinema Display Price Cuts[*]Leopard Delayed Until October[*]Final Cut Studio 2 released[*]WWDC previews Leopard, Safari for Windows announced[*]SEC Options Backdating investigation[*]Apple Joins S&P 100[*]iPhone goes on sale[/LIST]
50 months ago
I'm just hoping that the market responds positively after the sell off today. Had an opportunity to pick up a few more shares and am hopeful that Apple doesn't make me look like a moron as a result.
50 months ago
I think shareholders have nothing to worry about. If even half of the rumors about the 3G iPhone are true, their stock should shoot up as a result.
50 months ago
Today's drop owed to market doldrums and analyst downgrade (to neutral from buy)...
this on top several upgrades from past days...
The experts are torn- I think it best to pull a Harry Truman and go to sleep at 4PM! Pump in the CNBC love at the gym tomorrow at 6am, and take out residual stress/euphoria on the weights
this on top several upgrades from past days...
The experts are torn- I think it best to pull a Harry Truman and go to sleep at 4PM! Pump in the CNBC love at the gym tomorrow at 6am, and take out residual stress/euphoria on the weights
50 months ago
How come the release of Time Capsule is not on that 2008 highlights list?
Good point.
50 months ago
Are the Macbook/ MBP updates expected for Q3, or rumored?
Also, what is the deal with Apple Insider's tablet mac they're so sure about? When will we see that?
Also, what is the deal with Apple Insider's tablet mac they're so sure about? When will we see that?
50 months ago
Are the Macbook/ MBP updates expected for Q3, or rumored?
Also, what is the deal with Apple Insider's tablet mac they're so sure about? When will we see that?
Apple doesn't say when it will release updates to machines; the MacRumors Buyer's guide doesn't predict anything in Q3.
You will definitely, without a doubt, see the tablet mac on July 4th. Seriously, no one knows - it's been speculated for years so I wouldn't count on anything. The overall market doesn't really *need* a tablet mac, although a lot of us fanboys would get one anyway.
50 months ago
I thought the new iMacs were due "in a few weeks" for the last couple of months. Now its Q3?
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