Posted April 16th, 2003 @ 05:23pm by Erik J. Barzeski
Apple profits to the tune of $14M in its second quarter.
Apple today posted a net profit of US$14 million, or 4 cents per diluted share, for its fiscal 2003 second quarter ended March 29, 2003.
I fully expect their stock to drop 50 cents on the news tomorrow, cuz, y'know, that's how the stock market works when it comes to Apple. Profit is bad because a profitable Apple makes stupid stock analysts look, well, stupid.
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Posted 16 Apr 2003 at 9:43pm #
"This ends, what, two quarters with a loss after a looooooong string of profitable quarters, right?"
See the table at the end of this article (German): http://www.heise.de/newsticker/data/jk-16.04.03-007/