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Pixar reports Q2 results; Jobs ‘doing great’

Pixar, the animation studio headed by Apple CEO Steve Jobs, has announced a second quarter profit of US$37.4 million, or 63 cents per share, thanks to the continuing success of “Finding Nemo” on home video. These results compare to earnings of $19.5 million, or 34 cents a share, in the year-ago quarter. Revenues for the quarter were $66.3 million, as compared to $48.9 million last year. Analysts surveyed by Thomson First Call expected the company to report earnings of 37 cents a share. “Our performance this quarter highlights the ongoing success of ‘Finding Nemo’ and the longevity of all of our films,” Jobs said in a statement. “Next up: ‘The Incredibles,’ which we’ve now completed and are gearing up for its November 5th release. Prepare to be blown away.”

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