First Live Streamed Concert to Cell Phone Platform; Pay Per View Event Combines Music, Technology and Social Media with Hip Hop Star Soulja Boy
Presented by SwaggMedia.com, StreamWeaver and Mathew Gavin
Soulja Boy Red Carpet Birthday Bash and Performance Streamed Live
July 28th, Win Tickets with Radio One
(Los Angeles, CA) – Swaggmedia.com teams up with Hip Hop Super Star and Twitter phenomenon, Soulja Boy to celebrate his birthday with a red carpet bash, exclusive performance and pay per view event. The event takes place July 28th in Hollywood, California and those not on the private invite list, have an additional opportunity to be involved. Swaggmedia.com and Mathew Gavin present a pay per view live stream for only $2.99 when you log on to SwaggMedia.com.
The internet music marketing boom has been growing exponentially for two main reasons, one of which stems in artists themselves being more involved in their own marketing efforts and secondly the growth of social media outlets including Facebook, YouTube, Twitter and music blogs like (World Star Hip Hop, Southern Hospitality, Bossip etc.) On the forefront of this trend is SwaggMedia whose platform is about connecting listeners to unique content with premium technology. Craig Nobles, Swaggmedia.com’s founder commented, “The future of music is a combination of technology teamed up with the artist to provide immediate and continuous content. Swaggmedia.com provides just that, an opportunity to reach millions of viewers with their music, products and interviews from the comfort of their home or the convenience of their cell phone.”
The Birthday Bash will include celebrities, VIP guests and a combination of Soulja Boy’s current hits and a preview of his upcoming album. Soulja Boy has over two million twitter fans and followers.
For more information log on to SwaggMedia.com.
Music and Entertainment Investor News - follow news and trends in the changing music industry . This blog is part of Investorideas.com content
Showing posts with label music stocks. Show all posts
Showing posts with label music stocks. Show all posts
Wednesday, July 14, 2010
Thursday, October 23, 2008
Investorideas.com Launches “News of the Day” for Music Stocks and Industry
Investorideas.com Launches “News of the Day” for Food and Beverage,
Organics, Homebuilding Stocks, Toy Industry or Music Industry Stocks and other Leading Sectors
POINT ROBERTS, WA – October 23, 2008, Investorideas.com, a leading global investor and industry research resource reports the InvestorIdeas.com newswire has added new options and upgrades to the Investorideas.com Newswire for public and private companies to gain enhanced market exposure and online visibility on a day- to- day basis to investors and industry following their sector. Companies and publicly traded stocks in food and beverage, organics, homebuilding, music and the toy industry can be featured as the sector news of the day.
With markets and investor sentiment changing daily Investorideas.com new service creates an online venue targeted to global investors for Story of the day, Sector News of the Day and Audio of the day in over 30 sectors including Oil and Gas Stocks, Tech Stocks, Telecom, Digital Media, China Stocks, renewable energy/cleantech, water, mining, biotech, nanotech, coal, natural gas, Homeland Security and more.
InvestorIdeas.com currently attracts a global investor audience averaging 15,000 unique visitors per day (and growing), made up of investors, brokers, analysts, media, industry peers, institutions and government seeking news and research on over 30 sectors and global markets. Additionally, InvestorIdeas.com and its related sector portals are visible multiple financial and news sites and blogs globally via the Investorideas.com RSS feeds and syndication partners.
About the Investorideas.com Newswire:
Investor Ideas Newswire is fast becoming a valuable news source for investors and industry leaders. Readers can subscribe to the feed, companies can submit news to the feed and investment and news sites can add the RSS feed for free. Investor Ideas Newswire is indexed by Google News, My Yahoo! and other leading news sources.
Newswire RSS Feed: http://www.investorideas.com/RSS/feeds/IIMAIN.xml
Companies can submit Stock, Investing and Financial News or Industry News: Target Your News to Investors, Investment Industry and Industry Eyeballs Following Your Specific Sector (Choose up to 3 Industry Portals). Submit your news release to our Investor Ideas Newswire, RSS Feed and sector portals covering the Environment, Homeland Security, Tech, Digital Media, Renewable Energy, Greentech, Oil and Gas, Nanotech, Biotech, Gold, Mining, China, India, Middle East and other leading sectors and global markets. The Investorideas.com newswire uploader: http://www1.investorideas.com/NewsUploader/Default.aspx
New Investorideas.com Upgrade Options for news release or announcements:
Do you have a great news release or announcement that you want to gain extra eyeballs and ear-balls for? With markets and investor sentiment changing daily- Be the Story of the day!
To accommodate short term targeted news distribution programs on a budget we have now added the following upgrades to give you multiple options at an affordable price!
In addition to the basis news distribution the $75 Investorideas.com newswire service provides – companies can now choose one or more of the following:
Be the Sector news of the day- Be the featured news story of the day on the sector home page of your choice and have your news sent to our subscribers!
Be the Investorideas.com home page top news story of the day – Be directly visible to 10-15,000 visitors a day! We will also send your news as the story of the day to our subscribers following your sector!
Be the Featured Podcast - audio news story of the day – We will read your news or announcement and create an audio file and add to our Podcast RSS feeds and your audio will be the featured audio on Investorideas.com home page for the day!
News uploader: http://www1.investorideas.com/NewsUploader/Default.aspx
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
The Investorideas.com Trading Exchange: http://www.investorideas.com/trade/
RSS Ad feeds:
Investing Ideas http://www.investorideas.com/rss/feeds/adfeed.xml
Trading Services http://www.investorideas.com/rss/feeds/tradingservicesadfeed.xml
Financial Services http://www.investorideas.com/rss/feeds/financialservicesadfeed.xml
IR/PR Services http://www.investorideas.com/rss/feeds/ir-prservicesadfeed.xml
Business Services http://www.investorideas.com/rss/feeds/businessservicesadfeed.xml
Financial/Investing Products http://www.investorideas.com/rss/feeds/financial-investingproductsadfeed.xml
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or cvanzant@investorideas.com
Organics, Homebuilding Stocks, Toy Industry or Music Industry Stocks and other Leading Sectors
POINT ROBERTS, WA – October 23, 2008, Investorideas.com, a leading global investor and industry research resource reports the InvestorIdeas.com newswire has added new options and upgrades to the Investorideas.com Newswire for public and private companies to gain enhanced market exposure and online visibility on a day- to- day basis to investors and industry following their sector. Companies and publicly traded stocks in food and beverage, organics, homebuilding, music and the toy industry can be featured as the sector news of the day.
With markets and investor sentiment changing daily Investorideas.com new service creates an online venue targeted to global investors for Story of the day, Sector News of the Day and Audio of the day in over 30 sectors including Oil and Gas Stocks, Tech Stocks, Telecom, Digital Media, China Stocks, renewable energy/cleantech, water, mining, biotech, nanotech, coal, natural gas, Homeland Security and more.
InvestorIdeas.com currently attracts a global investor audience averaging 15,000 unique visitors per day (and growing), made up of investors, brokers, analysts, media, industry peers, institutions and government seeking news and research on over 30 sectors and global markets. Additionally, InvestorIdeas.com and its related sector portals are visible multiple financial and news sites and blogs globally via the Investorideas.com RSS feeds and syndication partners.
About the Investorideas.com Newswire:
Investor Ideas Newswire is fast becoming a valuable news source for investors and industry leaders. Readers can subscribe to the feed, companies can submit news to the feed and investment and news sites can add the RSS feed for free. Investor Ideas Newswire is indexed by Google News, My Yahoo! and other leading news sources.
Newswire RSS Feed: http://www.investorideas.com/RSS/feeds/IIMAIN.xml
Companies can submit Stock, Investing and Financial News or Industry News: Target Your News to Investors, Investment Industry and Industry Eyeballs Following Your Specific Sector (Choose up to 3 Industry Portals). Submit your news release to our Investor Ideas Newswire, RSS Feed and sector portals covering the Environment, Homeland Security, Tech, Digital Media, Renewable Energy, Greentech, Oil and Gas, Nanotech, Biotech, Gold, Mining, China, India, Middle East and other leading sectors and global markets. The Investorideas.com newswire uploader: http://www1.investorideas.com/NewsUploader/Default.aspx
New Investorideas.com Upgrade Options for news release or announcements:
Do you have a great news release or announcement that you want to gain extra eyeballs and ear-balls for? With markets and investor sentiment changing daily- Be the Story of the day!
To accommodate short term targeted news distribution programs on a budget we have now added the following upgrades to give you multiple options at an affordable price!
In addition to the basis news distribution the $75 Investorideas.com newswire service provides – companies can now choose one or more of the following:
Be the Sector news of the day- Be the featured news story of the day on the sector home page of your choice and have your news sent to our subscribers!
Be the Investorideas.com home page top news story of the day – Be directly visible to 10-15,000 visitors a day! We will also send your news as the story of the day to our subscribers following your sector!
Be the Featured Podcast - audio news story of the day – We will read your news or announcement and create an audio file and add to our Podcast RSS feeds and your audio will be the featured audio on Investorideas.com home page for the day!
News uploader: http://www1.investorideas.com/NewsUploader/Default.aspx
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
The Investorideas.com Trading Exchange: http://www.investorideas.com/trade/
RSS Ad feeds:
Investing Ideas http://www.investorideas.com/rss/feeds/adfeed.xml
Trading Services http://www.investorideas.com/rss/feeds/tradingservicesadfeed.xml
Financial Services http://www.investorideas.com/rss/feeds/financialservicesadfeed.xml
IR/PR Services http://www.investorideas.com/rss/feeds/ir-prservicesadfeed.xml
Business Services http://www.investorideas.com/rss/feeds/businessservicesadfeed.xml
Financial/Investing Products http://www.investorideas.com/rss/feeds/financial-investingproductsadfeed.xml
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or cvanzant@investorideas.com
Monday, October 22, 2007
How do you like them Apples?
Apple Reports Fourth Quarter Results
Quarterly Mac Sales Set New Record Quarterly iPhone Sales Exceed One Million
CUPERTINO, Calif., Oct. 22 -- Apple® today announced financial results for its fiscal 2007 fourth quarter ended September 29, 2007. The Company posted revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share. These results compare to revenue of $4.84 billion and net quarterly profit of $542 million, or $.62 per diluted share, in the year-ago quarter. Gross margin was 33.6 percent, up from 29.2 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter's revenue.Apple shipped 2,164,000 Macintosh® computers, representing 34 percent growth over the year-ago quarter and exceeding the previous quarterly record for Mac® shipments by 400,000. The Company sold 10,200,000 iPods during the quarter, representing 17 percent growth over the year-ago quarter. Quarterly iPhone(TM) sales were 1,119,000, bringing cumulative fiscal 2007 sales to 1,389,000.
"We are very pleased to have generated over $24 billion in revenue and $3.5 billion in net income in fiscal 2007," said Steve Jobs, Apple's CEO. "We're looking forward to a strong December quarter as we enter the holiday season with Apple's best products ever."
"Apple ended the fiscal year with $15.4 billion in cash and no debt," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the first quarter of fiscal 2008, we expect revenue of about $9.2 billion and earnings per diluted share of about $1.42."
Apple will provide live streaming of its Q4 2007 financial results conference call utilizing QuickTime®, Apple's standards-based technology for live and on-demand audio and video streaming. The live webcast will begin at 2:00 p.m. PDT on Monday, October 22, 2007 at http://www.apple.com/quicktime/qtv/earningsq407/ and will also be available for replay.
This press release contains forward-looking statements about the Company's estimated revenue and earnings per share. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include potential litigation and government enforcement actions that may result from the matters investigated by the special committee of the board of directors and the restatement of the Company's consolidated financial statements; unfavorable results of legal proceedings; the effect of competitive and economic factors, and the Company's reaction to those factors, on consumer and business buying decisions with respect to the Company's products; war, terrorism, public health issues, and other circumstances that could disrupt supply, delivery, or demand of products; continued competitive pressures in the marketplace; the Company's reliance on sole service providers for iPhone in the U.S., U.K., Germany and France; the continued availability on acceptable terms of certain components and services essential to the Company's business currently obtained by the Company from sole or limited sources; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company's gross margin; the effect that product quality problems could have on the Company's sales and operating profits; the inventory risk associated with the Company's need to order or commit to order product components in advance of customer orders; the effect that the Company's dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; the Company's dependency on the performance of distributors and other resellers of the Company's products; the Company's reliance on the availability of third-party digital content; and the potential impact of a finding that the Company has infringed on the intellectual property rights of others. More information on potential factors that could affect the Company's financial results is included from time to time in the Company's public reports filed with the SEC, including the Company's Form 10-K for the fiscal year ended September 30, 2006, its Forms 10-Q for the quarters ended December 30, 2006, March 31, 2007, and June 30, 2007, and its Form 10-K for the year ended September 29, 2007 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.
Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award- winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market this year with its revolutionary iPhone.
© 2007 Apple Inc. All rights reserved. Apple, the Apple logo, Mac, Mac OS, Macintosh, iPhone and QuickTime are trademarks of Apple. Other company and product names may be trademarks of their respective owners.
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(in millions, except share amounts)
September 29, September 30, 2007 2006 ASSETS: Current assets: Cash and cash equivalents $9,352 $6,392 Short-term investments 6,034 3,718 Accounts receivable, less allowances of $47 and $52, respectively 1,637 1,252 Inventories 346 270 Deferred tax assets 782 607 Other current assets 3,805 2,270 Total current assets 21,956 14,509
Property, plant and equipment, net 1,832 1,281 Goodwill 38 38 Acquired intangible assets, net 299 139 Other assets 1,222 1,238
Total assets $25,347 $17,205
LIABILITIES AND SHAREHOLDERS' EQUITY:
Current liabilities: Accounts payable $4,970 $3,390 Accrued expenses 4,329 3,053 Total current liabilities 9,299 6,443 Non-current liabilities 1,516 778 Total liabilities 10,815 7,221
Commitments and contingencies
Shareholders' equity: Common stock, no par value; 1,800,000,000 shares authorized; 872,328,972 and 855,262,568 shares issued and outstanding, respectively 5,368 4,355 Retained earnings 9,101 5,607 Accumulated other comprehensive income 63 22 Total shareholders' equity 14,532 9,984
Total liabilities and shareholders' equity $25,347 $17,205
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except share and per share amounts)
Three Months Ended Twelve Months Ended September September September September 29, 30, 29, 30, 2007 2006 2007 2006
Net sales $6,217 $4,837 $24,006 $19,315 Cost of sales (1) 4,127 3,425 15,852 13,717 Gross margin 2,090 1,412 8,154 5,598 Operating expenses: Research and development (1) 207 179 782 712 Selling, general, and administrative (1) 823 625 2,963 2,433
Total operating expenses 1,030 804 3,745 3,145
Operating income 1,060 608 4,409 2,453
Other income and expense 170 113 599 365
Income before provision for income taxes 1,230 721 5,008 2,818
Provision for income taxes 326 179 1,512 829
Net income $904 $542 $3,496 $1,989
Earnings per common share: Basic $1.04 $0.63 $4.04 $2.36 Diluted $1.01 $0.62 $3.93 $2.27
Shares used in computing earnings per share (in thousands): Basic 870,881 854,187 864,595 844,058 Diluted 895,666 878,757 889,292 877,526
(1) Stock-based compensation expense was allocated as follows: Cost of sales $10 $5 $35 $21 Research and development $21 $13 $77 $53 Selling, general, and administrative $37 $22 $130 $89
UNAUDITED CONSOLIDATED SCHEDULE OF DEFERRED REVENUE
(in millions)
September June March September 29, 30, 31, 30, 2007 2007 2007 2006 Deferred revenue-current: iPhone and Apple TV $346 $92 $10 $- AppleCare 430 399 373 333 Other 634 572 520 385 Total deferred revenue-current 1,410 1,063 903 718
Deferred revenue-non-current: iPhone and Apple TV 290 88 10 - AppleCare 495 435 392 355 Other 45 38 31 28 Total deferred revenue-non-current 830 561 43 383
Total deferred revenue $2,240 $1,624 $1,336 $1,101
Apple Inc. Q4 2007 Unaudited Summary Data
Q3 2007 Q4 2006 Q4 2007 CPU Rev CPU Rev CPU Rev Operating Segments Units K $M Units K $M Units K $M Americas 824 $2,680 781 $2,348 965 $2,928 Europe 393 1,160 342 988 499 1,339 Japan 81 258 62 286 72 255 Retail 330 915 323 884 473 1,251 Other Segments (1) 136 397 102 331 155 444 Total Operating Segments 1,764 $5,410 1,610 $4,837 2,164 $6,217
Rev Rev Rev Units K $M Units K $M Units K $M Product Summary Desktops (2) 634 $956 624 $869 817 $1,195 Portables (3) 1,130 1,577 986 1,344 1,347 1,908
Subtotal CPUs 1,764 2,533 1,610 2,213 2,164 3,103 iPod 9,815 1,570 8,729 1,559 10,200 1,619 Other Music Related Products and Services (4) 608 452 601 iPhone and Related Products & Services (5) 270 5 - - 1,119 118 Peripherals and Other Hardware 308 297 346 Software, Service and Other Sales 386 316 430 Total Apple $5,410 $4,837 $6,217
Sequential Change Year/Year Change CPU CPU Operating Segments Units Revenue Units Revenue Americas 17% 9% 24% 25% Europe 27% 15% 46% 36% Japan - 11% - 1% 16% - 11% Retail 43% 37% 46% 42% Other Segments (1) 14% 12% 52% 34% Total Operating Segments 23% 15% 34% 29%
Sequential Change Year/Year Change Units Revenue Units Revenue Product Summary Desktops (2) 29% 25% 31% 38% Portables (3) 19% 21% 37% 42%
Subtotal CPUs 23% 23% 34% 40% iPod 4% 3% 17% 4% Other Music Related Products and Services (4) - 1% 33% iPhone and Related Products & Services (5) NM NM NM NM Peripherals and Other Hardware 12% 16% Software, Service and Other Sales 11% 36% Total Apple 15% 29%
(1) Other Segments include Asia Pacific and FileMaker. (2) Includes iMac, eMac, Mac mini, Mac Pro, PowerMac and Xserve product lines. (3) Includes MacBook, iBook, MacBook Pro and PowerBook product lines. (4) Consists of iTunes Store sales, iPod services, and Apple-branded and third-party iPod accessories. (5) Units consist of iPhone handset sales; revenue is derived from handset sales, carrier agreements, and Apple-branded and third-party iPhone accessories.
Source: Apple
Quarterly Mac Sales Set New Record Quarterly iPhone Sales Exceed One Million
CUPERTINO, Calif., Oct. 22 -- Apple® today announced financial results for its fiscal 2007 fourth quarter ended September 29, 2007. The Company posted revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share. These results compare to revenue of $4.84 billion and net quarterly profit of $542 million, or $.62 per diluted share, in the year-ago quarter. Gross margin was 33.6 percent, up from 29.2 percent in the year-ago quarter. International sales accounted for 40 percent of the quarter's revenue.Apple shipped 2,164,000 Macintosh® computers, representing 34 percent growth over the year-ago quarter and exceeding the previous quarterly record for Mac® shipments by 400,000. The Company sold 10,200,000 iPods during the quarter, representing 17 percent growth over the year-ago quarter. Quarterly iPhone(TM) sales were 1,119,000, bringing cumulative fiscal 2007 sales to 1,389,000.
"We are very pleased to have generated over $24 billion in revenue and $3.5 billion in net income in fiscal 2007," said Steve Jobs, Apple's CEO. "We're looking forward to a strong December quarter as we enter the holiday season with Apple's best products ever."
"Apple ended the fiscal year with $15.4 billion in cash and no debt," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the first quarter of fiscal 2008, we expect revenue of about $9.2 billion and earnings per diluted share of about $1.42."
Apple will provide live streaming of its Q4 2007 financial results conference call utilizing QuickTime®, Apple's standards-based technology for live and on-demand audio and video streaming. The live webcast will begin at 2:00 p.m. PDT on Monday, October 22, 2007 at http://www.apple.com/quicktime/qtv/earningsq407/ and will also be available for replay.
This press release contains forward-looking statements about the Company's estimated revenue and earnings per share. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include potential litigation and government enforcement actions that may result from the matters investigated by the special committee of the board of directors and the restatement of the Company's consolidated financial statements; unfavorable results of legal proceedings; the effect of competitive and economic factors, and the Company's reaction to those factors, on consumer and business buying decisions with respect to the Company's products; war, terrorism, public health issues, and other circumstances that could disrupt supply, delivery, or demand of products; continued competitive pressures in the marketplace; the Company's reliance on sole service providers for iPhone in the U.S., U.K., Germany and France; the continued availability on acceptable terms of certain components and services essential to the Company's business currently obtained by the Company from sole or limited sources; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company's gross margin; the effect that product quality problems could have on the Company's sales and operating profits; the inventory risk associated with the Company's need to order or commit to order product components in advance of customer orders; the effect that the Company's dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; the Company's dependency on the performance of distributors and other resellers of the Company's products; the Company's reliance on the availability of third-party digital content; and the potential impact of a finding that the Company has infringed on the intellectual property rights of others. More information on potential factors that could affect the Company's financial results is included from time to time in the Company's public reports filed with the SEC, including the Company's Form 10-K for the fiscal year ended September 30, 2006, its Forms 10-Q for the quarters ended December 30, 2006, March 31, 2007, and June 30, 2007, and its Form 10-K for the year ended September 29, 2007 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.
Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award- winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market this year with its revolutionary iPhone.
© 2007 Apple Inc. All rights reserved. Apple, the Apple logo, Mac, Mac OS, Macintosh, iPhone and QuickTime are trademarks of Apple. Other company and product names may be trademarks of their respective owners.
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(in millions, except share amounts)
September 29, September 30, 2007 2006 ASSETS: Current assets: Cash and cash equivalents $9,352 $6,392 Short-term investments 6,034 3,718 Accounts receivable, less allowances of $47 and $52, respectively 1,637 1,252 Inventories 346 270 Deferred tax assets 782 607 Other current assets 3,805 2,270 Total current assets 21,956 14,509
Property, plant and equipment, net 1,832 1,281 Goodwill 38 38 Acquired intangible assets, net 299 139 Other assets 1,222 1,238
Total assets $25,347 $17,205
LIABILITIES AND SHAREHOLDERS' EQUITY:
Current liabilities: Accounts payable $4,970 $3,390 Accrued expenses 4,329 3,053 Total current liabilities 9,299 6,443 Non-current liabilities 1,516 778 Total liabilities 10,815 7,221
Commitments and contingencies
Shareholders' equity: Common stock, no par value; 1,800,000,000 shares authorized; 872,328,972 and 855,262,568 shares issued and outstanding, respectively 5,368 4,355 Retained earnings 9,101 5,607 Accumulated other comprehensive income 63 22 Total shareholders' equity 14,532 9,984
Total liabilities and shareholders' equity $25,347 $17,205
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except share and per share amounts)
Three Months Ended Twelve Months Ended September September September September 29, 30, 29, 30, 2007 2006 2007 2006
Net sales $6,217 $4,837 $24,006 $19,315 Cost of sales (1) 4,127 3,425 15,852 13,717 Gross margin 2,090 1,412 8,154 5,598 Operating expenses: Research and development (1) 207 179 782 712 Selling, general, and administrative (1) 823 625 2,963 2,433
Total operating expenses 1,030 804 3,745 3,145
Operating income 1,060 608 4,409 2,453
Other income and expense 170 113 599 365
Income before provision for income taxes 1,230 721 5,008 2,818
Provision for income taxes 326 179 1,512 829
Net income $904 $542 $3,496 $1,989
Earnings per common share: Basic $1.04 $0.63 $4.04 $2.36 Diluted $1.01 $0.62 $3.93 $2.27
Shares used in computing earnings per share (in thousands): Basic 870,881 854,187 864,595 844,058 Diluted 895,666 878,757 889,292 877,526
(1) Stock-based compensation expense was allocated as follows: Cost of sales $10 $5 $35 $21 Research and development $21 $13 $77 $53 Selling, general, and administrative $37 $22 $130 $89
UNAUDITED CONSOLIDATED SCHEDULE OF DEFERRED REVENUE
(in millions)
September June March September 29, 30, 31, 30, 2007 2007 2007 2006 Deferred revenue-current: iPhone and Apple TV $346 $92 $10 $- AppleCare 430 399 373 333 Other 634 572 520 385 Total deferred revenue-current 1,410 1,063 903 718
Deferred revenue-non-current: iPhone and Apple TV 290 88 10 - AppleCare 495 435 392 355 Other 45 38 31 28 Total deferred revenue-non-current 830 561 43 383
Total deferred revenue $2,240 $1,624 $1,336 $1,101
Apple Inc. Q4 2007 Unaudited Summary Data
Q3 2007 Q4 2006 Q4 2007 CPU Rev CPU Rev CPU Rev Operating Segments Units K $M Units K $M Units K $M Americas 824 $2,680 781 $2,348 965 $2,928 Europe 393 1,160 342 988 499 1,339 Japan 81 258 62 286 72 255 Retail 330 915 323 884 473 1,251 Other Segments (1) 136 397 102 331 155 444 Total Operating Segments 1,764 $5,410 1,610 $4,837 2,164 $6,217
Rev Rev Rev Units K $M Units K $M Units K $M Product Summary Desktops (2) 634 $956 624 $869 817 $1,195 Portables (3) 1,130 1,577 986 1,344 1,347 1,908
Subtotal CPUs 1,764 2,533 1,610 2,213 2,164 3,103 iPod 9,815 1,570 8,729 1,559 10,200 1,619 Other Music Related Products and Services (4) 608 452 601 iPhone and Related Products & Services (5) 270 5 - - 1,119 118 Peripherals and Other Hardware 308 297 346 Software, Service and Other Sales 386 316 430 Total Apple $5,410 $4,837 $6,217
Sequential Change Year/Year Change CPU CPU Operating Segments Units Revenue Units Revenue Americas 17% 9% 24% 25% Europe 27% 15% 46% 36% Japan - 11% - 1% 16% - 11% Retail 43% 37% 46% 42% Other Segments (1) 14% 12% 52% 34% Total Operating Segments 23% 15% 34% 29%
Sequential Change Year/Year Change Units Revenue Units Revenue Product Summary Desktops (2) 29% 25% 31% 38% Portables (3) 19% 21% 37% 42%
Subtotal CPUs 23% 23% 34% 40% iPod 4% 3% 17% 4% Other Music Related Products and Services (4) - 1% 33% iPhone and Related Products & Services (5) NM NM NM NM Peripherals and Other Hardware 12% 16% Software, Service and Other Sales 11% 36% Total Apple 15% 29%
(1) Other Segments include Asia Pacific and FileMaker. (2) Includes iMac, eMac, Mac mini, Mac Pro, PowerMac and Xserve product lines. (3) Includes MacBook, iBook, MacBook Pro and PowerBook product lines. (4) Consists of iTunes Store sales, iPod services, and Apple-branded and third-party iPod accessories. (5) Units consist of iPhone handset sales; revenue is derived from handset sales, carrier agreements, and Apple-branded and third-party iPhone accessories.
Source: Apple
Tuesday, May 08, 2007
music business will total $26.5 billion in 2011
eMarketer reports on the growth potential and ongoing changes in music industry-
According to the report -"CD sales will continue to decline sharply, the music industry as a whole is healthy, and growth in many other areas will more than make up for the shortfall.
Growth will come from online and mobile music, the live concert industry and the licensing of music for public performance, commercials, TV shows, films and video games, according to eMarketer's report Global Music: Tuning in to New Opportunities.
...
In North America, the music business will total $26.5 billion in 2011, growing at an average annual rate of 2.8% from $23.1 billion in 2006. Recorded music revenues will remain flat as declining CD sales cancel out the sharp gains in digital sales. Music publishing and live music, however, will grow."
I have said many times- nothing compares to a live concert - and as a fan I see I am paying more and more each time - so the industry must be cashing in !
According to the report -"CD sales will continue to decline sharply, the music industry as a whole is healthy, and growth in many other areas will more than make up for the shortfall.
Growth will come from online and mobile music, the live concert industry and the licensing of music for public performance, commercials, TV shows, films and video games, according to eMarketer's report Global Music: Tuning in to New Opportunities.
...
In North America, the music business will total $26.5 billion in 2011, growing at an average annual rate of 2.8% from $23.1 billion in 2006. Recorded music revenues will remain flat as declining CD sales cancel out the sharp gains in digital sales. Music publishing and live music, however, will grow."
I have said many times- nothing compares to a live concert - and as a fan I see I am paying more and more each time - so the industry must be cashing in !
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