Everything at Apple Inc. seems to be taking the sky route. Be it the profits that jumped 
88% for the second quarter, the share price which soared above $100 for the first time or the sale of its iPod which has recently touched 100 million sales mark. Interestingly, even the compensation amount of Steve Jobs (who works on a salary of $1!) for the year 2006 came out to be $646 million, which is by far the highest amount paid to any CEO in the world. And Apple has sold 1.5 million Macintosh Computers (growth of 36%) and 10.5 million iPods (growth of 24%) during the quarter, the two factors which have escalated the sales of Apple to $5.26 billion.
“We are very pleased to report the most profitable March quarter in Apple’s history,” said Peter Oppenheimer, Apple’s CFO. Leaving aside this, Apple is also very bullish on the prospective launch of its breakthrough product iPhone (a cell phone-iPod combination) as it expects to create a stir in consumer electronics as it did with the launch of iPod. Well, first with iPod and Mac and now with iPhone, Steve is doing a good ‘Job’.
88% for the second quarter, the share price which soared above $100 for the first time or the sale of its iPod which has recently touched 100 million sales mark. Interestingly, even the compensation amount of Steve Jobs (who works on a salary of $1!) for the year 2006 came out to be $646 million, which is by far the highest amount paid to any CEO in the world. And Apple has sold 1.5 million Macintosh Computers (growth of 36%) and 10.5 million iPods (growth of 24%) during the quarter, the two factors which have escalated the sales of Apple to $5.26 billion.“We are very pleased to report the most profitable March quarter in Apple’s history,” said Peter Oppenheimer, Apple’s CFO. Leaving aside this, Apple is also very bullish on the prospective launch of its breakthrough product iPhone (a cell phone-iPod combination) as it expects to create a stir in consumer electronics as it did with the launch of iPod. Well, first with iPod and Mac and now with iPhone, Steve is doing a good ‘Job’.
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Source : IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Read more:-
Source : IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Read more:-
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