Some statements on CNN about Apple Jan 22 2016

linkmanlinkman
Posted:
in AAPL Investors
David Goldman from CNN:

http://money.cnn.com/2016/01/22/technology/apple-earnings/index.html

"The other big problem for Apple is beyond the iPhone there's not much really there. This is a one trick pony, almost."

"And the Mac, it's a great computer but it's still a niche product."


Comments

  • Reply 1 of 1
    linkmanlinkman Posts: 1,035member
    Since nobody else has commented on this then I will. One trick pony and Mac is niche? Apple's profit in several product categories exceeds $1 billion per year. each Most businesses would die for that. Apple sold 9.8 million iPads and 5.7 million Macs in Q4 2015. In 2015 Apple was the fourth largest PC manufacturer in the world and the only major one with an increase in sales (up 15% compared to a significant decrease in competitor's sales). Apple earns around $20 billion per year in services, which includes Music, Pay, iTunes store, and AppleCare.
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