Tuesday, October 21, 2008
I know that Steve Jobs is one of several members on the Walt Disney Company's Board, that he's one of the most influential with Iger because of his relationship with Pixar and Lasseter, that him owning six percent of the company makes him the largest single owner of all, but...
Maybe he should be, I don't know, more. I mean, remember when the Mouse bought Pixar, everyone heard the rumors that he was going to mount a takeover like he did at Apple back in the late 90's. There were constant rumors going about that he was going to challenge Iger for the CEO slot. There were a few that he was going to take the position of Chairman of the Board and be the power behind the throne. It all turned out to not be so... except that he is "a" power behind the throne, just not the only one. When you're as successful as he is, with his ability to persuade, with the almost Disney-like fairy tale story of Apple's resurgence, you have to have some influence at the meetings they have. With his power over the music industry, his evangelizing of the iPod and changing the cultural typography of society with "must have" products like the iPhone are all magnetic powers that have people on the Board listening to his suggestions. But...
Shouldn't he be more? Like, maybe he SHOULD be Chairman? Or something else. I mean, have you seen the latest quarterly reports that came out today for his fruit company?
Talk about a company that refuses to take part in the recession. Apple, Inc. alone has told the market and the world that: "Thanks, but no thanks" regarding this economic downturn. If only GM and Chrysler had handled their business like Apple then perhaps they wouldn't be talking about a merger right now.
For those of you with a giant question mark over your head saying: "What are you talking about, Honor?"
Well, just take a look at the financial results from earlier today:
- Apple's Q4 profit rose over 26 percent to $1.14 billion for the three-month period ended September 27th, 2008.
- Apple in America shipped 1,121,000 Macs and had $3.572B in revenues. That's are up 16 percent and 22 percent year-over-year, respectively.
- Apple in Europe shipped 611,000 Macs and had $1.723B in revenues. That's up 22 percent and 29 percent year-over-year.
- Apple in Japan shipped 78,000 Macs and had $320M in revenues. That's an increase of 8 and 25 percent year-over-year.
- Apple in the rest of Asia shipped 205,000 Mac shipments and had $562M in revenues. That's up by 32 percent and 27 percent compared to the same period a year ago.
- Apple's "Other Music Related Products and Services" segment earned the company $832M in revenue. A 38 percent increase year-over-year.
- Apple's "Peripherals and Other Hardware" brought in $428M in change... errr, I mean revenue. This was a 24 percent increase year-over-year.
- Apple's "Software, Service and Other Sales" accounted for $549M in revenue. This was a 28 percent increase over the same period in 2007 and a 10 percent over Q3 numbers.
- Apple sold more Macs than they've ever sold in a single quarter of its history.
- Macs actually accounted for less than half of Apple's total revenue with just 45.9 percent of total income.
- Apple sold 6,892,000 iPhones during Q4, earning $806M from these and related products; this is more than all previous quarters combined. They've already passed the 10 million mark that they planned for the entire year and have three more months to go. I'd call that purty successful, wouldn't you?
- Sales of the iPhone actually beat RIM's BlackBerry shipments last quarter; RIM shipped 6.1 million handsets compared to Apple's near 6.9 million. Apple, Inc. is now the third-largest mobile phone supplier in terms of revenue and it only became a phone maker a little more than a year ago.
- and Apple said that they sold more... do I really need to go on?
Actually, I could. There's quite a bit more news pertaining to iPods, Apple Stores and several other things but I think you get the point.
Perhaps we should just turn over the Mouse to Steve? I wonder what would happen if we did? I know that the Walt Disney Company is doing relatively well right now, the financials are pretty solid, but it makes you wonder what would happen if Steve Jobs had a tighter grasp on the reigns of power in Burbank.
With his attention to detail and his ability to make things that the world craves, could he make Disney's world be even more desirable?