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Gotta Wear Shades (2/22/00)
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Sounds like someone at Apple's been flapping gums with the analysts again. Don't worry, though; the news is all good this time around. Apple's still on a hot streak, and the unnamed source representing the company evidently couldn't help but do a little financial verbal strutting. Hey, as far as we're concerned, if you got it, flaunt it.
According to a Bloomberg article, analyst Steve Fortuna of Merrill Lynch & Co. was the lucky guy on the receiving end of Apple's boastathon. In response to Fortuna's forecast of 35 to 37% unit growth for Apple this fiscal year, Apple sounded a hearty "Ha!" and rejoined with a beefier estimate of 40% instead. And as for revenue, well, Apple thinks Fortuna's undisclosed estimate was a little skimpy, there, too-- the company expects to see 36% growth in revenue for the fiscal year ending September 30th. These numbers are Mighty; all shall bow before them. (Well, okay, maybe not, but at least the news seemed to give Apple's stock price a little boost; AAPL closed up 2 9/16.)
But back to those unit shipments for a second. One of the interesting bits in Fortuna's analysis is that this Apple source reportedly alluded to an expansion of the product line to include "more appliance-like devices." Sounds like at least some of those massively-increased unit shipments are going to consist of-- dare we say it?-- Apple-Palm devices. Oh sure, you scoff, and who could blame you? What with the Apple-branded Palm rumors catching up to the Disney buyout rumors in the longevity race, we feel a little silly ourselves. "But this time, for sure!"
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And Now For A Word From Our Sponsors |
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 | | The above scene was taken from the 2/22/00 episode: February 22, 2000: Got an iBook? Then back away slowly, shield your eyes and face, and call the bomb squad. Meanwhile, Apple brags to an analyst about some fantastic growth in fiscal 2000, and "Redmond Justice" wraps up its final courtroom arguments with a last-ditch copyright defense and the judge's ominous reference to Rockefeller...
Other scenes from that episode: 2110: The Lurking Horror (2/22/00) Far be it from us, your friendly neighborhood AtAT staff, to be needlessly alarmist, but if you're one of the lucky souls who has an iBook, YOUR HARD DRIVE IS GOING TO EXPLODE AT ANY MINUTE!! Worse yet, when it does, it's going to propel shards of jagged glass, radioactive material, and tuna fish contaminated with the anthrax bacterium all over everything within a twenty-foot radius... 2112: And Now We Just Wait (2/22/00) So there it goes: the final courtroom arguments in the "Redmond Justice" trial. Wave bye-bye, because it's all downhill from here. TechWeb has a nice summary of the day's proceedings, including the statements made where the real drama takes place-- on the courthouse steps...
Or view the entire episode as originally broadcast... | |  |
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