Dear Wall Street: Stop coming up with stupid expectations that have no basis in reality and maybe you wouldn't have this problem. Our country is doomed. We are governed and financed by idiots.
Yes, but he used that info to tell a negative slant i.e. ( but the competition has caught up and people are not motivated by features like fingerprint recognition.) ..... Same info, two vastly different opinions. Not everyone can "tell a joke".
I'll be happy when Wall Street starts being concerned over something else. Thankfully it's the State of the Union tonight so they'll have something else to talk about tomorrow.
Wall Street is only concerned about itself and the next quarter. God forbid it actually cares about well-run companies like Apple or even the state of the nation.
I'd hate to be Tim Cook right now. Wall Street wants his head on a platter. I wouldn't be surprised if we start hearing calls for Cook to be replaced. I think it's nonsense but it won't surprise me.
So what? Apple has an healthy business. "Growth" should not be the only variable in the analysis of Apple business. "Long term viability" should be considered too. And in this area, I'm pretty confident
Long term viability is a direct correlation to growth.
Disagree here as well. Tim Cook's stubbornness with selling a low priced phone is going to hurt Apple long term. The long term story in phones are the services that you sell on top of the phone. Apple needs its platform to be big. The only way it can do that is by selling a lower priced phone that can compete in the market. I realize that taking a hit on margins will actually probably cause the stock to drop in the short term. However, I think in the long term having a large market share will be good for its services business like apps, iTunes, mobile payments, search, etc.
The sign of a good CEO is one that can see the future and do what is best for the company. Based on Tim Cook's response to failing with the iPhone 5C I really question his ability to lead the company. Essentially he is saying, we tried a different pricing structure and it failed so I'm just going to go back to making good products and hope it works out well for us. Talk about a lack of vision. Targeting the high end of the market was the right thing for Apple during the Steve Jobs years. However, it is damn obvious that Apple is in a different situation now and Tim needs to pivot. The "great product strategy" is going to suck for shareholders.
Tim Cook never said the 5C failed. He said the 5C sold better than the 4S did at this time last year. He also said most 5C buyers were first time iPhone buyers. Apple can get into the low end but if it doesn't bring profit growth Wall Street won't care. Apple posted record revenues this quarter yet the stock is taking a beating because profits were flat. Seems to me Apple's issue is not a cheap iPhone but that the iPhone is such a large percentage of Apple's business. iPhone revenue is over 50% of the companies revenue. And iPad isn't growing enough to bring that percentage down. This past quarter was actually very good but because iPhone sales didn't meet wall streets estimates the stock is down 8%. Apple needs more diversification, more revenue streams. Mobile payments is a start. Apple needs new product categories that will make them less dependent on iPhone.
1. i dont understand, how could Wall Street expect 55-56m iphones, if Apple beat both revenue and earnings with just 51 millions? Ok more Ipads than expected, but by just 1,5 million or so. So if Apple really sold 55-56 iphones, revenue and earnings would be very different am i right? So i dont understand how they calculated that for revenue and earnings which was met, Apple need to sell 55-56 iphones.
2. I would like to know what will happen, if we have same earnings like year before, flat guidance in next quarter what will stop stock to fall again to 400-450 levels, whats so different from year ago? New iOS, new phones, ipads, china mobile, new countries, new carriers, but nothing helped at all as it seems now. One thing is different, Apple has even more cash, but not sure if it will keep stock price above 500 as broad market will probably move down in coming months. Apple could be great "safe bet" but now with flat earnings and revenue im not sure.
Now, if they would look into which of them sold a bunch of Apple stock last week and are buying again today, we can do away with a few analysts and their pump and dump strategies.
In a poorly veiled attempt to attract Asian tweens, it was clear to me and anyone with two eyes that the 5C iPhone was ill conceived, poorly designed, and released in the most hideous colors imaginable. It's obvious Apple can't get out of its own way and Tim Cook doesn't have the capacity to lead. Glib denials aside, that's the reality.
Stock is down 42.46$ as of this moment. It seems Apple has finally attracted the attention of "investors" that nobody really wants. It's a sick world we live in, where you can post a profit of over 13 billion and be punished for it by an 8% stock drop.
This is ridiculous.
P.S.: That also means by buying today, you'll make 8% profit within a week's time.
Don't try applying logic to the stock market. One of my friends works for a company that uses its own software and just invests its own money in microtransactions. As long as there is trading, in any direction, they make money. Pennies of price change, and they're all millionaires. They essentially have a money printing machine, and are opening data centers in any city in the world that has an exchange. The stock market is a playground.
In a poorly veiled attempt to attract Asian tweens, it was clear to me and anyone with two eyes that the 5C iPhone was ill conceived, poorly designed, and released in the most hideous colors imaginable. The marketing campaign for the 5C also bordered on reverse racism. It's obvious Apple can't get out of its own way and Tim Cook doesn't have the capacity to lead. Glib denials aside, that's the reality.
In a poorly veiled attempt to attract Asian tweens, it was clear to me and anyone with two eyes that the 5C iPhone was ill conceived, poorly designed, and released in the most hideous colors imaginable. It's obvious Apple can't get out of its own way and Tim Cook doesn't have the capacity to lead. Glib denials aside, that's the reality.
The 5C in 1QFY14 outperformed what the 4S did in 1QFy13.
Apple reported its best quarter ever, but it wasn't best enough for Wall Street? I still say stay long and ignore the analysts. Apple's superiority has to register with Wall St once it can no longer be ignored. I suppose they are waiting for new, category-defining product(s) to be released, but I can't understand the doubts about this. Apple has always had intervals of years between such major releases, and meanwhile they play a strong game of incremental, iterative upgrades. This is nothing new, so I can only assume that a lot of big investors were very late to the AAPL game, and expected every year to look like 2010-2012. This ignorant, greedy bandwagon jumping likely drove AAPL to its $700 spike in September 2012. I believe AAPL will reattain and surpass those heights, this time under its own power.
Q1 2012? Did you mean 2013? And I thought Apple's profit was flat YOY not down.
err yes, thank you. It always throws me off that Q1 of 2014 occured entirely in 2013 =p So yes, this year's Q1 2014 was very slightly less than they made last year in Q1 of 2013. Close enough that you can call it flat or a tie (when rounded, both come out to $13.1 b), but still worth taking note of given they had higher sales and revenues this year.
Comments
Dear Wall Street: Stop coming up with stupid expectations that have no basis in reality and maybe you wouldn't have this problem. Our country is doomed. We are governed and financed by idiots.
Which is exactly what the other guy said.
Yes, but he used that info to tell a negative slant i.e. ( but the competition has caught up and people are not motivated by features like fingerprint recognition.) ..... Same info, two vastly different opinions. Not everyone can "tell a joke".
I'll be happy when Wall Street starts being concerned over something else. Thankfully it's the State of the Union tonight so they'll have something else to talk about tomorrow.
Wall Street is only concerned about itself and the next quarter. God forbid it actually cares about well-run companies like Apple or even the state of the nation.
So great to see the rigged casino working as intended.
I'd hate to be Tim Cook right now. Wall Street wants his head on a platter. I wouldn't be surprised if we start hearing calls for Cook to be replaced. I think it's nonsense but it won't surprise me.
Sad, but true.
So what? Apple has an healthy business. "Growth" should not be the only variable in the analysis of Apple business. "Long term viability" should be considered too. And in this area, I'm pretty confident
Long term viability is a direct correlation to growth.
Didn't have to.
Why not? Steve Jobs wasn't exactly investing that cash either, in the manner that shareholders wanted.
1. i dont understand, how could Wall Street expect 55-56m iphones, if Apple beat both revenue and earnings with just 51 millions? Ok more Ipads than expected, but by just 1,5 million or so. So if Apple really sold 55-56 iphones, revenue and earnings would be very different am i right? So i dont understand how they calculated that for revenue and earnings which was met, Apple need to sell 55-56 iphones.
2. I would like to know what will happen, if we have same earnings like year before, flat guidance in next quarter what will stop stock to fall again to 400-450 levels, whats so different from year ago? New iOS, new phones, ipads, china mobile, new countries, new carriers, but nothing helped at all as it seems now. One thing is different, Apple has even more cash, but not sure if it will keep stock price above 500 as broad market will probably move down in coming months. Apple could be great "safe bet" but now with flat earnings and revenue im not sure.
Why not? Steve Jobs wasn't exactly investing that cash either, in the manner that shareholders wanted.
Well, okay then...
"Yes."
Now, if they would look into which of them sold a bunch of Apple stock last week and are buying again today, we can do away with a few analysts and their pump and dump strategies.
In a poorly veiled attempt to attract Asian tweens, it was clear to me and anyone with two eyes that the 5C iPhone was ill conceived, poorly designed, and released in the most hideous colors imaginable. It's obvious Apple can't get out of its own way and Tim Cook doesn't have the capacity to lead. Glib denials aside, that's the reality.
Stock is down 42.46$ as of this moment. It seems Apple has finally attracted the attention of "investors" that nobody really wants. It's a sick world we live in, where you can post a profit of over 13 billion and be punished for it by an 8% stock drop.
This is ridiculous.
P.S.: That also means by buying today, you'll make 8% profit within a week's time.
Don't try applying logic to the stock market. One of my friends works for a company that uses its own software and just invests its own money in microtransactions. As long as there is trading, in any direction, they make money. Pennies of price change, and they're all millionaires. They essentially have a money printing machine, and are opening data centers in any city in the world that has an exchange. The stock market is a playground.
Go find another company to lie about.
The 5C in 1QFY14 outperformed what the 4S did in 1QFy13.
Q1 2012? Did you mean 2013? And I thought Apple's profit was flat YOY not down.
err yes, thank you. It always throws me off that Q1 of 2014 occured entirely in 2013 =p So yes, this year's Q1 2014 was very slightly less than they made last year in Q1 of 2013. Close enough that you can call it flat or a tie (when rounded, both come out to $13.1 b), but still worth taking note of given they had higher sales and revenues this year.