Thursday, July 14, 2005

IPod Sales Give Apple 75% Jump in Revenue - New York Times

IPod Sales Give Apple 75% Jump in Revenue - New York Times: "The company's obvious enthusiasm for the quarter was tempered during a conference call with analysts by what Mr. Oppenheimer referred to as a 'prudent' forecast of flat to slightly declining revenue for its fourth quarter.
'We are being prudent in our first quarter after our Intel transition and expect to learn more during the quarter,' he said.
The cautious forecast caused a number of financial analysts to question whether the company had experienced a decline in sales during the quarter after announcing in June that it planned to switch from I.B.M. to Intel for its processors."
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