Apple ist angesagt!!! - 500 Beiträge pro Seite

[Kephas]

Hallo zusammen,
irgendwie steigt der Kurs der Appleaktie und keiner nimmt es
richtig war.
Grund für diesen Anstieg (denke ich):

1.die Bodenbildung die Apple bei ca. 17-18 Euro erreichte,war das Ende
des Abwärtstrendes,in diesem Kurs waren alle negativen Meldungen und
Schlagzeilen enthalten!!
2.dann gibt es eine erste Kaufempfehlung für Apple und die anderen
Empfehlungen werden folgen

Der momentane Kurs von ca. 22 Euro ist ein Witz,wenn man sich die Umsatz-
zahlen dieses Unternehmens anschaut.
Die Zocker sind hier schon lange aus diesem Wert ausgestiegen und es bleibt
übrig ein Wert der sowie auf längeren und kürzeren Perspektive ein gute Anlage
für unser Depot zu werden!!
Ich weiss,dass meine Überzeugungskraft nicht ausreicht,doch schaut euch diesen
Wert nur näher an und ihr werdet meine Meinung teilen!!
Ciao
Kephas

[rpg]

bin schon in apple-leider zu 33
damals als apple 50% verlor
dachte es geht nimmer runter-naja-jetzt ist es ein langfrist-investment
nur:
bin selber apple-user-und überzeugt-gebe sie nicht her-zumindest nicht unter 70
grüsse

[studied]

naja die 33 werden wir wohl bald erreichen.
Das Unternehmen hat grosses Potenzial. Mac OS X wird bald auf dem Markt erscheinen, was neben den neuen vorgestellten Produkten, den umsatz weiter ankurbeln wird.
Apple ist immer noch sehr günstig bewertet.

[Shearer]

Apple ist meine einzige Aktie mit der ich nie Grüne gesehen habe... aber sie kommen wieder gewaltig... meine 26 € erwarte ich bald wieder zu sehen...
ich denke auch das Apple einfach zu stark nach unten gerausch ist und deher nun extrem günstig erscheint, so daß es viele ausnutzen... ähnlich bei AMD...

Bye SHEARER

[Kephas]

Hallo zusammen,
habe hier eine kleine Info,ist zwar ein bisschen alt,
aber interresant ist sie immer noch!!
(quelle:aktiencheck.de)
02.02.2001
Apple verspricht Gewinne
Financial Times Deutschland


Gemäß den Experten der „Financial Times Deutschland“ bleibt der
Computerhersteller Apple (WKN 865985) bei seiner Vorhersage, nach herben
Verlusten im vergangenen Quartal bereits in der laufenden Periode wieder
Gewinne zu erwirtschaften.

Wie Finanzchef Fred Anderson während eines Treffens mit Analysten am
Firmensitz in Kalifornien bekräftigt habe, werde der angeschlagene Konzern
dabei ohne Entlassungen auskommen.

Apple habe nach der Rückkehr des Mitbegründers Steve Jobs vor drei Jahren
durchgehend Geld verdient, bevor der Umsatz in den letzten drei Monaten des
vergangenen Jahres um 57 Prozent eingebrochen sei. Der Verlust habe bei 247
Mio. $ gelegen, die bunten Rechner seien trotz ihres schicken Designs plötzlich
wie Blei in den Regalen geblieben.

Steve Jobs gebe allein dem Konjunkturabschwung in den USA Schuld an der
Apple-Krise. Intern werde es darum auch keine strukturellen Veränderungen
geben. Anderson sehe Sparpotential lediglich bei Haushaltsposten wie dem
Reise-Etat. Die Ausgaben für Forschung und Entwicklung, die Jobs auf fünf
Prozent des Umsatzes gedrückt habe, sollten sogar wieder leicht ansteigen.

Jobs habe angekündigt, dass die zum Monatsanfang vorgestellten Laufwerke, mit
denen sich Text-, Musik- und Filmdateien im DVD-Format speichern und brennen
lassen würden, schon im kommenden Jahr auch in billigere Computer für den
Verbrauchermarkt eingebaut würden. Mit solchen neuen Funktionen wolle Apple
den PC noch einmal aufwerten und zum Zentrum eines digitalen Lebensstils
machen. Neben Preissenkungen wolle Apple den Absatz auch durch größere
Präsenz auf dem europäischen und asiatischen Markt ankurbeln, wo man noch
mehr an Erstkunden verkaufen könne.

Kimberly Alexy von Prudential Securities habe nach der Analystenkonferenz
ihren Zielpreis für die Aktie von 21 $ auf 26 $ erhöht. Sie glaube an baldige
Apple-Gewinne. Andrew Neff habe aus dem Treffen die umgekehrte Konsequenz
gezogen.

[rpg]

tja-weiss nicht,.....aber IRGENDWANN sehen wir wieder die 70 dollar
kann dauern,aber irgendwann
am NM weiss man ja nie,wie es weitergeht-irgendwann erwischt es dort jede aktie
trotz der miese bisher:
bin doch froh,apple zu haben
ausserdem überzeugter user
mein g4 ist state of the art und besser als alle pc´s
meine imacs sind überdurchschnittlich gut und cool
aber:
handhelds,also ipads, wären glaube ich super!
grüsse

[rpg]

ach ja-bevor ich es vergesse:
etwas ist doch mies-der verkauf-zumindest bei uns in österreich
die händler handeln wie ein monopolbetrieb-es gibt ja fast keine!
service ein witz:
beispiel:
hatte im jahr 2000 bei apple-händler insgesamt 200 000 öS ausgegeben-umgerechnet ca 28500DM
bedient bin ich wie der letzte dreck worden
da wurden mir zb laserdrucker verkauft, die nicht mehr am markt waren,wurden mir gebrauchte(!) imacs verkauft! usw.,....
da helfen die prozente auch nicht die man bekommt
in zukunft bestelle ich apple-produkte nur mehr übers net
grüsse

[EuroKoch]

Hallo Leute ,
ich bin ein überzeugter Apple fan , die neuen Produkte
sind einfach super und deswegen kauf ich mir die Aktie !
Langfristig fährt man mit Apple wahrscheinlich zugal große
Gewinne ein , also kaufen , kaufen , ...
Harry

[studied]

Hat schon jemand Apples Fernseh- und Kinopräzens analysiert?

Oft kann ich in den Nachrichten die Apple-Computer bewundern......

[Kephas]

Hallo zusammen,
kann mir vielleicht einen guten Optionsschein für unsere
geliebte Appleaktie nennen, natürlich für steigende Kurse!!!

Kephas

[tarex]

Hi mac`s

Habt ihr das schon gelesen ?
Teil 1 .
Bei Bigcharts.com

About
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Article for Apple Computer, Inc.  (NASDAQ NM:AAPL)
5:28 PM  
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Management`s Discussions: 10-Q, APPLE COMPUTER INC 1 of 2

      
 MONDAY, FEBRUARY 12, 2001 5:28 PM
 - Edgar Online
(Edgar Online via COMTEX)
Company Name: APPLE COMPUTER INC
(SYMBOL:AAPL)
MANAGEMENT`S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
THIS SECTION AND OTHER PARTS OF THIS FORM 10-Q CONTAIN FORWARD-LOOKING
STATEMENTS THAT INVOLVE RISKS AND UNCERTAINTIES. THE COMPANY`S ACTUAL RESULTS
MAY DIFFER SIGNIFICANTLY FROM THE RESULTS DISCUSSED IN THE FORWARD-LOOKING
STATEMENTS. FACTORS THAT MIGHT CAUSE SUCH DIFFERENCES INCLUDE, BUT ARE NOT
LIMITED TO, THOSE DISCUSSED IN THE SUBSECTION ENTITLED "FACTORS THAT MAY AFFECT
FUTURE RESULTS AND FINANCIAL CONDITION" BELOW. THE FOLLOWING DISCUSSION SHOULD
BE READ IN CONJUNCTION WITH THE 2000 FORM 10-K AND THE CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS AND NOTES THERETO INCLUDED ELSEWHERE IN THIS FORM 10-Q. ALL
INFORMATION IS BASED ON THE COMPANY`S FISCAL CALENDAR.
RESULTS OF OPERATIONS
Tabular information (dollars in millions, except per share amounts):
-------------------------------------- --------------------------------------
FIRST FIRST
FIRST FOURTH
QUARTER QUARTER
CHANGE QUARTER QUARTER CHANGE
2001 2000
2001 2000
-------------------------------------- --------------------------------------
Net sales $ 1,007 $ 2,343
(57)% $ 1,007 $ 1,870 (46)%
Macintosh CPU unit sales
(in thousands) 659 1,377
(52)% 659 1,122 (41)%
Gross margin $ (21) $ 607
(103)% $ (21) $ 467 (104)%
Percentage of net sales (2.1)% 25.9%
(2.1)% 25.0%
Research and development $ 102 $ 90
13% $ 102 $ 101 1%
Percentage of net sales 10% 4%
10% 5%
Selling, general and
administrative $ 297 $ 319
(7)% $ 297 $ 282 5%
Percentage of net sales 29% 14%
29% 15%
Special Charges $ -- $ 98
NM $ -- $ -- NM
Gains from sales of investments $ 71 $ 134
(47)% $ 71 $ 83 (14)%
Unrealized loss on convertible
securities $ (13) $ --
NM $ (13) $ -- NM
Interest and other income, net $ 67 $ 40
68% $ 67 $ 62 8%
Provision (benefit) for income
taxes $ (88) $ 91
(197)% $ (88) $ 59 (249)%
Effective tax rate 30% 33%
30% 26%
Net income (loss) before
accounting change $ (207) $ 183
(213)% $ (207) $ 170 (222)%
Effect of accounting change, net $ 12 $ --
NM $ 12 $ -- NM
Net income (loss) $ (195) $ 183
(207)% $ (195) $ 170 (215)%
Basic earnings (loss) per share
before accounting change $ (0.61) $ --
NM $ (0.61) $ -- NM
Diluted earnings (loss) per share
before accounting change $ (0.61) $ --
NM $ (0.61) $ -- NM
Basic earnings (loss) per share $ (0.58) $ 0.57
(202)% $ (0.58) $ 0.52 (212)%
Diluted earnings (loss) per share $ (0.58) $ 0.51
(214)% $ (0.58) $ 0.47 (223)%
NM: Not Meaningful
NET SALES
Net sales for geographic operating segments and Macintosh unit sales by
geographic segment and by product follow (net sales in millions and Macintosh
unit sales in thousands):
Three Months Ended
Yr-to-Yr Three Months Ended Sequential
-------------------
-------------------
12/30/00 1/1/00
Change 12/30/00 9/30/00 Change
-------- ------
------ -------- ------- ------
Americas net sales $ 513 $1,189
(57)% $ 513 $1,099 (53)%
Europe net sales $ 326 $ 626
(48)% $ 326 $ 369 (12)%
Japan net sales $ 84 $ 412
(80)% $ 84 $ 281 (70)%
Asia Pacific net sales $ 50 $ 77
(35)% $ 50 $ 86 (42)%
Americas Macintosh unit sales 329 708
(54)% 329 688 (52)%
Europe Macintosh unit sales 230 389
(41)% 230 224 3%
Japan Macintosh unit sales 61 235
(74)% 61 156 (61)%
Asia Pacific Macintosh unit sales 39 45
(13)% 39 54 (28)%
-------- ------
-------- -------
Total Macintosh unit sales 659 1,377
(52)% 659 1,122 (41)%
======== ======
======== =======Power Macintosh unit sales 173 355 (51)% 173 269 (36)%
PowerBook unit sales 49 84
(42)% 49 86 (43)%
G4 Cube unit sales 29 --
NM 29 107 (73)%
iMac unit sales 308 702
(56)% 308 571 (46)%
iBook unit sales 100 236
(58)% 100 89 12%
-------- ------
-------- -------
Total Macintosh unit sales 659 1,377
(52)% 659 1,122 (41)%
======== ======
======== ======= FIRST QUARTER FISCAL 2001
Net sales decreased 57% to $1.007 billion in the first quarter of 2001 compared
to the same quarter in 2000 and decreased 46% from the fourth quarter of 2000.
Both the year-over-year and sequential declines in net sales are attributable to
several factors including continued deterioration in worldwide demand for
personal computers and rebate programs and price cuts instituted by the Company
during the quarter that negatively affected the Company`s net sales for the
quarter by approximately $138 million. In addition, the Company implemented a
plan to reduce substantially the level of inventory in its distribution channels
from the amounts at the end of fiscal 2000 to more normal levels by the end of
the first quarter of 2001. The Company ended fiscal 2000 with substantially more
inventory in its distribution channels than planned due to the lower than
expected sell-through of the Company`s products during the fourth quarter of
that year. The Company reduced channel inventory during the first quarter by
approximately 300,000 units. These factors contributed to the 52% year-over-year
decline in total Macintosh unit sales that were experienced across the Company`s
entire product line. These factors also reduced the average revenue per
Macintosh unit shipped (a function of total net sales generated by hardware shipments and total Macintosh CPU unit sales) during the first quarter of 2001
to $1,476, a decline of approximately 12% from the same period in 2000.
OUTLOOK
For all of 2001, the Company anticipates net sales will decline as compared to
2000 to approximately $6 billion. The Company currently expects that it will be
profitable, before the effect of any investment gains, during each of the last
three quarters of 2001.
The foregoing statements concerning the Company`s anticipated net sales for all
of 2001 and profitability for the remainder of fiscal 2001 are forward-looking.
The Company`s actual results could differ. The Company`s future operating
results and financial condition are dependent upon general economic conditions,
market conditions within the PC industry, and the Company`s ability to
successfully develop, manufacture, and market technologically innovative
products in order to meet the dynamic conditions within the highly competitive
market for personal computers. Some of the potential risks and uncertainties
that could affect the Company`s future operating results and financial condition
are discussed throughout this Item 2, including the discussion under the heading
"Factors That May Affect Future Results and Financial Condition."
SEGMENT OPERATING PERFORMANCE
The Company manages its business primarily on a geographic basis. The Company`s
reportable geographic segments include the Americas, Europe, and Japan. The
Americas segment includes both North and South America. The European segment
includes European countries as well as the Middle East and Africa. The Japan segment includes only Japan. Each geographic operating segment provides similar
hardware and software products and similar services. Further information
regarding the Company`s operating segments may be found in this Form 10-Q in the
Notes to Condensed Consolidated Financial Statements at Note 9, "Segment
Information and Geographic Data."
AMERICAS AND EUROPE
The operating results of these two segments reflect the Company`s overall
results. Net sales in the Americas segment during the first quarter of fiscal
2001 decreased $676 million or 57% compared to the same period in 2000.
Macintosh unit sales in the Americas decreased 54% on a year-over-year basis.
Net sales in the Europe segment decreased $300 million or 48% during the first
quarter of 2001 as compared to the same quarter in 2000, while the segment`s
Macintosh unit sales decreased 41%. These two segments combined represent approximately 83% of the Company`s total net sales during the first quarter of
2001 and account for approximately $103 million of the Company`s total operating
loss for the first quarter of 2001.
JAPAN
Net sales in Japan declined 80% or $328 million and Macintosh unit sales
declined 74% during the first quarter of 2001 as compared to the same quarter in
2000. The Company`s Japan segment was most impacted by the Company`s plan to
reduce channel inventory during the first quarter of 2001 which is reflected in
the 91% decrease in unit sales of iMac in Japan during the first quarter of 2001
compared to the same quarter in 2000.
GROSS MARGIN
Gross margin for the first quarter of 2001 was (2.1)% compared to 25.9% for the
same quarter in 2000 and 25.0% for the fourth quarter of 2000. In addition to
lower than normal net sales, margins were negatively impacted by the rebate
programs and price cuts discussed above instituted by the Company during the
first quarter that decreased revenue by approximately $138 million.
Additionally, actual and forecasted declines in net sales caused the Company to
recognize during the first quarter approximately $122 million of charges associated with purchase order cancellations and loss commitments for component
purchases. Without these charges, gross margin for the first quarter of 2001
would have been approximately 21%.
There can be no assurance that historical or current gross margin will be
maintained, targeted gross margin levels will be achieved, or current margins on
existing individual products will be maintained. In general, gross margin and
margins on individual products will remain under significant downward pressure
due to a variety of factors, including continued industry wide global pricing
pressures, increased competition, compressed product life cycles, potential
increases in the cost and availability of raw material and outside manufacturing
services, and potential changes to the Company`s product mix, including higher
unit sales of consumer products with lower average selling prices and lower
gross margins. In response to these downward pressures, the Company expects it
will continue to take pricing actions with respect to its products. Gross margin
could also be affected by the Company`s ability to effectively manage quality
problems and warranty costs and to stimulate demand for certain of its products.
The Company`s operating strategy and pricing take into account anticipated
changes in foreign currency exchange rates over time; however, the Company`s
results of operations can be significantly affected in the short term by
fluctuations in exchange rates.
OPERATING EXPENSES
Selling, general and administrative expenses, excluding special charges,
decreased $22 million or 7% during the first quarter of 2001 as compared to the
same period in 2000. The decrease in selling, general and administrative expenses during the first quarter of 2001 is the result of lower variable
selling and marketing expenses resulting from the year-over-year 57% decrease in
net sales and due to lower discretionary spending on marketing and advertising.
Expenditures for research and development increased 13% between the first
quarter of fiscal 2001 and the same quarter in 2000 primarily as a result of
increased spending in 2001 to support multiple new product manufacturing ramps
and increased research and development headcount of approximately 8%.
During the first quarter of fiscal 2000, the Company initiated restructuring
actions resulting in recognition of an $8 million restructuring charge. This
charge was comprised of $3 million for the write-off of various operating assets and $5 million for employee termination benefits associated with consolidation
of various domestic and international sales and marketing functions. Of the $5
million accrued for severance, $2.5 million had been spent by September 30,
2000, and an additional $1 million was spent in the first quarter of 2001. Of
the $3 million accrued for the write-off of various assets, substantially all
was utilized by the end of the second quarter of 2000.
In December 1999, the Company`s Board of Directors approved a special executive
bonus for the Company`s Chief Executive Officer for past services in the form of
an aircraft with a total cost to the company of approximately $90 million, the
majority of which is not tax deductible. Approximately half of the total charge
is the cost of the aircraft. The other half represents all other costs and taxes
associated with the purchase.
INTEREST AND OTHER INCOME (EXPENSE), NET
Interest and other income and expense (net) increased $27 million or 68% to $67
million during the first quarter of fiscal 2001 compared to the same quarter in
2000. This increase is attributable primarily to two factors. First, interest
income increased approximately $17 million or 36% between the first quarter of
2001 and the same quarter in 2000 as a result of higher cash, cash equivalents,
and short-term investment balances and due to an increase in the overall yield
earned on the Company`s investment portfolio. Second, net gains from foreign exchange and net gains classified in other income and expense associated with
derivative instruments were approximately $10 million higher in the first
quarter of 2001 compared to the same period in 2000. For the second half of
fiscal 2001, the Company expects a moderate decline in net interest income as a
result of declining market interest rates.
During the first quarter of 2001, the Company sold 3.8 million shares of ARM
stock for net proceeds of approximately $35 million and a gain before taxes of
$35 million. During the first quarter of 2001, the Company also sold 1 million
shares of Akamai stock for net proceeds of approximately $39 million and a gain
before taxes of $36 million.
On October 1, 2000, the Company adopted SFAS No. 133. SFAS No. 133 establishes
accounting and reporting standards for derivative instruments, hedging
activities, and exposure definition. Net of the related income tax effect of
approximately $5 million, adoption of SFAS No. 133 resulted in favorable
cumulative-effect-type adjustment to net income of approximately $12 million.
The $17 million gross transition adjustment was comprised of a $23 million
favorable adjustment for the restatement to fair value of the derivative
component of the Company`s investment in Samsung, partially offset by the
unfavorable adjustments to certain foreign currency and interest rate
derivatives. Management does not believe that adoption of SFAS No. 133 will
significantly alter the Company`s hedging strategies. However, its application
may increase the volatility of other income and expense and other comprehensive
income. SFAS No. 133 also requires the Company to adjust the carrying value of
the derivative component of its investment in Samsung to earnings on a
go-forward basis, the before tax effect of which during the first quarter of
2001 was an unrealized loss of approximately $13 million.
PROVISION FOR INCOME TAXES
As of December 30, 2000, the Company had deferred tax assets arising from
deductible temporary differences, tax losses, and tax credits of $612 million
before being offset against certain deferred tax liabilities for presentation on
the Company`s balance sheet. This asset is generally realizable based on the
ability to offset existing deferred tax liabilities. As of December 30, 2000, a
valuation allowance of $30 million was recorded against the deferred tax asset
for the benefits of tax losses that may not be realized. The valuation allowance relates principally to the operating loss carryforwards acquired from NeXT, the
utilization of which is subject to certain limitations imposed by the Internal
Revenue Code. The Company will continue to evaluate the realizability of the
deferred tax assets quarterly by assessing the need for and amount of the
valuation allowance.
The Company`s effective tax rate for the three months ended December 30, 2000,
was approximately 30%. This effective rate is less than the statutory federal
income tax rate of 35% due primarily to the reversal of a portion of the
previously established valuation allowance for tax loss and credit carryforwards
and certain undistributed foreign earnings for which no U.S. taxes will be
provided. The Company`s effective tax rate for the first quarter of 2000 was
approximately 33% and includes the effect of the special executive bonus of $90
million accrued during that quarter. The effective tax rate during the first
quarter of 2000 without this charge was approximately 25%.
THE COMPANY CURRENTLY BELIEVES THAT ITS EFFECTIVE TAX RATE FOR THE REMAINDER OF
FISCAL 2001 WILL BE APPROXIMATELY 30%. THE FOREGOING-STATEMENTS ARE FORWARD-
LOOKING. THE COMPANY`S ACTUAL RESULTS COULD DIFFER BECAUSE OF SEVERAL FACTORS,
INCLUDING THOSE SET FORTH BELOW IN THE SUBSECTION ENTITLED "FACTORS THAT MAY
AFFECT FUTURE RESULTS AND FINANCIAL CONDITION." ADDITIONALLY, THE ACTUAL FUTURE
TAX RATE WILL BE SIGNIFICANTLY IMPACTED BY THE AMOUNT OF AND JURISDICTION IN
WHICH THE COMPANY`S FOREIGN PROFITS ARE EARNED.
LIQUIDITY AND CAPITAL RESOURCES
The following table presents selected financial information and statistics for
each of the fiscal quarters ending on the dates indicated (dollars in millions):
12/30/00
9/30/00 1/1/00
--------
------- -------
Cash, cash equivalents, and short-term investments $ 4,065
$ 4,027 $ 3,660
Accounts receivable, net $ 441
$ 953 $ 892
Inventory $ 21
$ 33 $ 15
Working capital $ 3,289
$ 3,494 $ 2,944
Non-current debt and equity investments $ 447
$ 786 $ 2,140
Long-term debt $ 311
$ 300 $ 300
Days sales in accounts receivable (a) 40
46 37
Days of supply in inventory (b) 2
2 1
Days payables outstanding (c) 57
74 66
Operating cash flow (quarterly) $ (13)
$ 158 $ 373
(a) Based on ending net trade receivables and most recent quarterly net sales
for each period (b) Based on ending inventory and most recent quarterly cost of
sales for each period (c) Based on ending accounts payable and most recent
quarterly cost of sales adjusted for the change in inventory
As of December 30, 2000, the Company had $4.065 billion in cash, cash
equivalents, and short-term investments, an increase of $38 million or 1% over
the same balances at the end of fiscal 2000. For the first quarter of fiscal
2001, the Company`s primary source of cash was $556 million in cash flows from
investing activities. Cash generated by investing activities consisted primarily
of $1 billion in proceeds from the maturities of short-term investments and $74
million in proceeds from the sale of ARM and Akamai shares. These sources of
cash were partially offset by purchases of short-term investments for $634
million. Cash used for operating activities was primarily from a net loss of
$195 million and decreases in accounts payable partially offset by a decrease in
accounts receivable and an increase in other current liabilities.
In July 1999, the Company`s Board of Directors authorized a plan for the Company
to repurchase up to $500 million of its common stock. This repurchase plan does
not obligate the Company to acquire any specific number of shares or acquire
shares over any specified period of time. During 2000, the Company repurchased a total of 2.55 million shares of its common stock at a cost of $116 million. No
shares were repurchased in the first quarter of 2001. Since inception of the
plan, the Company has repurchased a total of 5.05 million shares of its common
stock at a cost of $191 million.
The Company believes its balances of cash, cash equivalents, and short-term
investments will be sufficient to meet its cash requirements over the next
twelve months, including any cash utilized by its stock repurchase plan.
However, given the Company`s current non-investment grade debt ratings (Standard
and Poor`s Rating Agency of BB and Moody`s Investor Services of Ba2), if the
Company should need to obtain short-term borrowings, there can be no assurance
such borrowings could be obtained at favorable rates. The inability to obtain
such borrowings at favorable rates could materially adversely affect the
Company`s results of operations, financial condition, and liquidity.
NON-CURRENT DEBT AND EQUITY INVESTMENTS
The Company holds significant investments in ARM Holdings plc (ARM), Samsung
Electronics Co., Ltd. (Samsung), Akamai Technologies, Inc. (Akamai) and
EarthLink Network, Inc. (EarthLink). These investments are carried at fair value
in the consolidated balance sheets and are classified as non-current debt and
equity investments. Any realized gains on the sale of these investments have
been included in other income. The Company believes it is likely there will be
significant fluctuations in the fair value of these investments in the future.
Additional information related to the Company`s non-current debt and equity
investments may be found in this Form 10-Q in the Notes to Consolidated
Financial Statements at Note 4, " Non-Current Debt and Equity Investments and
Other Strategic Investments."
FACTORS THAT MAY AFFECT FUTURE RESULTS AND FINANCIAL CONDITION
The Company operates in a rapidly changing environment that involves a number of
uncertainties, some of which are beyond the Company`s control, that will affect
the Company`s future results and business and may cause the Company`s actual
results to differ from those currently expected. Therefore, past financial
performance should not be considered to be a reliable indicator of future
performance, and investors should not use historical trends to anticipate
results or trends in future periods.
The personal computer industry is highly competitive and is characterized by
aggressive pricing practices, downward pressure on gross margins, frequent
introduction of new products, short product life cycles, continual improvement
in product price/performance characteristics, price sensitivity on the part of
consumers, and a large number of competitors. The Company`s results of
operations and financial condition have been, and in the future may continue to
be, adversely affected by industry wide pricing pressures and downward pressures
on gross margins. The personal computer industry has also been characterized by
rapid technological advances in software functionality, hardware performance,
and features based on existing or emerging industry standards. Further, as the
personal computer industry and its customers place more reliance on the
Internet, an increasing number of Internet devices that are smaller and simpler
than traditional personal computers may compete for market share with the
Company`s existing products. Several competitors of the Company have either
targeted or announced their intention to target certain of the Company`s key
market segments, including consumer, education, and design and publishing.
Additionally, several of the Company`s competitors have introduced or announced
plans to introduce products that mimic many of the unique design, technical
features, and solutions of the Company`s products. Many of the Company`s
competitors have greater financial, marketing, manufacturing, and technological
resources, as well as broader product lines and larger installed customer bases
than those of the Company. Additionally, the Company`s future operating results
and financial condition may be affected by overall demand for personal computers
and general customer preferences for one platform over another or one set of
product features over another.
   


  AAPL
  19 1/2
 +3/8
 

[tarex]

Teil 2

Eure meinungen bitte.

bye tarex



About
BigCharts
Article for Apple Computer, Inc.  (NASDAQ NM:AAPL)
5:26 PM  

      most recent headlines
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Management`s Discussions: 10-Q, APPLE COMPUTER INC 2 of 2

      
 MONDAY, FEBRUARY 12, 2001 5:26 PM
 - Edgar Online
The Company is currently the only maker of hardware using the Mac OS. The Mac OS has a minority market share in the personal computer market, which is dominated by makers of computers utilizing Microsoft Windows operating systems. The Company`s future operating results and financial condition are substantially dependent on its ability to continue to develop improvements to the Macintosh platform in order to maintain perceived design and functional advantages over competing platforms.
Additional risks and uncertainties that could have an adverse impact on the Company`s future operating results and financial condition include, among other things, continued or worsening worldwide and regional economic conditions, risks associated with product introductions and transitions, including the planned introduction of Mac OS X in 2001; risk that the Company will forecast
incorrectly and produce or order from third parties excess or insufficient
inventories of particular products; the Company`s ability to supply products
free of latent defects or other faults; increasing dependence on third-parties
for manufacturing and other outsourced functions such as logistics; the
availability of key components on terms acceptable to the Company; the
availability of certain components and services essential to the Company`s
business currently obtained by the Company from sole or limited sources,
including PowerPC RISC microprocessors developed by and obtained from IBM and
Motorola and the final assembly of certain of the Company`s products; the
ability of the Company`s suppliers to provide a sufficient supply of microprocessors with price/performance features that compare favorably with
those supplied to the Company`s competitors; the Company`s ability to increase
its share of the education market or maintain its existing share of the market;
the continued viability of the Company`s existing distribution channels; risks
associated with international operations, including economic and labor
conditions, regional economic problems, political instability, tax laws, and
currency fluctuations; the continued support of third-party software developers
and the continued availability of third-party software for particular
applications; the future availability of any necessary patent or other rights to
technology on commercially reasonable terms; fluctuations in the product,
geographic, and channel mix of the Company`s net sales; the Company`s ability to
attract, motivate and retain key employees; volatility in and/or impairment of
the fair value of certain of the Company`s minority debt and equity investments;
managing the continuing impact of the European Union`s transition to the Euro as
its common legal currency; and continued volatility of the Company`s stock
price.
For a discussion of these and other factors affecting the Company`s future
results and financial condition, see "Item 7 Management`s Discussion and
Analysis Factors That May Affect Future Results and Financial Condition" and
"Item 1 - Business" in the Company`s 2000 Form 10-K.
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
THE INFORMATION PRESENTED BELOW REGARDING MARKET RISK CONTAINS FORWARD-LOOKING
STATEMENTS THAT ARE SUBJECT TO RISKS AND UNCERTAINTIES. THE COMPANY`S ACTUAL
RESULTS MAY DIFFER SIGNIFICANTLY FROM THOSE DISCUSSED BELOW AND ELSEWHERE IN
THIS FORM 10-Q REGARDING MARKET RISK. THE FOLLOWING DISCUSSION SHOULD BE READ IN
CONJUNCTION WITH THE 2000 FORM 10-K AND THE CONDENSED CONSOLIDATED FINANCIAL
STATEMENTS AND NOTES THERETO INCLUDED ELSEWHERE IN THIS FORM 10-Q.
FOREIGN CURRENCY RISK
Overall, the Company is a net receiver of currencies other than the U.S. dollar
and, as such, benefits from a weaker dollar and is adversely affected by a
stronger dollar relative to major currencies worldwide. Accordingly, changes in
exchange rates, and in particular a strengthening of the U.S. dollar, may
negatively affect the Company`s net sales and gross margins as expressed in U.S.
dollars.
The Company enters into foreign exchange forward and option contracts with financial institutions primarily to protect against currency exchange risk
associated with expected future cash flows, existing assets and liabilities,
certain firmly committed transactions, and probable but not firmly committed
transactions. Generally, the Company`s practice is to hedge a majority of its
existing material foreign exchange transaction exposures. However, the Company
may not hedge certain foreign exchange transaction exposures due to
immateriality, prohibitive economic cost of hedging particular exposures, and
availability of appropriate hedging instruments. Foreign exchange forward
contracts are carried at fair value in other current assets and liabilities.
INTEREST RATE RISK
The Company`s exposure to market risk for changes in interest rates relates primarily to the Company`s investments and long-term debt obligations and
related derivative financial instruments. The Company places its investments
with high credit quality issuers and, by policy, limits the amount of credit
exposure to any one issuer. The Company`s general policy is to limit the risk of
principal loss and ensure the safety of invested funds by limiting market and
credit risk. While the Company is exposed to interest rate fluctuations in many
of the world`s leading industrialized countries, the Company`s interest income
and expense is most sensitive to fluctuations in the general level of U.S.
interest rates. In this regard, changes in U.S. interest rates affect the
interest earned on the Company`s cash, cash equivalents, and short-term
investments as well as costs associated with foreign currency hedges.
During the last two years, the Company has entered into interest rate swaps with financial institutions in order to better match the Company`s floating-rate
interest income on its cash equivalents and short-term investments with its
fixed-rate interest expense on its long-term debt, and/or to diversify a portion
of the Company`s exposure away from fluctuations in short-term U.S. interest
rates. The Company may also enter into interest rate contracts that are intended
to reduce the cost of the interest rate risk management program. The Company
does not hold or transact in such financial instruments for purposes other than
risk management.
RISK MANAGEMENT ACTIVITIES
To ensure the adequacy and effectiveness of the Company`s foreign exchange and interest rate hedge positions, as well as to monitor the risks and opportunities
of the non-hedge portfolios, the Company continually monitors its foreign
exchange forward and option positions, and its interest rate swap, option and
floor positions both on a stand-alone basis and in conjunction with its
underlying foreign currency and interest rate related exposures, respectively,
from both an accounting and an economic perspective. However, given the
effective horizons of the Company`s risk management activities and the
anticipatory nature of the exposures intended to hedge, there can be no
assurance the aforementioned programs will offset more than a portion of the
adverse financial impact resulting from unfavorable movements in either foreign
exchange or interest rates. In addition, the timing of the accounting for
recognition of gains and losses related to derivative instruments for any given period may not coincide with the timing of gains and losses related to the underlying economic exposures and, therefore, may adversely affect the Company`s operating results and financial position.
On October 1, 2000, the Company adopted SFAS No. 133. SFAS No. 133 establishes
accounting and reporting standards for derivative instruments, hedging activities, and exposure definition. Management does not believe that adoption
of or ongoing application of SFAS No. 133 will significantly alter the Company`s
hedging strategies. However, its application may increase the volatility of
other income and expense and other comprehensive income.
The Company`s market risks at December 30, 2000, are not significantly different from those discussed "Item 7A. -Disclosures About Market Risk" in the Company`s 2000 Form 10-K. Also, refer to "Note 6 - Derivative Financial Instruments," of
this Form 10-Q for additional discussion regarding the Company`s market risks,
its accounting for derivatives, and the impact of adoption of SFAS No. 133.
(c) 1995-1999 Cybernet Data Systems, Inc. All Rights Reserved.
Received by Edgar Online: Feb. 12, 2001
CIK Code: 0000320193
SEC Accession Number: 0000912057-01-004642
   


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[kju]

der neue G4 7xx könnte im pro-bereich der absolute knaller werden. Durch das serienmäßige superdrive, mit dem man 4.7 Gb DVD-Masterrohlinge beschreiben kann, erhält man zusammen mit der DVD pro- und Final Cut Pro Software eine KOMPLETTE Video/DVD Authoring Workstation für ca. 15 TDM!! Über die mögliche anbindung von DLT-Laufwerken zur Produktion von DVD9 und DVD18 kann ich momentan noch nichts sagen.
Zum Vergleich: Alle Anderen profesionellen Authoring-Lösungen (nur Software) beginnen bei ca. 15 TDM, dazu noch ein DVD writer für 10 TDM und natürlich einen entsprechend ausgestatteten Rechner, also mindestens das doppelte. Dazu dann noch mindestens eine leistungsfähige DV-Schnittlösung für ca. 5TDM.
Insbesondere bei der Software hat Apple mit dem Aufkauf von Astarte einen sehr geschickten schritt getan, denn die Firma wollte Ihre Authoring-Software DVD Director pro auch für win2k anbieten - und da hat Apple jetzt natürlich die Hand drauf. Somit ist für win-systeme weit und breit keine günstige authoring-software verfügbar!

Die Verkaufszahlen für die große machine werden in den nächsten Quartalen IMHO extrem überraschen, ich kenne einige aus dem MM-Lager - mich eingeschlossen - die das erste mal den kauf eines teuren Macs ernsthaft erwägen. Nochmal: Für den Preis einer Nur-Software bekommt man bei Apple eine komplette Workstation.

Zudem sollte man sich schnellstens von Aktien des CD/DVD - Authoringspezielisten Sonic Solutions trennen, die Firma wird zusätzlich unter Druck geraten. Deren Systeme kosten teilweise über 50.000 $ und können auch nicht mehr.

kju

[Shearer]

Apple`s 733MHz Power Mac is ready for duty

aus: http://www.zdnet.com/zdnn/stories/news/0,4586,2687802,00.htm…

Apple Computer said it has started shipping the 733MHz Power Mac, its top-of-the-line desktop machine that includes a SuperDrive capable of reading and writing both CDs and DVDs.

The new Power Mac, which Apple Computer (Nasdaq: AAPL) announced at last month`s Macworld Expo in San Francisco, helps Apple narrow the megahertz gap between its computers and those that use Intel processors.

Cupertino, Calif.-based Apple had said the new Power Mac would ship in February.

Despite Monday`s announcement, supplies of the $3,499 systems are expected to be extremely tight. Apple executives have said demand is expected to be higher than supply throughout this quarter for the high-end machine, which also comes with Apple`s new iTunes and iDVD software.

The start of shipments comes on the eve of this week`s Macworld Expo Tokyo, where Steve Jobs is expected to announce new iMacs, most likely including rewritable CD drives.

Apple is counting on the new models to help boost sagging sales. The company lost $247 million in its most recent quarter as it slashed Mac shipments in an effort to whittle down 11 weeks` worth of inventory that had piled up on the shelves of retailers and distributors.

The effort succeeded in halving the inventory to a more normal five and a half weeks, Apple said last month. However, sales appear to have not picked up much in January. According to new figures from PC Data, Apple`s sales in U.S. retail stores were down 60 percent last month from the same period a year earlier. Apple`s overall sales, including mail order, were down 40 percent in January, year over year.

Salomon Smith Barney analyst Richard Gardner said in a report Tuesday that sales in Europe have been the only bright spot for PC sales but noted that just 20 percent of Apple`s sales come from Europe.

Bye SHEARER

[Shearer]

Hi, keine Ahnung warum heute Apple teilweis e so gut abging, aber zu Lachen gibt es wirklich nichts...

http://www.theregister.co.uk/content/39/17102.html

Mac desktop sales slide 62 per cent
By: Tony Smith
Posted: 21/02/2001 at 17:17 GMT

If Apple does unveil new iMacs and iBooks at MacWorld Expo
Tokyo tomorrow, it better pray that punters like them.

US consumers certainly didn`t like what the company was offering
last month. Retail sales of desktop Macs fell 62 per cent year on
year, according to US retail market watcher PC Data`s latest figures.
Notebooks sales were down 36 per cent.

Of course, Apple was always going to have a rough January, what
with shipments expected to be down on a poor Christmas sales
period, and the company`s attempt to shift unsold stock despite the
prospect of better systems on the way. And its top two Power Mac
G4 machines, both based on the new PowerPC 7450 chip - the
long-awaited G4 Plus - have only just begun shipping.

During January, desktop sales as a whole fell 26 per cent in volume,
so the issue is affecting the industry as a whole. That said, Apple
does seem to have been particularly badly hit.

Notebooks sales slipped just nine per cent, though Sony clearly
weathered the changing market conditions with aplomb, notching up
a 137 per cent increase in Vaio sales. Hewlett-Packard was up 85
per cent. Apple dismal drop was shared by Compaq (down 41 per
cent) and Toshiba (33 per cent). Again, limited availability of new
product - specifically the PowerBook G4 - won`t have done Apple
any favours.

PC Data analyst Stephen Baker, cited by MacCentral, noted that
consumers seems to be less interested in low prices as more
features and higher system specs. That suggests experienced users
are continuing to buy machines, while less savvy consumers are not.
That`s good news for Apple, which is expected to announce major
upgrades to its consumer line-up this week. ®

Bye SHEARER

[tarex]

Hi ,

hier mal ein interview von themac.de und der link zum consors interview.

consors:

http://www3.consors.de/Apps/WebObjects/eMailVerteilerHTMLSer…


Apple bring die neuen rechner jetzt doch noch billiger raus , zumindest hier drueben.


themac :

Was Apple zu den neuen iMacs, Cubes und zum AppleStore meint
Wir hatten die Möglichkeit, mit Apple ein Interview über die aktuelle Entwicklung, die neuen iMacs, den Apple Store und über die Posionierung der Modelle ein Interview zu führen. Zur Verfügung stand uns dabei Georg Albrecht von Apple.
themac.de: Apple hat in Deutschland dank dem iMac ja den Marktanteil deutlich steigern
können, wie beurteilen Sie die aktuelle Entwicklung?
Georg Albrecht: Wir haben im letzten Jahr den Marktanteil deutlich steigern können,
regionale Zahlen nennen wir grundsätzlich nicht. Ich muss Sie da auf die
Marktforschungsunternehmen IDC und Dataquest verweisen.

themac.de: In Deutschland existiert scheinbar die psychologisch wichtige "2000 DM
Grenze". Die letzten iMac´s blieben mit 1999 DM ja darunter, was wir sehr
positiv auffaßten, die neuen iMacs kosten allerdings 500 DM mehr und haben
nur 50 MHz mehr. Womit rechtfertigen Sie diesen Schritt?
Georg Albrecht: Alle iMacs sind jetzt für AirPort vorbereitet und verfügen über eine
FireWire-Schnittstelle für den digitalen Videoschnitt, auch das kleinste
Modell. Wer darauf verzichten kann, findet im Fachhandel noch das ältere
Einstiegsmodell iMac 350 Indigo für unter 2000.- DM.

themac.de: Die neuen Farben wurden sehr stark kritisiert: Kann Apple Deutschland hier
die Farbwahl für den hiesigen Markt beeinflussen, oder meinen Sie, die Farbe
sei auch für Deutschland sehr gut geeignet ?
Georg Albrecht: Schön, dass es einmal mehr gelungen ist, mit "Flower Power" noch so manchen
Kommentator aus dem Sessel zu reißen. Die Erfahrung lehrt, dass gerade die
radikalen Designs ihre Käufer finden. Mag sein, dass das nicht jene Leute
sind, die sich darüber echauffieren. Aber wir wollen mit dem iMac ja gerade
neue, jüngere Käuferschichten ansprechen: Leute, die überhaupt nicht wissen
wollen, was ein PCI-Steckplatz ist, aber dafür trend- und modebewusst sind und Wert auf Individualität legen. Und für konservativere Gemüter gibt es
die iMac-Modelle auch in den Tönen Blueberry bzw. Graphite (beim
Spitzenmodell).
Die neuen TV-Spots zum iMac, die iTunes in den Mittelpunkt stellen, haben
übrigens einen assoziativen Bezug zur Schlusssequenz von Stanley Kubrick´s
"2001". Sehr aktuell also, nur müssen Sie nicht mehr zum Jupiter fliegen, um
einen "psychedelischen Trip" zu erleben, iTunes schafft das nicht minder
eindrucksvoll...

themac.de: Die 64 MB Ram in den beiden unteren iMac Modellen halten wir für einen
schlechten Witz: Nicht einmal MacOS X läuft darauf und selbst ein 256 MB
Modul kostet im Handel kaum mehr als 200 DM. Hat Apple es wirklich nötig,
in solchem Maßen zu sparen ?
Georg Albrecht: Wir liefern den iMac nach wie vor mit Mac OS 9 aus, dafür sind 64 MB
ausreichend, selbst um mit iMovie zu arbeiten. Wer plant, Mac OS X
einzusetzen, sollte sich zusätzlichen Speicher besorgen. Wir überlassen es
dem Kunden, welches Betriebssystem er einsetzen und damit auch, wieviel er
in Speicher investieren will.

themac.de: Wird in Deutschland weiterhin Werbung im Fernsehen geschaltet ?
Georg Albrecht: Im Rahmen unseres Werbemixes ist natürlich auch Fernsehen vorgesehen.

themac.de: Der deutsche Apple Store ist zwar schön, aber nicht günstig. Viele Leser
beklagen sich über zu hohe Preise, insbesondere bei Ram und bei Festplatten.
Apple als ein riesiger Computer Konzern müsste hier doch eigentlich sehr
günstig an diese Produkte herankommen! Was ist ihre Meinung dazu ?
Georg Albrecht: Der Apple Store ist eine Ergänzung zum Fachhandel und zum Retail, keine
Konkurrenz. Wenn jemand einen individuell konfigurierbaren Mac möchte oder
es etwas weiter zum nächsten Apple Händler hat, findet er im Apple Store
eine bequeme Einkaufsmöglichkeit. 24 Stunden am Tag, 7 Tage die Woche.

themac.de: Ein Lob zu den neuen Cube Modellen, wir finden sie wirklich sehr gelungen.
Allerdings stellt sich doch manchmal die Frage, ob es denn nicht möglich
wäre einen PCI Slot einzubauen. Apple´s Chefdesigner haben ja schon sehr
viel hin bekommen, dann müsste das doch auch noch machbar sein, oder geht
fehlt hier einfach der Platz?
Oder könnte ein Cube mit PCI (z.B. für TV) für 3000 DM den Verkauf der
Profimodelle hindern ?
Georg Albrecht: Der zusammenklappbare PCI-Slot (in voller Bauhöhe natürlich) ist noch nicht
erfunden worden... Sie würden außerdem einen Lüfter benötigen, um die
Wäremeentwicklung der PCI-Karte abzufangen, dafür wieder ein stärkeres
Netzteil usw. Das Konzept des Cube wäre damit nicht vereinbar: Kompakt,
lüfterlos und lautlos soll er sein. 95 Prozent unserer Kunden benötigen
übrigens keinen PCI-Slot, sollen diesen aber für die 5 Prozent immer
mitbezahlen? Wer interne Erweiterungsmöglichkeiten benötigt, sollte an den
Kauf eines Power Mac G4 denken. Der Cube ist im übrigen komplett ausgestattet, und über USB und Firewire lässt sich an ihn nahezu alles extern anschließen.

themac.de: Auf Anregung eines Lesers noch eine weitere
Frage: Die wäre, ob Apple den G4 Cube als
Einsteigermodell oder als Profimodell profilieren will.
Georg Albrecht: Weder noch. Die Bedürfnisse der Anwender sind zu unterschiedlich, die
bisherigen Kategorien lösen sich immer mehr auf. Früher konnte man ein
Einstiegsmodell noch eindeutig am Preis identifizieren, heute geht das nicht
mehr so ohne weiteres, der Cube mit 17" Display beispielsweise kommt der
Preisregion, in der ein 600 MHz-iMac liegt, schon recht nahe. Anderes
Beispiel: Früher war der typische Bürorechner ein Desktop-Modell, heute
greifen immer mehr Office-Anwender zum PowerBook. Früher hat der Hersteller
sein Produkt noch eindeutig "positionieren" können und dem Kunden Vorgaben
gemacht, heute entscheidet der Kunde, was am besten zu seinem persönlichen
Lebens- und Arbeitsstil passt.

themac.de: Zum Anderen
kritisiert ein Leser ihren Support als ziemlich langsam und inkompetent, was
Fragen zu älteren Rechnern angeht. Wir haben damit keine Erfahrungen (G3 B&W
läuft seit langem ohne Probleme), aber sicherlich sind auch nicht alle
Macintoshs so zuverlässig. Wie hat Apple den Support in den letzten Jahren
dem Zuwachs angepasst ?
Georg Albrecht: Sie haben 90 Tage ab Kaufdatum Ihres Apple Produkts Anspruch auf
telefonischen Support bei der Lösung von Problemen mit Ihrer Hardware oder
Betriebssystem-Software. Danach wird der Telefonsupport kostenpflichtig. Zur
Verlängerung und Erweiterung des technischen Supports bietet Apple auch
einen sog. "AppleCare Protection Plan" an, der für verschiedenen
Produktgruppen zur Verfügung steht.
Daneben baut Apple baut seine kostenlosen Online-Support-Ressourcen immer
weiter aus, über http://www.apple.com/support/index-d.html finden Sie einen
Einstieg und Informationen auch zu älteren Modellen, etwa Handbücher, Spezifikationen, das Online Support-Forum ("Knowlede Base" und tausende von
Einträgen in der "Technical Info Library" (alles in englischer Sprache).

themac.de: Noch eine letzte Frage: Welchen (i)Mac benutzen Sie privat und welchen
beruflich ?
Georg Albrecht: Ein PowerBook.