Gentlemen, it is no surprise that the Apple CFO would be very optimistic. He reiterated that Apple TV and iPhone will change the landscape yet again, and he did not mention anything about Leopard slipping its ship date. There really isn't a ship date - they said Spring, which could mean a lot of things! He said Apple would not be licensing OSX (no surprise) and they have no intention yet of changing the large cash reserves they maintain (I'm all for that!). I think we're in for a banner year!
Apple CFO
2 comments:
Lo,
You know to be wary of those 'finance types!' :-)
-Le
It is funny how those types of interviews are like political candidates speaches. Everything is rosy and great, hardly anything of substance is said, and a lot of "I can't comment on that". As for the large cash reserves. Wall street does not like it so much when a company holds on to cash and does not use it. It hurts their overall efficiency rating as a company to invest in. But I think it makes sense for Apple. It allows them to try more daring things and then if they don't fly then they have a cushion to fall back on. In the end, they will still be around many years down the road instead of having to be bought by another company because of a bad business situation.
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