Joy Story 2 (10/26/99)
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There's no question that Steve Jobs has worked some real magic with Apple. Only about two years ago the company's stock price was in the gutter (assuming you can find twelve dollars in the gutter), Apple's idea of a home computer was the (shudder) Performa series, and following the loss of a billion dollars in a year, many people thought the term "beleaguered" was a compliment. "Three seconds from a horrible imploding death" might have been a more accurate description. Now, though, even despite supply problems that seem to plague Apple no matter how well things are going, the company's got a butt-kicking product line, a stock price hovering near its all-time high, a solid reputation with the press, a slew of commercials in heavy rotation, and market share on the rise. And while all that obviously isn't due to the work of just one man, we doubt anyone will deny that Apple's comeback couldn't have happened without him.
The only problem is, Steve doesn't just run Apple-- he's got another company too. For those of you who may have forgotten, Steve's little movie house is called Pixar, and it's cranked out a couple of modest successes called Toy Story and A Bug's Life. And, possibly due in part to Steve spending so much time over at Apple, there are some who point to Pixar's recent performance and are toying with the "beleaguered" tag, too. Pixar has had a tough time in recent quarters; last July they announced that video sales of A Bug's Life were much slower than expected, and we seem to recall some lower-than-expected earnings reports in there somewhere, as well.
But fear not! The mere presence of The Steve appears to be righting wrongs and restoring the balance of goodness. Pixar's just announced their third quarter's financial results, and the sun is shining and the birds are singing: Pixar pulled in $79.2 million, up from just $2.5 million in the same quarter a year ago. In terms of sheer profit, Pixar made $32.3 million, or 63 cents a share-- which, according to a CBS MarketWatch report, pretty much blew away the analysts' prediction of 29 cents a share. Chalk up another win for Steve's Mighty Street-Beating Ray. And with Toy Story 2 just around the corner, there's every indication that Pixar will be riding high for some time to come. Which means Steve can concentrate all of his powers of goodness on fixing Apple's availability problems. We hope.
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| | The above scene was taken from the 10/26/99 episode: October 26, 1999: Apple's mostly back on its feet-- and now Pixar's bouncing back, too; is it the Magical Force of Steve at work? Meanwhile, Apple's PR agency is seeking a "conservative businessman" type to show off his iBook in the pages of Business Week magazine, and Motorola isn't the only chipmaker with "errata" in its processors...
Other scenes from that episode: 1870: Think Corporate? (10/26/99) Nobody's going to argue with us if we say the iBook looks "different." But we know there are a few naysayers who might take issue with us saying the iBook looks "cool." And if we were to call the iBook's design "manly," fights would start breaking out, and if we were to go completely over the line and call the iBook's distinctive look "professional," well, all hell would break loose... 1871: Latin Sounds Cooler (10/26/99) Great artists steal, and so do computer makers. The whole high-tech industry is basically one huge copy-fest, when you get right down to it. Sure, Microsoft stole the whole GUI/folders/trash can thing from Apple, but you can't say you haven't noticed Windowsisms in the more recent versions of the Mac OS...
Or view the entire episode as originally broadcast... | | |
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