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
balance billion channel delivering earnings economic increase lean per remains september share sheet slight solid targeting weak
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.
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.
billion fiscal range revenue target year
We are also resetting our revenue target for fiscal year 2001 to the $7.5 to $8 billion range and our target for EPS to the $1.10 to $1.25 range.
billion remains
remains very strong, with over $4.3 billion in cash.
billion december expect fiscal light lower results revenue
In light of the lower results anticipated for the December quarter, we now expect revenue for fiscal 2001 to be in the $6 billion to $6.5 billion range,
billion channel december ending estimates light quarter revenue sales slight targeting
In light of September's disappointing sales and higher-than-planned ending channel inventories, we are resetting our revenue estimates for the December quarter to about $1.6 billion and are targeting a slight profit,
ahead channel delivering goal good inventory reaching solid weeks
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.
momentum optimistic strong
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,
continue december expect growth opportunity quarter toward turn
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,
catch expect supply
We expect to catch up on the backlog of the G4 ... But we will have supply constraints for the iBook.
attack december expect loss quarter rather reporting result results retail since small stores
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,