Help, Guides, and News on making the Switch To Apple Macintosh Computers
October 2007 Archives
Since releasing Mac OS X Leopard on Friday October 26, Apple sold (or delivered, in the case of maintenance agreements) more than 2 million copies of Mac OS X Leopard during its first weekend on sale. Leopard's initial sales far outpaced the first weekend sales of Mac OS X Tiger, the prior version of Mac OS X.
Apple's MacBook and MacBook Pro portables are fast approaching their historical "days between revisions" averages. We are also approaching the 2007 holiday season so rest assured that Apple will release new models very soon. Many buyers have held out from purchasing a new MacBook or MacBook Pro for two key reasons. The first was to wait for for Mac OS X Leopard to be released; the second for systems with Leopard pre-installed. We expect new MacBooks to be released on November 6, 2007 followed by new MacBook Pros on November 13, 2007. We provide our analysis below.
Apple® today announced financial results for its fiscal 2007 fourth quarter ended September 29, 2007. The Company posted revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share. These results compare to revenue of $4.84 billion and net quarterly profit of $542 million, or $.62 per diluted share, in the year-ago quarter. Gross margin was 33.6 percent, up from 29.2 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter's revenue.
Apple Inc. will report fiscal fourth quarter (Q4) 2007 sales at the close of the US stock market. The earnings report will provide details for the company's performance during the months of July, August, and September 2007 but more importantly, will provide details for Apple's 2007 fiscal year. Analysts polled by Thomson Financial expect the Apple to report earnings of 85 cents per share on sales of $6.05 billion. In the year ago quarter, Apple recorded a profit of 62 cents a share on $4.84 billion in revenue.
Reports circulating around the web state that several solution providers indicate that Mac OS X Leopard pre-orders are outpacing those of Tiger, the prior update to Mac OS X. Leopard sales have been indicated to more than double that of Tiger's pre-orders in early 2005. The drivers could be more distributon outlets for Leopard but are more likely the result of new features and overall dissatisfaction with Microsoft Vista.
Finally - the sentiment from many switchers who have held back from purchasing a Mac waiting for Apple to officially announce the release date for Mac OS X Leopard. Now that Leopard is out of the cage (ok so I'm jumping ahead of myself - Leopard officially goes on sale October 26) the most powerful wave of Mac purchases is about to commence.
Apple Inc. CEO Steve Jobs has posted an open letter on Apple's Hot News page indicating that Apple will be releasing a 3rd party Software Development Kit (SDK) for iPhone and iPod Touch third party applications. The SDK is scheduled to be released in February 2008.
On October 16, 2007 Apple Inc. announced that the company's new operating system Mac OS X 10.5 (Leopard) will go on sale on Friday, October 26th at 6 p.m. at Apple retail stores and Apple Authorized Resellers. Apple's online store has is now accepting pre-orders.
I published a prediction last October outling my estimate for 2007 Macintosh sales for Apple's 2007 fiscal year. Specifically, the prediction was made on October 17, 2006 one day before Apple released fiscal 2006 Q4 (fourth quarter) earnings and Q4 Mac sales. The October 18, 2006 earnings release detailed the number of Macs sold during Apple's 2006 fourth quarter and it subsequently allowed analysts to calculate the total number of Macs sold during Apple's 2006 fiscal year.