On Wednesday, Apple Computer announced that its profit nearly doubled in the first quarter, The New York Times reports. Regardless, the company’s outlook for the second quarter dropped well below Wall Street predictions, causing Apple stocks to fall 7 percent.“We are thrilled to report the best quarter in Apple history,” said chief executive Steven Jobs. “Two highlights of an incredible quarter were selling 14 million iPods and getting ready to launch our new Macs with Intel processors five to six months ahead of expectations.”Despite Jobs’ enthusiasm, Apple investors are concerned with the company’s second quarter profit forecast, which calls for 38 cents a share on revenue of $4.3 billion, including a 4-cents-per-share expense related to stock-based compensation. This outlook is significantly lower than the 48 cents a share on $4.67 billion in sales that was previously predicted by analysts. Apple’s report followed below par forecasts on Tuesday from Intel and Yahoo!—on which CIO reported yesterday. On the other side of the coin, Advanced Micro Devices (AMD), the number two worldwide computer chip producer behind Intel, jumped more than 10 percent in extended trading after leaving analysts’ fourth quarter forecasts in the dust. –Al Sacco Related content brandpost Sponsored by Catchpoint Systems, Inc. Gain full visibility across the Internet Stack with IPM (Internet Performance Monitoring) Today’s IT systems have more points of failure than ever before. Internet Performance Monitoring provides visibility over external networks and services to mitigate outages. By Neal Weinberg Dec 01, 2023 3 mins IT Operations brandpost Sponsored by Zscaler How customers can save money during periods of economic uncertainty Now is the time to overcome the challenges of perimeter-based architectures and reduce costs with zero trust. By Zscaler Dec 01, 2023 4 mins Security feature LexisNexis rises to the generative AI challenge With generative AI, the legal information services giant faces its most formidable disruptor yet. That’s why CTO Jeff Reihl is embracing and enhancing the technology swiftly to keep in front of the competition. By Paula Rooney Dec 01, 2023 6 mins Generative AI Digital Transformation Cloud Computing feature 10 business intelligence certifications and certificates to advance your BI career From BI analysts and BI developers to BI architects and BI directors, business intelligence pros are in high demand. Here are the certifications and certificates that can give your career an edge. By Thor Olavsrud Dec 01, 2023 8 mins Certifications Business Intelligence IT Skills Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe