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About this siteFor six years, the Internet Nexus served as my technology blog, but I've since started blogging at the SuperSite Blog instead. If you're looking for the blog, please head there. --Paul Thursday, January 15, 2004Apple earningsApple announced its quarterly earnings today, a mixed bag by any account. The company's core product--the Macintosh--continues to fall short, compared to the huge growth in the rest of the industry, with the company's global market share falling to 1.88 percent for the quarter ending December 31, 2003. The iPod did well, but of course it has a relatively low price, compared to Macs. Apple earned $63 million on sales of $2 billion, up from $1.47 billion a year before. Apple sold 733,000 iPod digital music players in the period and its iTunes had 70 percent of the legal music-download market. But gross margins slipped to 26.7 percent from 27.6 percent a year earlier, due mostly to higher-than-expected warranty expenses. Apple shipped 829,000 Macintosh computers, a rise of almost 12 percent from 743,000 a year ago. [ Posted at 7:11 PM | Permalink ]
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