Apple falls short of expectations with $7.7B in profit on sales of 35.2M iPhones, 13.3M iPads

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  • Reply 81 of 178
    I plan to upgrade my iPad every two years, and even I consider that to be a pretty short upgrade cycle. I'll probably hand my Air down and get the Air 3. I really want TouchID.
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  • Reply 82 of 178
    rogifanrogifan Posts: 10,669member
    mstone wrote: »
    Why mention the 5c at all if you really meant the middle tier? What else is in the middle tier?

    Edit I see. you mean 5C sold better than the 4S did the year before. Okay. But that is kind of weird because the 4S was a two year old phone for $99 and the 5C is a brand new phone at full price.
    The 5C starts at $99, so not sure what you mean by "at full price". Plus most of the technology in the 5C is exactly the same as the 5 so you can't really say the 4S is two years old but the 5C is brand new.
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  • Reply 83 of 178
    rbalmerrbalmer Posts: 31member
    Apple sells billions in products yet they don't produce the revenue that some analyst guessed that they should and that means business is slipping?
    It's like betting on a football game, losing on the spread and then blaming the team. Wall Street ladies and gentleman.
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  • Reply 84 of 178
    rogifanrogifan Posts: 10,669member
    asdasd wrote: »
    Yes. Over last years 4S.
    What else would it be compared to?
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  • Reply 85 of 178
    asdasdasdasd Posts: 5,686member
    rogifan wrote: »
    What else would it be compared to?

    Nothing. I was elaborating on your point. And agreeing. Not everybody got what you meant.
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  • Reply 86 of 178
    dick applebaumdick applebaum Posts: 12,527member
    dasanman69 wrote: »
    herbapou wrote: »
    My father still being very satisfied with its ipad 2 says ot all. Upgrade cycle is very long.

    Some saturation as well. A household with 2 or more iPhones could get along with just one iPad.

    Yeah, but the "one-per-home" usage pattern may change ...

    For example, during the recent World Cup you could watch games live on your iPad as well as on the TV. With some of the streaming apps (and possibly a new AppleTV) that $499 iPad could take on the additional role of a Personal TV. We just might see grandpa fighting the grandkids for control of the iPad.

    Personal TV could be a nice growth opportunity for iPads -- especially when you consider that the CableCo cable coming into the home suffers if it is split to service more than 3 TVs (each with their $20/mo STB).
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  • Reply 87 of 178
    asdasdasdasd Posts: 5,686member
    Judging by comments here, and my own anecdotal experience the Touch ID and better flash storage will really push upgrades.

    I'll send an email to Tim.
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  • Reply 88 of 178
    dick applebaumdick applebaum Posts: 12,527member
    rogifan wrote: »
    Something else Cook said on the conference call: of the there iPhone tiers the 5C had the best YOY growth this quarter.

    Yes! Tim's comments, insight and emphasis revealed much, much more than the dry performance numbers did.

    It appears that Tim is very excited about the IBM arrangement!

    And the way he turned around the question about iPhone trade-ins cannibalizing new sales ...
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  • Reply 89 of 178
    rogifanrogifan Posts: 10,669member
    This Benedict Evans tweet sums up things perfectly:

    [QUOTE] Apple continues to grow in the parts that were supposed to be tough and slowed down in the parts that it was supposed to be winning[/QUOTE]

    iPad sales were up 50% in Middle East, China and India. iPhone up 10% in Europe, 48% in China. The typical media meme that cheap Android devices would hurt Apple isn't really panning out. It seems like Samsung is the one feeling it from cheap Android phones in Asia.
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  • Reply 90 of 178
    apple ][apple ][ Posts: 9,233member
    Quote:

    Originally Posted by asdasd View Post



    The iPad figures are worrying however. ( iPhone did well).

     

    I don't think so. Many people are waiting for the new ones right around the corner.

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  • Reply 91 of 178
    rogifanrogifan Posts: 10,669member
    apple ][ wrote: »
    I don't think so. Many people are waiting for the new ones right around the corner.
    Wouldn't that have been the case last year at this time too?
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  • Reply 92 of 178
    hill60hill60 Posts: 6,992member
    Before a tsunami hits the water dries up, just like Apple's sales numbers.

    My phone company has been trying to get me to upgrade my plan.

    No thanks, I'm waiting for something, like millions of other eligible people.
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  • Reply 93 of 178
    coolfactorcoolfactor Posts: 2,408member
    Way to go, Apple.

    Shame on your AppleInsider.
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  • Reply 94 of 178
    mstonemstone Posts: 11,510member
    Quote:
    Originally Posted by Rogifan View Post

     
    The 5C starts at $99, so not sure what you mean by "at full price". Plus most of the technology in the 5C is exactly the same as the 5 so you can't really say the 4S is two years old but the 5C is brand new.


    okay got it, but now the 4S is zero

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  • Reply 95 of 178
    apple ][apple ][ Posts: 9,233member
    Quote:
    Originally Posted by Rogifan View Post





    Wouldn't that have been the case last year at this time too?

     

    Perhaps, but I also think that iPad upgrade times are longer for many people. Most people aren't going to buy a new iPad every year, and maybe the market is somewhat saturated especially in non developing countries.

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  • Reply 96 of 178
    bdkennedy1bdkennedy1 Posts: 1,459member
    This must mean they are close to bankruptcy again!
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  • Reply 97 of 178
    fallenjtfallenjt Posts: 4,057member

    Samsung and any other company are more than happy to have this kind of "Falls Short of Expectations". Yup, what's wrong with AI?

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  • Reply 98 of 178
    coolfactorcoolfactor Posts: 2,408member
    Quote:

    Originally Posted by mstone View Post

     

    Can anyone explain why it has dropped for two quarters in a row?


     

    Because the competition has finally caught up with "good enough" tablets for the market, many of these super-cheap compromised-experience tablets out of China. You wouldn't believe what is sold in that country! Tablets for $30-$40 even! Yet they are useless!

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  • Reply 99 of 178
    apple ][apple ][ Posts: 9,233member

    I do find the headline to be a bit pessimistic, especially since this is an Apple related site. Apple did surprise in a number of areas, including ridiculous margins. This earnings was pretty good for Apple, I don't care what anybody else says, and I put my money where my mouth is, because I'm going to be adding some more shares pretty soon.

     

    Here's another headline I found real quick.

     

    TOP NEWS

    Apple Earnings Beat Forecasts Thanks to Higher Margins (Nasdaq: AAPL)

     

    http://moneymorning.com/2014/07/22/apple-earnings-beat-forecasts-thanks-to-higher-margins-nasdaq-aapl/

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  • Reply 100 of 178
    apple ][apple ][ Posts: 9,233member

    Here's another headline.

     

    Apple Inc. (AAPL) 3Q Earnings Beat Estimates on Strong iPhone Sales

     

    http://www.opptrends.com/2014/07/apple-inc-aapl-3q-earnings-beat-estimates-on-strong-iphone-sales/

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