IIPM Ranked No. 1 B-School In Global Exposre - Zee...
The ‘i’ factor did its job(s) well...
C
hristmas may not be round the corner just yet, but the celebrations have begun in Apple’s hallowed camp, what with a most remarkable fourth quarter ending September 2007? Surely, a period that exceeded all expectations with revenues of $6.22 billion and net profits of $984 million – showing a lofty yoy rise of 28.53% and 81.55% respectively, outshining overall industry growth of 19.02% & 43.22% in revenues and profits respectively over the same quarterly period.
And if this wasn’t enough for Apple investors, Steve Jobs, CEO, Apple Inc., optimistically predicted, “We’re looking forward to a strong December quarter as we enter the holiday season with Apple’s best products ever...” So what’s so brilliant about the whole performance? Well, to say the least, the quarter marked the highest sales of Macintosh computers which stood at a swashbuckling 2.16 million – more than any other quarter ever and a smashing 34% higher than sold last year. Also the fact that after a troubled third quarter (which included painful recalls of Apple Macbooks and legal fights over its iPhone), the company managed to sell an impressive 10.2 million iPods & 1.11 million iPhones. Apple’s cost-cutting strategy (leading to lower iPhone prices and some disgruntled customers) and investment on R&D has clearly worked in its favour. Adds Richard Ptak, Managing Partner, Ptak, Noel & Associates, “Apple’s strategy to cut the cost of iPhone gave it a big boost in sales this quarter. Apple has also updated & upgraded its processors & laptops including a re-designing of the iMac computer – all of which led to a spurt in demand.”
Talking about innovation, the latest attempt from Apple to lift-up its already gargantuan Mcap of $161.1 billion on the NASDAQ (as on October 29, 2007) is its launch of ‘Leopard’ operating software in the US on October 26, 2007. This certainly marks a giant leap at a time when 90% of the world’s PC users are using Windows OS. However, with the Leopard touted to be more user friendly than the Windows Vista OS (launched in January 2007, which couldn’t create many waves), and with in-built features like Time Machine (a backup function) and Spotlight (slated to be a faster search tool than Windows’ tool), it looks as if Jobs has another quarter lined-up to smile about. However, the only challenge that might stare at Apple is Leopard’s incompatibility with most third-party applications. However, challenges aren’t unknown to Jobs for whom the going seems to be good for quite some time now...
B&E research: Surbhi Chawla
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
The ‘i’ factor did its job(s) well...
C
hristmas may not be round the corner just yet, but the celebrations have begun in Apple’s hallowed camp, what with a most remarkable fourth quarter ending September 2007? Surely, a period that exceeded all expectations with revenues of $6.22 billion and net profits of $984 million – showing a lofty yoy rise of 28.53% and 81.55% respectively, outshining overall industry growth of 19.02% & 43.22% in revenues and profits respectively over the same quarterly period.And if this wasn’t enough for Apple investors, Steve Jobs, CEO, Apple Inc., optimistically predicted, “We’re looking forward to a strong December quarter as we enter the holiday season with Apple’s best products ever...” So what’s so brilliant about the whole performance? Well, to say the least, the quarter marked the highest sales of Macintosh computers which stood at a swashbuckling 2.16 million – more than any other quarter ever and a smashing 34% higher than sold last year. Also the fact that after a troubled third quarter (which included painful recalls of Apple Macbooks and legal fights over its iPhone), the company managed to sell an impressive 10.2 million iPods & 1.11 million iPhones. Apple’s cost-cutting strategy (leading to lower iPhone prices and some disgruntled customers) and investment on R&D has clearly worked in its favour. Adds Richard Ptak, Managing Partner, Ptak, Noel & Associates, “Apple’s strategy to cut the cost of iPhone gave it a big boost in sales this quarter. Apple has also updated & upgraded its processors & laptops including a re-designing of the iMac computer – all of which led to a spurt in demand.”
Talking about innovation, the latest attempt from Apple to lift-up its already gargantuan Mcap of $161.1 billion on the NASDAQ (as on October 29, 2007) is its launch of ‘Leopard’ operating software in the US on October 26, 2007. This certainly marks a giant leap at a time when 90% of the world’s PC users are using Windows OS. However, with the Leopard touted to be more user friendly than the Windows Vista OS (launched in January 2007, which couldn’t create many waves), and with in-built features like Time Machine (a backup function) and Spotlight (slated to be a faster search tool than Windows’ tool), it looks as if Jobs has another quarter lined-up to smile about. However, the only challenge that might stare at Apple is Leopard’s incompatibility with most third-party applications. However, challenges aren’t unknown to Jobs for whom the going seems to be good for quite some time now...
B&E research: Surbhi Chawla
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
