Earnings preview: Modest expectations for Apple's June 2013 quarter

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  • Reply 21 of 43
    slurpyslurpy Posts: 5,398member

    Quote:

    Originally Posted by Suddenly Newton View Post



    No "Fire Timmy Cook" trolls yet?


     


    They're busy writing up and finalizing their adjective-laden, hateful, ignorant screeds, which they will then copy and paste incessantly once the results are out. 

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  • Reply 22 of 43
    charlitunacharlituna Posts: 7,217member
    Excellent observation.

    Yep, but the analysts won't think of that kind of logic.
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  • Reply 23 of 43
    gwmacgwmac Posts: 1,830member

    Quote:

    Originally Posted by thataveragejoe View Post


     


    This. Even the strongest Apple stock bulls expected this to a 'meh' quarter which is why the stock is where it is. Even if Apple were to come in a little lower, it won't matter, the guidance will be the key, as will any hints on when new products can be expected. That's where the 'news' is for the Street. 



    That is my thinking as well. I think the price is already reflecting the pessimism so if the estimates fail to meet predictions I am hoping there won't be a huge decline. If Apple fails to introduce an iPhone lite or the 5S is universally panned then the stock is in real trouble. With Samsung's stumble with the S4 being received as being blasé it would have been a great time to also introduce a larger display iPhone as well. My guess is that with the iPhone lite and the 5S it was just too much to take on in one year and it will have to wait until 2014. 

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  • Reply 24 of 43
    mikejonesmikejones Posts: 323member

    Quote:

    Originally Posted by charlituna View Post





    Yep, but the analysts won't think of that kind of logic.


    Analysts? Logic? You must be joking.

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  • Reply 25 of 43
    charlitunacharlituna Posts: 7,217member
    Why the picture of an empty Apple store?

    Adds to the FUD

    And I agree that Apple will likely meet or beat their guidance with no issues. After all, when they made it they knew there was no iPad launching etc.
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  • Reply 26 of 43
    slurpyslurpy Posts: 5,398member

    Quote:

    Originally Posted by Tallest Skil View Post





    Well, it IS their drummed-up device. They're the ones who thought Apple "needed" it in the first place, so of course they think it will succeed.


     


    Yeah, it's only Apple's most successful (non-phone) product, in terms of sales, reviews, etc, and everyone I know who owns ones absolutely loves it, more than the regular iPad. Every single smaller iPad that is released still pales to it, and it is used as the golden standard for smaller tablets. It fills niches and demographics where the larger tablet would be more impractical, unfomfortable, or unfeasible. It's universally praised as a fantastic device. 


     


    But yeah, just ignore all that. It's "drummed up", and Apple doesn't "need" it, and they should have never released it, because, you didn't think they should- and you're sticking to that like a stoic hero...or something.  

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  • Reply 27 of 43
    tallest skiltallest skil Posts: 43,388member
    [quote name="Slurpy" url="/t/158658/earnings-preview-modest-expectations-for-apples-june-2013-quarter#post_2366301"]
    Yeah, it's only Apple's most successful (non-phone) product, in terms of sales, reviews, etc, and everyone I know who owns ones absolutely loves it, more than the regular iPad.[/QUOTE]

    Is it? Were the sales broken down to show that?

    [QUOTE]It fills niches and demographics where the larger tablet would be more impractical, unfomfortable, or unfeasible. It's universally praised as a fantastic device. [/QUOTE]

    And there we go again. :rolleyes: [I]That's[/I] not true, and you know it.
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  • Reply 28 of 43
    pendergastpendergast Posts: 1,358member

    Quote:

    Originally Posted by Slurpy View Post


     


    Yeah, it's only Apple's most successful (non-phone) product, in terms of sales, reviews, etc, and everyone I know who owns ones absolutely loves it, more than the regular iPad. Every single smaller iPad that is released still pales to it, and it is used as the golden standard for smaller tablets. It fills niches and demographics where the larger tablet would be more impractical, unfomfortable, or unfeasible. It's universally praised as a fantastic device. 


     


    But yeah, just ignore all that. It's "drummed up", and Apple doesn't "need" it, and they should have never released it, because, you didn't think they should- and you're sticking to that like a stoic hero...or something.  



     


    My iPad 2 has iPad mini envy.

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  • Reply 29 of 43
    slurpyslurpy Posts: 5,398member

    Quote:

    Originally Posted by Tallest Skil View Post





    Is it? Were the sales broken down to show that?

    And there we go again. image That's not true, and you know it.


     


    There's been a shitload of estimates that show that, everywhere from supplier and component checks to sales channels. And you know, common sense. And if you don't have the imagination to to aknowledge that millions of situations exist where a screen somewhere between 4" and 10" makes some sense, and choose to ignore the personal experiences of those who state as much (like myself, who owns both), then that's your issue.  But **** it, I really don't plan on getting in this with you, and I'd be masochistic fool to do so and its an exercise in extreme self-pain. I'll make it easy:


     


    YOU WIN. TOPIC CLOSED.

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  • Reply 30 of 43
    tallest skiltallest skil Posts: 43,388member
    slurpy wrote: »
    …estimates…

    Okay.
    TOPIC CLOSED.

    For now, at least.
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  • Reply 31 of 43
    sockrolidsockrolid Posts: 2,789member


    Originally Posted by AppleInsider View Post



    Gross margin is expected to be about 36.7 percent.


     


    Pretty impressive. Especially for a hardware revenue-driven company.


     


     


     



    Originally Posted by AppleInsider View Post


    Instead, the full effect of those launches would be seen in the following December quarter, where the iPhones would be available for the full three months.



     


    Yup.  There will be quarters in which Apple is just coasting along with few if any new hardware, software, or services updates.  Late-year product refreshes certainly help holiday quarter sales, but what about the rest of the year?  Is there a specific reason why Apple is bunching up their hardware updates?  Or is it because of Apple's engineering cycles and/or other factors out of Apple's control?


     


    Well, the Haswell release dictated Apple's Mac release schedule this year, pushing most of them (other than the MacBook Air) into the second half.  And there may be issues with other component suppliers.  E.g. LCD panel makers who are having trouble ramping up production for iMac, iPhone, iPad, etc.


     


    I think the real reason for the "bunching" is that WWDC happens in June every year.  This is where developers first get OS X and iOS previews and learn about the new features.  Some of the new features will require extensive changes to OS X and iOS apps, and those changes could take months to design, implement, test, and iterate.  So, by late CY Q3 and early CY Q4, apps will be ready for the new systems and devices.  This more or less forces all iOS device releases to happen late in the year, along with with the new iOS release.  Mac hardware releases aren't nearly as synchronized with OS X releases, but Mac revenue is a smaller slice of the Apple revenue pie these days.  Still, perfect timing for the holiday buying season.  


     


    Great strategy.  Except for CY Q1 and Q2 with few if any hardware or software updates other than minor point releases or spec bumps.  So what can Apple do to "fill in" the first half of the year with product announcements, like they used to do with iPad?  Well, think of it this way.  Apple has set the stage for products like the current Apple TV, that run iOS but somewhat independent of the iOS release cycle because you never see the bare iOS GUI.  Of course, the current Apple TV isn't a big enough product to fill that stage.  But maybe by spring 2014, Apple could have all its ducks in a row.  Lots of contracts to be signed, content deals to be negotiated, infrastructure to be built out, new 4K display technologies to be developed, ad nauseam.  I wouldn't be surprised if they thought they could get it all done by last spring.  We'll see what happens next year.

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  • Reply 32 of 43
    herbapouherbapou Posts: 2,228member

    Quote:

    Originally Posted by AndrewofArabia View Post



    Why the picture of an empty Apple store? LOL. 33.5 - 35.5 billion dollars is an insane amount of money. I happen to think apple is going to beat their own guidance by a good amount, I think some of the carrier promotions are helping sell a lot more iPhones than Apple and analysts are expecting, if Verizon's earnings are any indication (and they are).


     


    I went to a Bell store this weekend, it didnt even had the iphone on display, no ads, no models. You had the galaxy phones in the center of the room.  There was no way of telling they are even selling the thing unless you asked for it. That be cant be good for sales... Apple needs to improve its relations with the carriers.

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  • Reply 33 of 43
    rogifanrogifan Posts: 10,669member
    herbapou wrote: »
    I went to a Bell store this weekend, it didnt even had the iphone on display, no ads, no models. You had the galaxy phones in the center of the room.  There was no way of telling they are even selling the thing unless you asked for it. That be cant be good for sales... Apple needs to improve its relations with the carriers.
    How? By ceding control to carriers like Android does? No thanks.
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  • Reply 34 of 43
    rogifanrogifan Posts: 10,669member
    Why is Apple up almost 4% after hours? Looks like the stock just jumped in the past few minutes.
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  • Reply 35 of 43
    SpamSandwichspamsandwich Posts: 33,407member


    Earnings came in slightly above expectations...... aaaaaand the stock will get slammed.

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  • Reply 36 of 43
    SpamSandwichspamsandwich Posts: 33,407member

    Quote:

    Originally Posted by Rogifan View Post



    Why is Apple up almost 4% after hours? Looks like the stock just jumped in the past few minutes.


     


    It was down in trading earlier.

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  • Reply 37 of 43
    originalgoriginalg Posts: 383member

    Quote:

    Originally Posted by Rogifan View Post



    Why is Apple up almost 4% after hours? Looks like the stock just jumped in the past few minutes.




    $35.3B in revenue, slightly up from last year

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  • Reply 38 of 43
    rogifanrogifan Posts: 10,669member
    Earnings came in slightly above expectations...... aaaaaand the stock will get slammed.
    Stock is up so far. But that could change when the conference call starts and guidance for next quarter is given.
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  • Reply 39 of 43
    SpamSandwichspamsandwich Posts: 33,407member

    Quote:

    Originally Posted by Rogifan View Post





    Stock is up so far. But that could change when the conference call starts and guidance for next quarter is given.


     


    I guess being just slightly above expectations is a huge plus in this time of PC industry collapse.

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  • Reply 40 of 43
    macrulezmacrulez Posts: 2,455member

    Quote:

    Originally Posted by Tallest Skil View Post





    One more time: so when Apple posts $35.00 billion, the stock will drop 40 points.




    http://appleinsider.com/articles/13/07/24/wall-street-encouraged-by-apples-strong-iphone-sales-positive-guidance-still-awaiting-new-products

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