-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JJh9TV5pDDL9pU76g21d/0YKt5rGw52EdMiS+Y2wMA0rAom9JTbDsv8BlBNX7UL2 bAEedJFQGW38kCt6kHZrYA== 0001104659-06-025992.txt : 20060419 0001104659-06-025992.hdr.sgml : 20060419 20060419162916 ACCESSION NUMBER: 0001104659-06-025992 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20060419 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060419 DATE AS OF CHANGE: 20060419 FILER: COMPANY DATA: COMPANY CONFORMED NAME: APPLE COMPUTER INC CENTRAL INDEX KEY: 0000320193 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 942404110 STATE OF INCORPORATION: CA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10030 FILM NUMBER: 06767561 BUSINESS ADDRESS: STREET 1: 1 INFINITE LOOP CITY: CUPERTINO STATE: CA ZIP: 95014 BUSINESS PHONE: 4089961010 MAIL ADDRESS: STREET 1: ONE INFINITE LOOP CITY: CUPERTINO STATE: CA ZIP: 95014 8-K 1 a06-10013_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

 

April 19, 2006

Date of Report (date of earliest event reported)

 

APPLE COMPUTER, INC.

(Exact name of Registrant as specified in its charter)

 

California

 

0-10030

 

94-2404110

(State or other
jurisdiction of
incorporation)

 

(Commission File
Number)

 

(I.R.S. Employer
Identification Number)

 

1 Infinite Loop, Cupertino, CA 95014

(Address of principal executive offices)

 

(408) 996-1010

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed
since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

Item 2.02               Results of Operations and Financial Condition

 

On April 19, 2006, Apple Computer, Inc. (Apple) issued a press release regarding Apple’s financial results for its second fiscal quarter ended April 1, 2006 and a related data sheet. A copy of Apple’s press release is attached hereto as Exhibit 99.1 and a copy of the related data sheet is attached hereto as Exhibit 99.2.

 

The information contained in this Current Report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

 Item 9.01              Financial Statements and Exhibits

 

(d) Exhibits

 

The following exhibits are furnished herewith:

 

Exhibit
Number

 

Description

 

 

 

99.1

 

Text of press release issued by Apple Computer, Inc. dated April 19, 2006.

 

 

 

99.2

 

Data sheet issued by Apple Computer, Inc. dated April 19, 2006.

 

2


 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

APPLE COMPUTER, INC.

Date: April 19, 2006

 

 

 

By:

/s/ Peter Oppenheimer

 

 

Peter Oppenheimer
Senior Vice President and
Chief Financial Officer

 

3


 

EXHIBIT INDEX

 

Exhibit
Number

 

Description

 

 

 

99.1

 

Text of press release issued by Apple Computer, Inc. dated April 19, 2006.

 

 

 

99.2

 

Data sheet issued by Apple Computer, Inc. dated April 19, 2006.

 

4

 EX-99.1 2 a06-10013_1ex99d1.htm EX-99

Exhibit 99.1

 

Apple Reports Second Quarter Results

 

Revenue Grows 34 Percent Year-over-Year; Earnings Increase 41 Percent

 

CUPERTINO, California—April 19, 2006—Apple® today announced financial results for its fiscal 2006 second quarter ended April 1, 2006. The Company posted revenue of $4.36 billion and a net quarterly profit of $410 million, or $.47 per diluted share. These results compare to revenue of $3.24 billion and a net profit of $290 million, or $.34 per diluted share, in the year-ago quarter. Gross margin was 29.8 percent, equivalent to the year-ago quarter. International sales accounted for 43 percent of the quarter’s revenue.

 

Apple shipped 1,112,000 Macintosh® computers and 8,526,000 iPods during the quarter, representing 4 percent growth in Macs and 61 percent growth in iPods over the year-ago quarter.

 

“We’ve generated over $10 billion in revenue and almost $1 billion in earnings in the first half of fiscal 2006,” said Steve Jobs, Apple’s CEO. “Our transition to Intel processors is going very well, and our music business just experienced another quarter of outstanding growth.”

 

“We’re very pleased to report the second highest quarterly sales in Apple’s history, resulting in year-over-year revenue growth of 34 percent and earnings growth of 41 percent,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the third quarter of fiscal 2006, we expect revenue of about $4.2 to $4.4 billion. We expect GAAP earnings per diluted share of about $.39 to $.43, including an estimated $.04 per share expense impact from non-cash stock-based compensation, translating to non-GAAP EPS of about $.43 to $.47.”

 

Apple will provide live streaming of its Q2 2006 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 Wednesday, April 19, 2006 at http://www.apple.com/quicktime/qtv/earningsq206/ and will also be available for replay. The QuickTime player is available free for Macintosh and Windows users at www.apple.com/quicktime.

 


 

This press release contains forward-looking statements about the Company’s estimated revenue and earnings per share as well as the estimated expense impact of non-cash stock-based compensation for the third quarter of fiscal 2006. These statements involve risks and uncertainties and actual results may differ. Potential risks and uncertainties include continued competitive pressures in the marketplace; the effect competitive and economic factors and the Company’s reaction to them may have on consumer and business buying decisions with respect to the Company’s products; the ability of the Company to make timely delivery of new programs, products and successful technological innovations to the marketplace; 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 including G4 and G5 microprocessors; possible disruption in commercial activities caused by terrorist activity and armed conflict, such as changes in logistics and security arrangements, and reduced end-user purchases relative to expectations; possible disruption in commercial activity as a result of natural disasters or major health concerns including epidemics; risks associated with the Company’s retail initiative including significant investment cost, uncertain consumer acceptance and potential impact on existing reseller relationships; 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 reliance on the availability of third-party digital content; the ability of the Company to successfully evolve its operating system; the ability of the Company to make timely delivery of new products with Intel microprocessors and related hardware and software technological changes and innovations to support Intel microprocessors; the development and availability on acceptable terms of components and services essential to enable the Company to deliver products based on Intel microprocessors in a timely manner; the Company’s dependency on third-party software developers to timely develop future applications that support Intel microprocessors and Power PC microprocessors; and the potential negative ramifications of the transition of all Macs to Intel microprocessors by the end of calendar 2006, or the announcement of such planned transition, for sales of current or future Mac products with Power PC processors as well as for the Company’s obligations under component purchase agreements. 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 24, 2005, the Company’s Form 10-Q for the quarter ended December 31, 2005, and the Company’s Form 10-Q for the quarter ended April 1, 2006 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 desktop and notebook computers, OS X operating system, and iLife and professional applications. Apple is also spearheading the digital music revolution with its iPod portable music players and iTunes online music store.

 


 

Press Contact:

Steve Dowling

(408) 974-1896

dowling@apple.com

 

Investor Relations Contacts:

Nancy Paxton

(408) 974-5420

paxton1@apple.com

 

Joan Hoover

(408) 974-4570

hoover1@apple.com

 

NOTE TO EDITORS: For additional information visit Apple’s PR website (www.apple.com/pr/), or call Apple’s Media Helpline at (408) 974-2042.

 

© 2006 Apple Computer, Inc. All rights reserved. Apple, the Apple logo, Mac, Mac OS, Macintosh 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)

 

 

 

April 1,

 

September 24,

 

 

 

2006

 

2005

 

ASSETS:

 

 

 

 

 

Current assets:

 

 

 

 

 

Cash and cash equivalents

 

$

6,346

 

$

3,491

 

Short-term investments

 

1,880

 

4,770

 

Accounts receivable, less allowances of $48 and $46, respectively

 

861

 

895

 

Inventories

 

204

 

165

 

Deferred tax assets

 

459

 

331

 

Other current assets

 

1,536

 

648

 

Total current assets

 

11,286

 

10,300

 

Property, plant, and equipment, net

 

1,005

 

817

 

Goodwill

 

69

 

69

 

Acquired intangible assets

 

41

 

27

 

Other assets

 

1,510

 

338

 

Total assets

 

$

13,911

 

$

11,551

 

 

 

 

 

 

 

LIABILITIES AND SHAREHOLDERS’ EQUITY:

 

 

 

 

 

Current liabilities:

 

 

 

 

 

Accounts payable

 

$

2,108

 

$

1,779

 

Accrued expenses

 

2,348

 

1,705

 

Total current liabilities

 

4,456

 

3,484

 

Non-current liabilities

 

773

 

601

 

Total liabilities

 

5,229

 

4,085

 

 

 

 

 

 

 

Commitments and contingencies

 

 

 

 

 

 

 

 

 

 

 

Shareholders’ equity:

 

 

 

 

 

Common stock, no par value; 1,800,000,000 shares authorized; 849,188,157 and 835,019,364 shares issued and outstanding, respectively

 

4,014

 

3,521

 

Deferred stock compensation

 

—

 

(60

)

Retained earnings

 

4,673

 

4,005

 

Accumulated other comprehensive income (loss)

 

(5

)

—

 

Total shareholders’ equity

 

8,682

 

7,466

 

Total liabilities and shareholders’ equity

 

$

13,911

 

$

11,551

 

 


 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

 

(In millions, except share and per share amounts)

 

 

 

THREE MONTHS ENDED

 

SIX MONTHS ENDED

 

 

 

April 1,

 

March 26,

 

April 1,

 

March 26,

 

 

 

2006

 

2005

 

2006

 

2005

 

Net sales

 

$

4,359

 

$

3,243

 

$

10,108

 

$

6,733

 

Cost of sales

 

3,062

 

2,275

 

7,247

 

4,769

 

Gross margin

 

1,297

 

968

 

2,861

 

1,964

 

Operating expenses:

 

 

 

 

 

 

 

 

 

Research and development

 

176

 

119

 

358

 

242

 

Selling, general, and administrative

 

592

 

447

 

1,224

 

917

 

Total operating expenses

 

768

 

566

 

1,582

 

1,159

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

529

 

402

 

1,279

 

805

 

 

 

 

 

 

 

 

 

 

 

Other income and expense

 

76

 

33

 

157

 

59

 

 

 

 

 

 

 

 

 

 

 

Income before provision for income taxes

 

605

 

435

 

1,436

 

864

 

Provision for income taxes

 

195

 

145

 

461

 

279

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

410

 

$

290

 

$

975

 

$

585

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.49

 

$

0.36

 

$

1.17

 

$

0.73

 

Diluted

 

$

0.47

 

$

0.34

 

$

1.11

 

$

0.69

 

Shares used in computing earnings per share (in thousands):

 

 

 

 

 

 

 

 

 

Basic

 

840,910

 

808,172

 

835,658

 

798,602

 

Diluted

 

878,537

 

857,011

 

875,725

 

848,553

 

 


 

RECONCILIATION OF NON-GAAP TO GAAP RESULTS OF OPERATIONS

 

(In millions, except share and per share amounts)

 

 

 

Three Months Ended April 1, 2006

 

Three Months Ended March 26, 2005

 

 

 

As
Reported

 

Non-GAAP
Adjustments

  (a)

Non-GAAP

 

As
Reported

 

Non-GAAP
Adjustments

  (a)

Non-GAAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Margin

 

$

1,297

 

$

5

   (b)

$

1,302

 

$

968

 

$

1

   (c)

$

969

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Margin Percentage

 

29.8

%

0.1

%(b)

29.9

%

29.8

%

0.1

%(c)

29.9

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

$

529

 

$

42

   (b)

$

571

 

$

402

 

$

10

   (c)

$

412

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Margin Percentage

 

12.1

%

1.0

%(b)

13.1

%

12.4

%

0.3

%(c)

12.7

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Provision for income taxes

 

$

195

 

$

12

   (d)

$

207

 

$

145

 

$

1

   (d)

$

146

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

410

 

$

30

 

$

440

 

$

290

 

$

9

 

$

299

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.49

 

 

 

$

0.52

 

$

0.36

 

 

 

$

0.37

 

Diluted

 

$

0.47

 

 

 

$

0.50

 

$

0.34

 

 

 

$

0.35

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in computing earnings per share (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

840,910

 

 

 

840,910

 

808,172

 

 

 

808,172

 

Diluted

 

878,537

 

 

 

878,537

 

857,011

 

 

 

857,011

 

 

(a)       These adjustments reconcile the Company’s GAAP results of operations to its non-GAAP results of operations. The Company believes that presentation of results excluding items such as non-cash stock-based compensation, restructuring costs, and investment gains provides meaningful supplemental information to both management and investors that is indicative of the Company’s core operating results and facilitates comparison of operating results across reporting periods. The Company uses these non-GAAP measures when evaluating its financial results as well as for internal planning and forecasting purposes.  These non-GAAP measures should not be viewed as a substitute for the Company’s GAAP results. The Company adopted the fair-value recognition provisions of SFAS No. 123 revised (123R) to expense stock-based compensation in its fiscal quarter ended December 31, 2005.  Prior to the adoption of SFAS No. 123R, the Company accounted for employee stock-based compensation using the intrinsic value method prescribed by APB No. 25.

 

(b)       These adjustments reflect the non-cash stock-based compensation expense as measured under SFAS No. 123R related to unvested stock awards, including stock options, restricted stock, restricted stock units, and employee stock purchase plan shares.  The fair-value calculated expense as determined on the awards’ grant date is recognized as the requisite service is rendered.

 

(c)        These adjustments reflect the non-cash compensation expense as measured under APB No. 25 related primarily to restricted stock awarded to the Company’s CEO in fiscal 2003 and restricted stock units awarded to selected members of the Company’s senior management team in fiscal 2004 and 2005. Note that neither the Company’s GAAP nor non-GAAP results of operations in fiscal year 2005 included the accounting impact had the Company chosen to apply the fair-value recognition provisions of SFAS No. 123R.

 

(d)       Amount reflects the expected tax impact on the above noted non-GAAP adjustments.

 


 

RECONCILIATION OF NON-GAAP TO GAAP RESULTS OF OPERATIONS

 

(In millions, except share and per share amounts)

 

 

 

Six Months Ended April 1, 2006

 

Six Months Ended March 26, 2005

 

 

 

As
Reported

 

Non-GAAP
Adjustments

  (a)

Non-GAAP

 

As
Reported

 

Non-GAAP
Adjustments

  (a)

Non-GAAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Margin

 

$

2,861

 

$

10

   (b)

$

2,871

 

$

1,964

 

$

1

   (c)

$

1,965

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Margin Percentage

 

28.3

%

0.1

%(b)

28.4

%

29.2

%

—

   (c)

29.2

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Income

 

$

1,279

 

$

86

   (b)

$

1,365

 

$

805

 

$

20

   (c)

$

825

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Margin Percentage

 

12.7

%

0.8

%(b)

13.5

%

12.0

%

0.3

%(c)

12.3

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Provision for income taxes

 

$

461

 

$

26

   (d)

$

487

 

$

279

 

$

2

   (d)

$

281

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

975

 

$

60

 

$

1,035

 

$

585

 

$

18

 

$

603

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.17

 

 

 

$

1.24

 

$

0.73

 

 

 

$

0.76

 

Diluted

 

$

1.11

 

 

 

$

1.18

 

$

0.69

 

 

 

$

0.71

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in computing earnings per share (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

835,658

 

 

 

835,658

 

798,602

 

 

 

798,602

 

Diluted

 

875,725

 

 

 

875,725

 

848,553

 

 

 

848,553

 

 

(a)       These adjustments reconcile the Company’s GAAP results of operations to its non-GAAP results of operations. The Company believes that presentation of results excluding items such as non-cash stock-based compensation, restructuring costs, and investment gains provides meaningful supplemental information to both management and investors that is indicative of the Company’s core operating results and facilitates comparison of operating results across reporting periods. The Company uses these non-GAAP measures when evaluating its financial results as well as for internal planning and forecasting purposes.  These non-GAAP measures should not be viewed as a substitute for the Company’s GAAP results. The Company adopted the fair-value recognition provisions of SFAS No. 123 revised (123R) to expense stock-based compensation in its fiscal quarter ended December 31, 2005.  Prior to the adoption of SFAS No. 123R, the Company accounted for employee stock-based compensation using the intrinsic value method prescribed by APB No. 25.

 

(b)       These adjustments reflect the non-cash stock-based compensation expense as measured under SFAS No. 123R related to unvested stock awards, including stock options, restricted stock, restricted stock units, and employee stock purchase plan shares.  The fair-value calculated expense as determined on the awards’ grant date is recognized as the requisite service is rendered.

 

(c)        These adjustments reflect the non-cash compensation expense as measured under APB No. 25 related primarily to restricted stock awarded to the Company’s CEO in fiscal 2003 and restricted stock units awarded to selected members of the Company’s senior management team in fiscal 2004 and 2005. Note that neither the Company’s GAAP nor non-GAAP results of operations in fiscal year 2005 included the accounting impact had the Company chosen to apply the fair-value recognition provisions of SFAS No. 123R.

 

(d)       Amount reflects the expected tax impact on the above noted non-GAAP adjustments.

 


 

RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL GUIDANCE SUMMARY

 

(In millions, except per share amounts)

 

The financial guidance provided below is an estimate based on information available as of April 19, 2006. The Company’s future performance and financial results are subject to risks and uncertainties, and actual results could differ materially from the guidance set forth below. Some of the factors that could affect the Company’s financial results are stated above in this press release. 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 24, 2005, the Company’s Form 10-Q for the quarter ended December 31, 2005, and the Company’s Form 10-Q for the quarter ended April 1, 2006 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.

 

 

 

Q3 2006 Financial Guidance Summary

 

 

 

GAAP

 

Non-GAAP Adjustments

 (a)

Non-GAAP

 

 

 

 

 

 

 

 

 

Gross margin percentage

 

28.4

%

0.1

%(b)

28.5

%

 

 

 

 

 

 

 

 

Operating expenses

 

$

775

 

$

(45)

   (b)

$

730

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$

0.39 - $0.43

 

$

0.04

   (c)

$

0.43 - $0.47

 

 

(a)       These adjustments reconcile the Company’s GAAP to its non-GAAP financial guidance for the third quarter of fiscal 2006. The Company believes that excluding items such as non-cash stock-based compensation provides meaningful supplemental information to both management and investors that is indicative of the Company’s core operating results and facilitates comparison of operating results across reporting periods. The Company uses these non-GAAP measures when evaluating its financial results as well as for internal planning and forecasting purposes.  These non-GAAP measures should not be viewed as a substitute for the Company’s GAAP results.

 

(b)       Reflects the expected non-cash compensation expense attributable to stock-based compensation awards including stock options, restricted stock, restricted stock units, and employee stock purchase plan shares. This amount reflects the total estimated expense from the application of SFAS No. 123R, which the Company adopted in the first quarter of fiscal 2006.

 

(c)        This adjustment represents the expected net of tax impact on earnings per share from the non-GAAP adjustments related to stock-based compensation expense.

 

 EX-99.2 3 a06-10013_1ex99d2.htm EX-99

Exhibit 99.2

 

Apple Computer, Inc.

Q2 2006 Unaudited Summary Data

 

 

 

Q1 2006 Actual

 

Q2 2005 Actual

 

Q2 2006 Actual

 

Sequential Change

 

Year/Year Change

 

Operating Segments

 

CPU Units K

 

Rev $M

 

CPU Units K

 

Rev $M

 

CPU Units K

 

Rev $M

 

Units

 

Revenue

 

Units

 

Revenue

 

Americas

 

515

 

$

2,700

 

477

 

$

1,443

 

494

 

$

2,122

 

- 4

%

- 21

%

4

%

47

%

Europe

 

387

 

1,242

 

276

 

705

 

316

 

966

 

- 18

%

- 22

%

14

%

37

%

Japan

 

81

 

355

 

102

 

284

 

82

 

309

 

1

%

- 13

%

- 20

%

9

%

Retail

 

193

 

1,072

 

144

 

571

 

154

 

636

 

- 20

%

- 41

%

7

%

11

%

Other Segments (1)

 

78

 

380

 

71

 

240

 

66

 

326

 

- 15

%

- 14

%

- 7

%

36

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Operating Segments

 

1,254

 

$

5,749

 

1,070

 

$

3,243

 

1,112

 

$

4,359

 

- 11

%

- 24

%

4

%

34

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sequential Change

 

Year/Year Change

 

 

 

Units K

 

Rev $M

 

Units K

 

Rev $M

 

Units K

 

Rev $M

 

Units

 

Revenue

 

Units

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Desktops (2)

 

667

 

$

912

 

608

 

$

803

 

614

 

$

833

 

- 8

%

- 9

%

1

%

4

%

Portables (3)

 

587

 

812

 

462

 

691

 

498

 

739

 

- 15

%

- 9

%

8

%

7

%

Subtotal CPUs

 

1,254

 

1,724

 

1,070

 

1,494

 

1,112

 

1,572

 

- 11

%

- 9

%

4

%

5

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

iPod

 

14,043

 

2,906

 

5,311

 

1,014

 

8,526

 

1,714

 

- 39

%

- 41

%

61

%

69

%

Other Music Related Products and Services (4)

 

NM

 

491

 

NM

 

216

 

NM

 

485

 

NM

- 1

%

NM

125

%

Peripherals and Other Hardware

 

NM

 

303

 

NM

 

280

 

NM

 

264

 

NM

- 13

%

NM

- 6

%

Software, Service and Other Sales

 

NM

 

325

 

NM

 

239

 

NM

 

324

 

NM

0

%

NM

36

%

Total Apple

 

 

 

$

5,749

 

 

 

$

3,243

 

 

 

$

4,359

 

 

 

- 24

%

 

 

34

%

 

(1)   Other Segments include Asia Pacific and FileMaker.

(2)   Includes iMac, eMac, Mac mini, PowerMac and Xserve product lines.

(3)   Includes iBook, PowerBook and MacBook Pro product lines.

(4)   Consists of iTunes Music Store sales, iPod services, and Apple-branded and third-party iPod accessories.

 

NM: Not Meaningful

 

 -----END PRIVACY-ENHANCED MESSAGE-----