AAPLE A DAY

Apple Reports Third Quarter ResultsWednesday July 13, 4:30 pm ET

Apple Delivers Record Revenue & Earnings

CUPERTINO, Calif., July 13 /PRNewswire-FirstCall/ Apple® today announced financial results for its fiscal 2005 third quarter ended June 25, 2005, reporting the highest revenue and earnings in the Company's history. Apple posted a net quarterly profit of $320 million, or $.37 per diluted share, and revenue of $3.52 billion. These results compare to a net profit of $61 million, or $.08 per diluted share, and revenue of $2.01 billion in the year- ago quarter, and represent revenue growth of 75 percent and net profit growth of 425 percent. Gross margin was 29.7 percent, up from 27.8 percent in the year-ago quarter. International sales accounted for 39 percent of the quarter's revenue.
Apple shipped 1,182,000 Macintosh® units and 6,155,000 iPods during the quarter, representing 35 percent growth in Macs and 616 percent growth in iPods over the year-ago quarter.
"We are delighted to report Apple's best quarter ever in both revenue and earnings," said Steve Jobs, Apple's CEO. "The launch of Mac OS X Tiger has been a tremendous success, and we have more amazing new products in the pipeline."
"We're very pleased to report 75 percent revenue growth and a 425 percent increase in net income," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the fourth quarter of fiscal 2005, we expect revenue of about $3.5 billion and earnings per diluted share of about $.32."

**WOW!! IPODS have been FLYING off the shelf, stock right has been ALL OVER THE PLACE AH, now near unchanged. Growth FLAT for next qtr may be reason.

It isn't the NOW anymore in the what can you do for me tomorrow world....as the markets always look ahead.

NAZ was obvious laggard today, market needs the HIGH BETA stuff to fly.

D