Apple CEO Steve Jobs is also CEO of Pixar, which announced its second quarter financial results last week.

Pixar reported revenues of $26.4 million and earnings of $12.7 million, or $0.10 per fully diluted share. Revenues for the six months ended July 2, 2005 were $187.7 million, and earnings were $94.6 million, or $0.77 per fully diluted share.

However, performance fell year-on-year. The company's earnings reached $37.4 million in the same quarter 2004. Pixar had expected this and issued lower estimates for its current quarter performance in June.

Jobs put a positive spin on the news, saying: "We're very pleased with the overall performance of The Incredibles, which is by far the highest-selling DVD in 2005."

Pixar's next movie - the last to be distributed under its deal with Disney - ships in June 2006.

"Cars is almost completed and is looking fantastic, and we have no doubt that it will be one of our best films to date," said Jobs.

Pixar's leader also observed that the earnings shortfall was relatively small, but was magnified as the quarter was one that fell between major releases.