Apple Reports Second Quarter Profit of $233 Million
TweetFollow Us on Twitter

Apple Reports Second Quarter Profit of $233 Million

Apple Reports Second Quarter Profit of $233 Million

Revenues up 27 percent; Profits up 72 percent

Consolidated Statements

CUPERTINO, California-April 19, 2000-Apple today announced financial
results for its fiscal 2000 second quarter ending April 1, 2000. For the
quarter, the Company posted a net profit of $233 million, or $1.28 per
diluted share. These results compare to a net profit of $135 million, or
$.84 per diluted share, achieved in the year-ago quarter. Revenues for the
quarter were $1.94 billion, up 27 percent from the year-ago quarter, and
gross margins were 28.2 percent, up from 26.3 percent in the year-ago
quarter. International sales accounted for 51 percent of the quarter's

The quarter's results included a $73 million after-tax gain from the sale
of 1.5 million shares of ARM Holdings plc., which contributed $.40 to
earnings per diluted share. Without non-recurring items, the Company's net
profit was $160 million, an increase of 72 percent from the year-ago
quarter and earnings per diluted share increased 47 percent from the
year-ago quarter. Sales of 1,043,000 units drove year-over-year unit growth
of 26 percent.

"We are thrilled with the quarter-especially the strong demand for our
PowerMac G4s and new PowerBooks," said Steve Jobs, Apple's CEO. "In
addition, Apple continued to strengthen its leadership in desktop movies
with iMovie for consumers and Final Cut Pro for professionals."

"Strong demand for our professional products combined with superb
operational efficiency resulted in very strong earnings," said Fred
Anderson, Apple's CFO. "Apple finished the quarter with $3.6 billion in
cash and short-term investments."

Apple also announced today that its Board of Directors has approved a
two-for-one split of its common stock. Subject to shareholders approving an
increase in authorized shares at Apple's annual meeting tomorrow, each
shareholder of record at the close of business on May 19, 2000 will receive
one additional share for every outstanding share held on the record date,
and trading will begin on a split-adjusted basis on June 21, 2000.

Apple ignited the personal computer revolution in the 1970s with the Apple
II and reinvented the personal computer in the 1980s with the Macintosh.
Apple is committed to bringing the best personal computing experience to
students, educators, creative professionals and consumers around the world
through its innovative hardware, software and Internet offerings.

Except for the historical information contained herein, the statements in
this press release are forward-looking statements that involve risks and
uncertainties. Potential risks and uncertainties include, without
limitation, continued competitive pressures in the marketplace; the effect
competitive and economic factors and the Company's reaction to them may
have on consumer and business buying decisions with respect to the
Company's products; the ability of the Company to make timely delivery of
new products and successful technological innovations to the marketplace;
the continued availability of certain components and services essential to
the Company's business currently obtained by the Company from sole or
limited sources and the ability of the Company to successfully evolve its
operating system. More information on potential factors that could affect
the Company's financial results is included from time to time in the
Company's public reports filed with the SEC, including the Company's Form
10-K for the 1999 fiscal year, and the Company's Form 10-Q for the quarter
ended April 1, 2000, to be filed with the SEC.


Community Search:
MacTech Search:

Software Updates via MacUpdate

AirPort Utility 6.3.6 - Set up and manag...
Note: Most recent release available only within OS X 10.11 El Capitan update. Use AirPort Utility to set up and manage your Wi-Fi network and AirPort base stations, including AirPort Express, AirPort... Read more
Quicksilver 1.3.1 - Application launcher...
Quicksilver is a light, fast and free Mac application that gives you the power to control your Mac with keystrokes alone. Quicksilver allows you to find what you need quickly and easily, then act... Read more
Tidy Up (Five Users) 4.1.5 - Find duplic...
Tidy Up is a complete duplicate finder and disk-tidiness utility. With Tidy Up you can search for duplicate files and packages by the owner application, content, type, creator, extension, time... Read more
Mellel 3.4.3 - The word processor of cho...
Mellel is the leading word processor for OS X and has been widely considered the industry standard since its inception. Mellel focuses on writers and scholars for technical writing and multilingual... Read more
Skype - Voice-over-internet p...
Skype allows you to talk to friends, family and co-workers across the Internet without the inconvenience of long distance telephone charges. Using peer-to-peer data transmission technology, Skype... Read more
Bookends 12.6.0 - Reference management a...
Bookends is a full-featured bibliography/reference and information-management system for students and professionals. Access the power of Bookends directly from Mellel, Nisus Writer Pro, or MS Word (... Read more
Apple iBooks Author 2.4 - Create and pub...
Apple iBooks Author helps you create and publish amazing Multi-Touch books for iPad. Now anyone can create stunning iBooks textbooks, cookbooks, history books, picture books, and more for iPad. All... Read more
Web Snapper 3.3.9 - Capture entire Web p...
Web Snapper lets you capture Web pages exactly as they appear in your browser. You can send them to a file as images or vector-based, multi-page PDFs. It captures the whole Web page - eliminating the... Read more
Tunnelblick 3.6beta10 - GUI for OpenVPN...
Tunnelblick is a free, open source graphic user interface for OpenVPN on OS X. It provides easy control of OpenVPN client and/or server connections. It comes as a ready-to-use application with all... Read more
EtreCheck 2.5.1 - For troubleshooting yo...
EtreCheck is a simple little app to display the important details of your system configuration and allow you to copy that information to the Clipboard. It is meant to be used with Apple Support... Read more

Camel Up (Games)
Camel Up 1.0.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0.0 (iTunes) Description: | Read more »
The Martian: Bring Him Home (Games)
The Martian: Bring Him Home 1.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0 (iTunes) Description: Based on the best selling novel and critically acclaimed film, THE MARTIAN tells the story of Astronaut Mark... | Read more »
This Week at 148Apps: September 21-30, 2...
Leap Into Fall With 148Apps How do you know what apps are worth your time and money? Just look to the review team at 148Apps. We sort through the chaos and find the apps you're looking for. The ones we love become Editor’s Choice, standing out above... | Read more »
Tweetbot 4 for Twitter (Social Networki...
Tweetbot 4 for Twitter 4.0 Device: iOS Universal Category: Social Networking Price: $4.99, Version: 4.0 (iTunes) Description: *** 50% off for a limited time. *** | Read more »
Mori (Games)
Mori 1.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0 (iTunes) Description: Stop, rewind and unwind with Mori. Time is always running, take a moment to take control. Mori is an action puzzle game about infinitely... | Read more »
100 Years' War (Games)
100 Years' War 1.0 Device: iOS Universal Category: Games Price: $3.99, Version: 1.0 (iTunes) Description: | Read more »
Tower in the Sky (Games)
Tower in the Sky 0.0.60 Device: iOS Universal Category: Games Price: $1.99, Version: 0.0.60 (iTunes) Description: | Read more »
hocus. (Games)
hocus. 1.0.0 Device: iOS Universal Category: Games Price: $.99, Version: 1.0.0 (iTunes) Description: New, polished, mind-bending, minimal puzzle game with dozens of levels and extra-ordinary design Features:- Beautifully crafted... | Read more »
Mos Speedrun 2 (Games)
Mos Speedrun 2 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: Mos is back, in her biggest and most exciting adventure ever! Wall-jump to victory through 30 mysterious, action packed levels... | Read more »
3D Touch could be a game-changer, but it...
Were you one of the lucky/financially secure enough ones to buy a new iPhone 6s or iPhone 6s Plus over the weekend? Yup, me too (I’m not convinced I was either of those two things, but let’s go with lucky for now), so I thought I’d delve into just... | Read more »

Price Scanner via

Apple refurbished iPad Air 2s available for u...
Apple has Certified Refurbished iPad Air 2s available for up to $140 off the price of new models. Apple’s one-year warranty is included with each model, and shipping is free: - 128GB Wi-Fi iPad Air 2... Read more
Save up to $100 on Mac AppleCare Protection P...
Adorama has 3-Year AppleCare Warranties on sale for up to $100 off MSRP including free shipping plus NY & NJ sales tax only: - Mac Laptops 15″ and Above: $249 $100 off MSRP - Mac Laptops 13″ and... Read more
Updated Mac Price Trackers
We’ve updated our Mac Price Trackers with the latest information on prices, bundles, and availability on systems from Apple’s authorized internet/catalog resellers: - 15″ MacBook Pros - 13″ MacBook... Read more
12-inch MacBooks in stock for up to $120 off,...
Adorama has 12″ Retina MacBooks in stock for up to $120 off MSRP including free shipping plus NY & NJ sales tax only. For a limited time, Adorama will include a free Apple USB-C to USB Adapter,... Read more
15-inch 2.2GHz Retina MacBook Pro on sale for... has the 15″ 2.2GHz Retina MacBook Pro on sale for $1799 including free shipping. Their price is $200 off MSRP, and it’s the lowest price available for this model (except for Apple’s $1699... Read more
iPhone 6s and 6s Plus Feature Improved Durabi...
Upgraded components in the new iPhone 6s Plus cost $16 more than the components in the earlier iPhone 6 Plus according to a preliminary estimate from IHS Inc. The bill of materials (BOM) for an... Read more
13-inch Retina MacBook Pros on sale for up to...
Adorama has 13″ Retina MacBook Pros on sale for up to $130 off MSRP. Shipping is free, and Adorama charges sales tax for NY & NJ residents only: - 13″ 2.7GHz/128GB Retina MacBook Pro: $1199.99 $... Read more
Apple refurbished 2014 13-inch Retina MacBook...
Apple has Certified Refurbished 2014 13″ 2.6GHz/128GB SSD Retina MacBook Pros available $979, $320 off original MSRP. An Apple one-year warranty is included, and shipping is free: - 13″ 2.6GHz/128GB... Read more
iOS 9 Reflections Ten Days In – The ‘Book Mys...
I’ve never been much of an early adopter by philosophy or temperament, although I did buy the iPad Air 2 I’m typing this column on last fall only about a month after Apple unveiled it. However, my... Read more
Apple refurbished Time Capsules available for...
Apple has certified refurbished Time Capsules available for $120 off MSRP. Apple’s one-year warranty is included with each Time Capsule, and shipping is free: - 2TB Time Capsule: $179, $120 off - 3TB... Read more

Jobs Board

Senior Payments Security Manager - *Apple*...
**Job Summary** Apple , Inc. is looking for a highly motivated, innovative and hands-on senior payments security manager to join the Apple Pay security team. You will Read more
*Apple* Solutions Consultant - Retail Sales...
**Job Summary** As an Apple Solutions Consultant (ASC) you are the link between our customers and our products. Your role is to drive the Apple business in a retail Read more
*Apple* Site Security Manager - Apple (Unite...
**Job Summary** The Site Security Manager is a high-profile security position at Apple . The Site Manager is the face of Apple Global Security (GS) and primary point Read more
*Apple* Fulfillment Operations Execution Ana...
**Job Summary** The AMR Apple Fulfillment Operations Team is seeking a talented team player to drive the Apple Online Store (AOS) fulfillment performance to ensure a Read more
*Apple* Distinguished Educator (ADE) Communi...
**Job Summary** Apple is seeking candidates for a new position on the Apple Distinguished Educator (ADE) Program team as ADE Community Support Manager. Join a team Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.