Apple is here to stay

Apple Wired cover 1997

I love Macs; I make my living with them and they’ve always done me well. It makes me happy to know that they will be around. I try to imagine what my job would be like now if Apple had failed back in 1997 (the that issue of Wired came out with the image above on the cover)…

Apple reports $904m profit, ships 2m Macs.

Apple on Monday posted revenue of $6.22 billion and net quarterly profit of $904 million, or $1.01 per diluted share for its fiscal 2007 fourth quarter ending September 29, 2007.

“We are very pleased to have generated over $24 billion in revenue and $3.5 billion in net income in fiscal 2007,” said Steve Jobs, Apple’s CEO. “We’re looking forward to a strong December quarter as we enter the holiday season with Apple’s best products ever.”

But the most telling item is…

“Apple ended the fiscal year with $15.4 billion in cash and no debt”

http://www.macnn.com/articles/07/10/22/apple.reports.904m.profit/