Fred Anderson
Fred Anderson
One of the founders of the Association for the Advancement of Creative Musicians who was an avant garde recording artist. He ran a practice space called the Birdhouse for a few years in the late 1970s.
ProfessionSaxophonist
Date of Birth22 March 1929
CityMonroe, LA
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Strong demand for our professional products combined with superb operational efficiency resulted in very strong earnings. Apple finished the quarter with $3.6 billion in cash and short-term investments.
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We remain focused on our primary goal of returning Apple to sustainable profitability,
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We still have a couple thousand people split between hardware and software. When you look back at the people that originally created the operating system, it was a small team. We've done creative things at Apple typically in small teams.
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Apple is committed to making the investment to gain market share and grow the company,
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Apple has been cleaning up the way it does business and that's good, but ultimately we need to begin growing this business. We need to make sure we have competitive cost structures so we can grow.
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We feel very good about delivering solid profitability while reaching our goal of 4 weeks of channel inventory ahead of schedule.
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And yet, despite its military defeat, the loss of its North American possessions, and the destruction of most of its navy, France survived defeat and rapidly recovered.
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Beautiful places, they were. They had porches in front, high ceilings in the apartments. You could watch the West Albany fireworks. But that was long before your time.
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very optimistic for the strong momentum we have.
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There's no question average selling prices are dropping all over the marketplace,
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We continue to look toward the December quarter as our first opportunity for year-over-year (revenue) growth which we expect to turn into unit growth,
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We expect to catch up on the backlog of the G4 ... But we will have supply constraints for the iBook.
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We're delivering solid profitability while maintaining lean channel inventories in a weak economic environment, ... Our balance sheet remains very strong, with over $4.2 billion in cash, and we are targeting a slight sequential increase in revenues and earnings per share in the September quarter.
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We now expect that the slowdown in retail that everyone's experienced since the attack of Sept. 11 will result in our reporting a small loss for our retail stores for the December quarter rather than the break-even results we had previously expected,