Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Apple Posts Loss
Oct 17, 2002
 Printable format
 Email this Article
 Search

Apple Computer Inc. reported its first net loss in nearly 2 years. The Cupertino, CA, U.S.-based company reported a net loss of U.S. $45 million, or $0.13 per share, in its fiscal fourth quarter ended in September, compared with a net profit of $66 million, or $0.19 per diluted share, a year earlier. Revenue was $1.44 billion compared with $1.45 billion a year earlier. Excluding one-time items, Apple posted an operating profit of $0.02 per share, in line with expectations.

Apple took a write-down on certain equity investments of $49 million after taxes in the fourth quarter and also booked an after-tax restructuring charge of $4 million, a $1 million charge on in-process research and development and a gain of $2 million on the reversal of a previous executive compensation expense. The company had last posted a net loss in the final quarter of calendar year 2000, but said it now expects to do better than its rivals in the crucial, year-end season. (Reuters)

Back to Daily News

 

Daily News

...........................................................

Apr 24, 2014: BSH Annual Revenue Tops EUR 10 Billion for First Time

Apr 24, 2014: New Home Sales Show Sharp March Drop

Apr 24, 2014: Ingersoll Rand HVAC Segment Reports Strong 1Q

Apr 24, 2014: ASHRAE 2014 Annual Conference Announced For Seattle

Apr 23, 2014: Bosch Home Appliances Garners EPA Energy Star Partner of the Year - Sustained Excellence Award

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows