Year: 2005

Apple posts highest quarterly revenue, net income ever

Posted by | Jan 13, 2005 | |

Apple on Wednesday reported its best quarterly financial results in the company’s history. Apple posted a net profit of US$295 million, or 70 cents a share, for its fiscal 2005 first quarter ended December 25, 2004. These results compare to a net profit of $63 million, or 17 cents per share, in the year-ago quarter. Revenue for the quarter was $3.49 billion, up 74 percent from last year. Analysts surveyed by Thomson First Call had expected Apple to earn 49 cents a share on $3.18 billion in revenue.

Read More

Merrill Lynch: Apple building consumer electronics franchise

Posted by | Jan 12, 2005 | |

In a research note to clients on Wednesday, Merrill Lynch analyst Steven Milunovich weighed in on Apple’s new Mac mini and iPod shuffle, saying that Apple is quickly becoming a consumer electronics king. “Apple continues to show strategic flexibility with its lowest priced Mac ever and an iPod at US$99 with more capacity than we expected. We continue to think Apple is building a sustainable consumer electronics franchise rather than just lucky with hot products,” Milunovich wrote.

Read More

Freeverse releases ToySight expansion pack

Posted by | Jan 12, 2005 | |

Freeverse and Strange Flavour today announced the release of the ToySight Gold Expansion Pack, an add on to the award-winning original ToySight. This expansion release features three new games including a demo release of the 3D dogfighting game FlySight. Also included are the games AirHeads and Mars Lander, and the ability to switch from NTSC to PAL output. Pricing for ToySight Gold is set at US$9.95.

Read More

Analysts chime in on Mac mini

Posted by | Jan 12, 2005 | |

Analysts are beginning to speak out on Apple’s newly introduced Mac mini. “Apple has hit a real nerve,” says independent analyst Tim Bajarin of Creative Strategies. “For the first time, people are going to have to seriously consider switching.” Gene Munster, an analyst at securities firm Piper Jaffray, said Apple’s move takes away the “big negative” customers have had about Apple: its higher prices. The Mac Mini “will have a dramatic effect on computer sales,” he says.

Read More

Powerlogix announces two new G4 upgrade lines

Posted by | Jan 12, 2005 | |

PowerLogix has announced two new CPU cards for Power Mac G4s. The first CPU card, the PowerForce G4 ’47, features a 7447A G4 processor running at speeds of up to 1.7 GHz. The second CPU, the PowerForce G4 ’57, features a PowerPC 7457 G4 running at a bus speed of 100MHz and includes 2Mb of L3 cache per CPU. Both cards feature an Independent Power Supply Circuit and VRM Bypass Circuitry (useful for G4 Cube owners). The PowerForce G4 ’47 also features Universal Design, Automatic Clock Speed, and Real Time Temperature Monitoring.

Read More