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
apple focused goal primary remain returning
We remain focused on our primary goal of returning Apple to sustainable profitability,
apple couple created creative hardware operating originally people small split thousand
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.
apple billion cash combined demand efficiency finished products quarter resulted strong
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.
behind december order poised product quarter september strong
With our product transitions during the September quarter behind us, and an order backlog of over $700 million, we're poised for a very strong December quarter,
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very optimistic for the strong momentum we have.
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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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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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Some component supplies will be impacted, but we believe the situation will be resolved well in advance of the end of the next quarter,
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Since then, we have filled up this building pretty well.
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We're confident about Apple's future and believe this repurchase program is a good long-term investment for shareholders,
believe continue economic environment tough
what we believe will continue to be a tough economic environment.
billion remains
remains very strong, with over $4.3 billion in cash.