Apple's profits rise 20% on sales of 26M iPhones, 17M iPads, and 4M Macs - Page 2

Quote:

Originally Posted by daylove22 

to those who mocked Microsoft for missing the revenue its stock only lost 1%..Aapl is tumbling..enjoy :) 

5-year numbers (you know, for people who are actually investors):

MSFT: -6.45%

AAPLE: +336.30

And yes, I have been enjoying it.  Bought most of my AAPL shares when it was at ~$13, and that was before they split.

Quote:

Originally Posted by blackbook 

And iPhone sales are actually UP year over year. The panic is ridiculous. Apple is doing just fine.

I wouldn't worry at all about this, the analysts won't. They'll be scooping up tons of AAPL shares thanks to their missed estimates. I'm looking forward to Apple's stock buyback program. That should temper some of the wild speculation and stock manipulation by these clowns.

Quote:

Originally Posted by AaronJ 

 

5-year numbers (you know, for people who are actually investors):

 

MSFT: -6.45%

 

AAPLE: +336.30

 

And yes, I have been enjoying it.  Bought most of my AAPL shares when it was at ~$13, and that was before they split.

You did even better than I did. Congrats.

Quote:

Originally Posted by normang 

Always love the glass is half empty people, what an empty life...

If it weren't for the half-emptiers, I'd never have been able to pick up AAPL over the years (at the various reservation prices I've had). They've made me a fair bit of money. So, bless them. 

My take on the numbers

Numbers were just ok. About 20% growth on revenues and earnings. Maybe part of the issue is the bigger you get, the harder it is to drive a higher percentage of growth. Beat their own estimates but not the expectations. The guidance showed growing revenue at what looking like about 20% yoy and less than 10% for earnings.

The guidance was ok on revenues and not so ok on earnings. Apple was still fairly light in their guidance for the just reported quarter so I would expect that they will beat their numbers and this quarter will probably look a lot like the just reported quarter, maybe a little less on earnings because they are expecting lower margins.

After hour numbers look like the stock is down about 5% right now. Maybe we will stay in this range unless we hear something different about announced products but the present guidance means we don't see the new iPhone until Apple's first quarter. Maybe Apple won't have such a discounted growth rate. The dividend should also help stabilize the price some.

APPLE, MICROSOFT and GOOGLE really need to start paying their fair share of taxes. I understand there are loop holes and such, but when you sit with billions of dollars on hand I think they can afford to pay a higher tax percentage than me.

Don't love your stock too much because the stock doesn't love you. It's a simple equation as always folks: Buy low, sell high. Another earning miss is to be expected this quarter, so AAPL will go down perhaps another  200 bucks to where they were before the crazy uptick of the past 6 months which was for no apparent reason other than something called "euphoria". 

Quote:

Originally Posted by Just_Me 
APPLE, MICROSOFT and GOOGLE really need to start paying their fair share of taxes.

Hey, could we not in this thread, please? If you want to be wrong, be wrong in the established threads about this.

Quote:

Originally Posted by mcrs 
…AAPL will go down perhaps another  200 bucks… 

Wow. It's really sad when my posts that make fun of trolls by hyperbolizing what I think they'll say turn out to be what they actually say.

Quote:

Originally Posted by Tallest Skil 

 

Hey, could we not in this thread, please? If you want to be wrong, be wrong in the established threads about this.

 

 

Wow. It's really sad when my posts that make fun of trolls by hyperbolizing what I think they'll say turn out to be what they actually say.

You mean like this?

Quote:

Originally Posted by Tallest Skil 

APPLE IS DOOMED.

Quote:

Originally Posted by AaronJ 

 

5-year numbers (you know, for people who are actually investors):

 

MSFT: -6.45%

 

AAPLE: +336.30

 

And yes, I have been enjoying it.  Bought most of my AAPL shares when it was at ~$13, and that was before they split.

There you go. It helps to actually have the correct perspective. Well done. 

Quote:

Originally Posted by Quadra 610 

 

There you go. It helps to actually have the correct perspective. Well done. 

Here is another

Growth since inception

28818.65% vs 16621.02%

Quote:

Originally Posted by mcrs 

Another earning miss is to be expected this quarter, so AAPL will go down perhaps another  200 bucks to where they were before the crazy uptick of the past 6 months which was for no apparent reason other than something called "euphoria". 

Bullshit.

Quote:

Originally Posted by RegurgitatedCoprolite 

Let's see what Tim and Co. have to say about this quarter's results.  

 

I see the trolls are out.  Oh, well....

There's nothing they need to say. The results are fantastic. There's some, however, that have absolutely no fucking perspective. 26 million iPhones and 17 million iPads is now considered a miss? Compared to what, the numbers that analysts pull out of their ass? It definitely isn't a 'miss' compared to every other tech company out there, and every other company on the planet. They would all absolutely kill to have these numbers and profits. Also, the iPad numbers are a record, for a product that has shattered all records already. 

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Originally Posted by SpamSandwich 

 

Bullshit.

agreed. 200 is too much. I would say only 50 more or so for of around 525. I had hoped for 500 before buying again but dont think it will go that low 

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Originally Posted by Just_Me 
You mean like this?

I mean like this: 

(crap, I can't find it. I JUST said "stock will drop $200" less than an hour ago… somewhere…)

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Originally Posted by Rogifan 
The trolls here have nothing on the ones at MR.

So true.

I think at the open of the market tomorrow, AAPL will rocket back from the ridiculous after hours numbers. I'd like to know who's leading the short action on AAPL.

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Originally Posted by SpamSandwich 

I think at the open of the market tomorrow, AAPL will rocket back from the ridiculous after hours numbers. I'd like to know who's leading the short action on AAPL.

Samsung and Google?

Quote:

Originally Posted by SpamSandwich 

 

Actually I take that back. Google and Samsung make money off Apple. So I would say Moto and HTC.

LOL @ the idiot who said it'll drop "$200".

This is the problem with Wall Street. Amateurs in action, not understanding what "fundamentals" even mean, cash on hand, P/E ratio, etc.

Investors, stay along for the ride, buy tactfully, and Apple will continue to make you money in the more calm way possible: Going LONG. Apple is making plenty of money, the stock is undervalued, which means that investors will also make plenty of money.

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Originally Posted by Godzilla 

LOL @ the idiot who said it'll drop "$200".

This is the problem with Wall Street. Amateurs in action, not understanding what "fundamentals" even mean, cash on hand, P/E ratio, etc.

 

Investors, stay along for the ride, buy tactfully, and Apple will continue to make you money in the more calm way possible: Going LONG. Apple is making plenty of money, the stock is undervalued, which means that investors will also make plenty of money.

LOL thats not Wall Street. You think a single or handful of guys can affect a 1/2 Trillion company.  

Quote:

Originally Posted by dasanman69 

You guys are funny. How many CEOs would sacrifice their offspring to have numbers like that in a year let alone one quarter?

That depends on whether they took over the company when it was doing even better than that.

Taking all into perspective, especially the global recession we're in and the customer waiting for new models etc .....................the earnings were respectable. These Anal=ists  like Munster & White are just talking out of their hats in their projections.  Lets remember how these anal sits calls were when they start tooting their horn again.

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Originally Posted by Red Oak 

I think the time has come for The Global Moderator to be replaced
Let's have more than 10 word sound bites and mocking of any non-conforming opionions. Let's have a better and deeper discussion of the news, challenges and opportunities facing this company
I am getting tired of what AI.com is becomming
I am long AAPL. I am trying to figure out the best path forward for this company

Mostly good points. Two points of dissension: I don't care for replacing the GM, but everyone is entitled to their opinion.  Mine is that the forum is what it is, because that's how we behave. We, not the GM, are responsible.

I also don't get the part about figuring out the best path forward for Apple or any company you have shares in. Shareholders have zero say and limited knowledge of the best path forward.  So what's the point of "trying to figure it out"? I mean this as condescension but rather out of genuine curiosity.

I stand corrected with the "euphoria". It is actually more of a "memorabilia chasing" syndrome due to SJ's passing. Basically, people bought Apple's devices because SJ has just passed away. Iphone 4S is a stale product, and its sales number is so high up there only because SJ timed his death quite well. It's sickening what this society has come into, but there it was another example of that appalling behavior of the American society in general.  If you remember Michael Jackson, Whitney Houston, John Lennon and Elvis, SJ was such a celebrity. The only thing's that different about SJ, he didn't leave music, costumes or videos like those other celebrities mentioned, but he did leave certain legacy, and its embodiment is I-devices, especially ones being released just around his death. So, there was a blow out numbers of I devices sold in late Q4 2011 and early 2012, but then, like other celebrities, the added excitement of buying SJ's  "memorabilias" subsided, poof....gone. 

Apple market share will erode again in Q4 2012. It will be a saturated quarter filled with new gadgets from everybody under the sun.There will be cheapy and expensive Android's phones and tablets, but wait there will also be cheapy and expensive Windows 8/WP8 phones and devices too.The latter will be even more destructive to Apple's growth curve because corporate people will embrace W8/WP8  as if they are their long lost brothers. Corporate people care less about the so-called ecosystem which sells 200,000 simpleton's software plus music and e-books. All they want is their trillion dollars software investments in the past, be that from Oracle, Microsoft, SAP, CA or others can still be utilized as usual even after acquiring new hardware devices. Corporate people are creatures of habit, they love status quo. And they are already programmed into Windows everywhere for years. That will not change unfortunately. 

So, Apple will be squeezed in the middle between Android and Windows, and it will not be a pretty picture in the next couple of years. Don't start looking for China as the savior because everybody else is also flooding China with their gadgets as well. If you are an Apple long, we are at around the peak of AAPL years, and if you are looking for growth, you better start looking elsewhere. 

Yeah... The logistics genius showed clearly in June Apple's breakthrough in mobility was over. We'll see how this road map will pay.  

Quote:

Originally Posted by cameronj 

That depends on whether they took over the company when it was doing even better than that.

In which Apple wasn't, so CEO "pat on the back" is in store? ;)

Anyway, Cook has been running the company for practically years now. Not to discount Jobs' presence of course, but he hadn't been hands on in Apple's day to day for some time.

Quote:

Originally Posted by herbapou 


Its a horrible quarter based on apple own guidance. Apple has been beating it by a range of 28 to 60% for the last 5 years. They broke that pattern today since they pretty much came right on with guidance. That will change how the street view the next quarter guidance, which is very low.
Of course Apple is doing very well in terms of profitability, but growth is decelerating and it will affect the stock prices in the next few months. Expect heavy PE compression until Apple comes back track. Its a good thing Apple valuation was already so good, it will keep it from going down too much. There will be good opportunity to buy the stock in the next few weeks.

It will help in the upcoming quarters. AAPL's gross undervaluation proves that the "halo" effect in which they slaughter these fabricated numbers haven't helped them at all, in fact it hurts them as people expect too much (hence this quarter was technically great, yet the stock gets hammered because emotions weren't fulfilled).

Let the analysts get more cautious, let people take AAPL's guidance more seriously, let AAPL not post such staggering blowout numbers. This isn't an entertainment show, or a popularity contest. Boring companies have boring conference calls all the time and trade at higher valuations than Apple. Let AAPL stock get more boring, let the press stop reporting about its every movement, let the company just do its thing.

The BEST thing that can happen to AAPL stock is for it to be treated as "just another stock". This quarter will be a good training session toward that necessary transition into the future. 2 examples are NKE stock, reported a dismal quarter, I'm talking a TECHNICALLY BAD QUARTER, of which Apple DIDN'T have (they had a technically great quarter) got hammered, but started bouncing back already. Also, MSFT, a P/E similar to AAPL's forward P/E, and a terrible quarter, and they actually went up.

Let the "Apple show" come to a close, let the stock mature, let expectations get boring. It'll be better for all of us who aren't longing for a Wall Street version of "The Kardashians". Now we have a nice Dividend to grab. I'm adding shares not only for the uptick to come, but to add to the quarterly payout!