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Despite the strong showing, Apple shares slid $1.62 to $41.04 on
Nasdaq. They dropped an additional 54 cents in after-hours trading
following the earnings announcement on concern that Apple's growth may
stall if the iPod's popularity falters.<br>
<br>
"The problem Apple has
now is &#8230; to meet Wall Street's expectations, they need something beyond
iPods," said Mark Stahlman, a computer analyst in New York with
brokerage firm Caris &amp; Co. Stahlman who on Monday downgraded Apple
stock from "above average" to "average."<br>
<br>
<br>
Jeff @ SLYN Systems wrote:
<blockquote cite="mid20050414.020820.1780.55.SLYNsystems1985 at juno.com"
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              <td nowrap="nowrap" valign="top">4:33pm 04/13/05</td>
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              <td><span class="lb03">Apple Computer reports $290
million 2Q profit</span><span class="t14">&nbsp;(AAPL)</span>&nbsp;<span
 class="t14" style="font-style: italic;">By Rex Crum</span><br>
SAN FRANCISCO (MarketWatch) -- Apple Computer (<a class="lk01"
 
href="http://www.marketwatch.com/tools/quotes/quotes.asp?symb=AAPL&amp;siteid=mktw";>AAPL</a>)
on Wednesday reported a second-quarter net profit of $290 million, or
34 cents a share, on $3.24 billion in revenue. Analysts surveyed by
Thomson First Call had forecast Apple to earn 24 cents a share on $3.21
billion in revenue. During the same period a year ago, Apple earned $46
million, or 6 cents a share on $1.9 billion in revenue.</td>
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  <div>Jeff Slyn, Owner<br>
SLYN Systems &amp; Peripherals<br>
(502) 426-5469<br>
serving Kentuckiana clients 7 days a week since 1985!<br>
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