Apple Posts $44 Million Fourth Quarter Profit -- Apple Computer reported a $44 million profit on $1.715 billion in revenue for its fourth fiscal quarter of 2003. Gross margins for the quarter were at 26.6 percent, and international customers accounted for only 38 percent of the revenue. Although approximately $15 million of the quarter's revenues were due to one-time events like stock repurchases and investment gains, Apple shipped 787,000 Macs during the quarter (only part of which included sales of Apple's new 15-inch PowerBooks and Power Mac G5 systems) as well as 336,000 iPods. Company representatives estimate revenues for the next quarter - which includes the much-anticipated holiday buying season - will increase to approximately $1.9 billion. [GD]
Thoughtful, detailed coverage of the Mac, iPhone, and iPad, plus the best-selling Take Control ebooks.
Set Password Activation Time in Snow Leopard
In Snow Leopard, you can now set an amount of time after your Mac goes to sleep or engages the screen saver before it requires a password to log back on. In Leopard, the option was simply to require the password or not. Choose among several increments, between 5 seconds and 4 hours, from System Preferences > Security.
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Doug McLean
Other articles in the series Apple Financials
- Apple Posts Strong Q4 2006 Financials (23 Oct 06)
- Apple Reports $472 Million Q3 2006 Profit (24 Jul 06)
- Apple Posts $410 Million Q2 2006 Profit (01 May 06)
- Apple Posts $565 Million Q1 2006 Profit (23 Jan 06)
- Apple Quadruples Q4 Profit (17 Oct 05)
- Apple Revenue Balloons to $3.5 Billion in Third Quarter (18 Jul 05)
- Apple Posts Highest Ever First Quarter Profit (17 Jan 05)
- Apple Reports $106 Million Fourth Quarter Profit (18 Oct 04)
- Apple Posts $61 million Q3 Profit, Confirms G5 iMacs (19 Jul 04)
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- Apple Posts $8 Million Loss (20 Jan 03)
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Apple Posts $44 Million Fourth Quarter Profit
by Geoff Duncan 
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