Peter Oppenheimer
Peter Oppenheimer
Peter Oppenheimer is the former senior vice president and Chief Financial Officer of Apple Inc and current member of Goldman Sachs board of directors...
activity equity exposure october people september until wanting
I think that between now and September or October there's not going to be a lot of activity in equity markets. People are not going to be wanting more exposure until we see confirmation of a recovery.
best last quarter revenue second thrilled
We're thrilled about the quarter. It's the second best revenue quarter we've ever had, topped only by last quarter.
ahead earnings estimated expect expense fiscal growth impact including income looking nearly net percent pleased quarter report revenue second share twice
We're very pleased to report year-over-year revenue growth of 65 percent and net income that was nearly twice the year-ago level. Looking ahead to the second quarter of fiscal 2006, we expect revenue of about $4.3 billion. We expect GAAP earnings per diluted share of about $.38, including an estimated $.04 per share expense impact from non-cash stock-based compensation, translating to non-GAAP EPS of about $.42.
technology reality thinking
I think for a while now people have been scared to be out of TMT the commonly used acronym for technology-media-telecom stocks, which have tended to rise in tandem recently and the feeling has really been you have to be there...but now we're getting a dose of reality.
cash-flow return march
We generated $13.5 billion in cash flow from operations and returned almost $21 billion in cash to shareholders through dividends and share repurchases during the March quarter. That brings cumulative payments under our capital return program to $66 billion.
earnings given growth highest percent quarter revenue second
Year-over-year revenue growth of 34 percent and earnings growth of 41 percent were the second highest in any given quarter in Apple's history.
history last quarter revenue second targeting
We are targeting the second-best quarter in the company's history, second only to last quarter, with revenue of about $4.3bn.
continued growth looking
We're looking for continued growth for the company,
add continue expect fiscal measured open pace stores total
We will continue to add new stores at a measured pace and expect to open a total of 40 new stores in fiscal '06.