Haha and Business Insider is already freaking out because Apple Watch is going to be reported in a category called "other products" along with iPods and accessories.
Let the analyst upgrades begin! Anyone who gets in the way of the $AAPL train now is going to be RUN OVER! This is a MONSTER product cycle and Cook and Co. are just getting warmed up...
I actually smiled when I heard Apple say that. Of course everyone and their mother will want to know iWatch sales because they can't wait to declare the first product Steve had nothing to do with a failure. I'd love it if Apple doesn't ever provide sales figures for it.
Disparaging comments about raises for women in the workplace?
Kinect units?
I'm all confuzzled.
Nadella says the rumors about abandoning Surface are baseless - "We're delighted with our sales so far", but won't say what those sales are. XBox is great, pay no attention to those PS4 sales. Office and Windows cows still giving milk (although it's slowly turning to skim milk). And after "certain items" that we won't count or explain about, our quarterly numbers are whatever we want them to be. Hurray!
Just finished watcing the Ars live blog of the earnings call ...
Came away with these 3 [main] impressions: [LIST=1] [*] Apple is Tim Cook's company now [*] The iPhone 6 and 6+ are so popular that Apple doesn't know [B][I]when they'll know what the real demand is[/I][/B] [*] Tim and Luca did a masterful job educating the financial analysts[B][I] how they should evaluate Apple[/I][/B] [*] [/LIST]
What are the odds that IDC have "other" manufacturers shipping even more tablets & that the iPads share of the market has gone down!?!?
Except for really cheap tablets, mostly by unknown Chinese manufacturers, not very high. And does that really matter? I know some folks who have bought those cheap things. None have been in use after the first couple of weeks.
Someone on Bloomberg said Apple's future is software and services because they're high margin businesses. I'm scratching my head at that comment because Apple has been making more and more software free. And services exist to make devices more desirable to own. I'd be curious what software they think will make a lot of money for Apple.
Mostly from retail sales. From their app stores. But almost all of Apple's software there is free, except for a few professional editing programs. So it's from third party software. Not what was said.
I really don't think these people know what Apple is. They just churn out homilies. I guess they want Apple to resemble Microsoft.
Just finished watcing the Ars live blog of the earnings call ...
Came away with these 3 [main] impressions:
The iPhone 6 and 6+ are so popular that Apple doesn't know when they'll know what the real demand is
Yeah, I was struck by that too. Cook genuinely didn't want to commit, when it would have been easy to spin a story people wanted to hear. I think they knew from customer surveys that this iPhone iteration would be big, but it's turned out even bigger than that, and they're kinda scrambling to meet demand.
Not saying that will continue indefinitely, but it was kind of interesting to see the CEO kind of knocked off balance by the success of the iPh6.
iphone units growth +4% YoY, not impressive. Supply constraints or not everyone "loves" bigger phones? Overall decent results, but stock price seems to stay around $100 for now.
This is for the quarter just completed and the new iPhones the 6 and 6 plus won't show significant sales volume until the current fiscal 1st quarter of 2015 concludes 3 months from september 27th. The new iPhones have only been on sale from the 19th of September forward. So only 9 days of the fiscal 4th quarter were the new iPhones the 6 and the 6 Plus counted towards the fiscal 4th quarter of 2014. The majority of this just concluded fiscal 4th quarter of 2014 was the sales of the iPhone 5s, 5c and 5. This is huge especially when you compare this to the fact that the older iPhones are outselling the Galaxy s5 samsung newest flagship phone. The quarter to watch for the sales of the new iPhones is the fiscal 1st quarter of 2015 that we just started september 28th.
to reinforce @Mechanic, Here's Tim's statements from the Ars live blog (in LIFO order) -- they don't know when they'll know what real demand is:
We do not envision as of today being able to achieve the extra inventory in the channel that is needed, considering the distribution market in the emerging market channels by Lee 14:33
Couldn't be happier with how the demand looks
by Lee 14:33
It's very unusual to see every country having a marked improvement over the previous year, but that's what we're seeing with iPhone
by Lee 14:33
But at this point it's very difficult to gauge what the true demand is by Lee 14:32
That's the reason we're giving such strong guidance
by Lee 14:32
We're not even on the same planet today, clearly, but I'm really confident the supply will be great
by Lee 14:32
It's very difficult to gauge demand without data
by Lee 14:32
I don't want to leave you with the view that we know when we'll get to supply/demand balance with both the new products
by Lee 14:32
It's unclear, looking at the data, when supply will catch up with demand
by Lee 14:31
That said, today demand is far outstripping supply
by Lee 14:31
The ramp itself is going great—it's the fastest ever in our history
by Lee 14:31
*implies
by Lee 14:31
Tim:
by Lee 14:31
Follow up: Looking at the current supply constraints, can Apple confirm guidance imples supply balance by the end of the quarter? And what are the key bottlenecks?
Someone on Bloomberg said Apple's future is software and services because they're high margin businesses. I'm scratching my head at that comment because Apple has been making more and more software free. And services exist to make devices more desirable to own. I'd be curious what software they think will make a lot of money for Apple.
Mostly from retail sales. From their app stores. But almost all of Apple's software there is free, except for a few professional editing programs. So it's from third party software. Not what was said.
I really don't think these people know what Apple is. They just churn out homilies. I guess they want Apple to resemble Microsoft.
Bloomberg and their ilk try to look at Apple like it was like the rest of tech industry which is selling commodity hardware running on an undifferentiated OS to price-sensitive bottom feeders. Apple's customers are a loyal bunch that want what Apple has and will pay the extra dollars to have the integrated experience.
Someone on Bloomberg said Apple's future is software and services because they're high margin businesses. I'm scratching my head at that comment because Apple has been making more and more software free. And services exist to make devices more desirable to own. I'd be curious what software they think will make a lot of money for Apple.
Mostly from retail sales. From their app stores. But almost all of Apple's software there is free, except for a few professional editing programs. So it's from third party software. Not what was said.
I really don't think these people know what Apple is. They just churn out homilies. I guess they want Apple to resemble Microsoft.
Bloomberg and their ilk try to look at Apple like it was like the rest of tech industry which is selling commodity hardware running on an undifferentiated OS to price-sensitive bottom feeders. Apple's customers are a loyal bunch that want what Apple has and will pay the extra dollars to have the integrated experience.
According to Tim in the earnings call -- in China FY2014:
80% of iPhone 4S buyers were new to iPhone
50% of iPhone 5S buyers were new to iPhone
The iPhone 6 and 6+ were not offered in China for FY 2014.
Those numbers are so high, that I think a great percentage of 6 and 6+ buyers will also be new buyers
by Lee 15:02
for 5S, 50% were new buyers
by Lee 15:02
The highest percentage is the 4S buyer in China, where over 80% of them were new buyers
by Lee 15:02
Tim:
by Lee 15:02
Tim mentioned previously that there were many new iPad buyers. Can Apple give that same new buyer range for iPhones? How does that number change across the next few quarters?
by Lee 15:02
Microsoft was in the watch business years ago with the SPOT(Smart Personal Objects Technology) watch. I'm wearing a SUUNTO SPOT watch right now. I had to go through two bad Fossil SPOT watches which I pieced together to make one good watch that died. Then out of two SUUNTO's SPOT watches I have one that still works to this day. If you wanted to receive messages on it, the people that sent you the message could only send using Microsoft Messenger. Microsoft dropped the SPOT broadcast service years ago. When I got an iPhone it flat out ran circles around the one way FM broadcast radio subband SPOT watch. Microsoft is THE poster child on how NOT to build a smart watch! The only upside was the watch kept absolutely perfect time; still does.
iphone units growth +4% YoY, not impressive. Supply constraints or not everyone "loves" bigger phones? Overall decent results, but stock price seems to stay around $100 for now.
The article got the number for last year wrong, check the provided link.
"Apple reports earnings of $7.5B on sales of 33.8M iPhones,.." So over 15% growth YoY.
Comments
Knew that was going to happen.
Let the analyst upgrades begin! Anyone who gets in the way of the $AAPL train now is going to be RUN OVER! This is a MONSTER product cycle and Cook and Co. are just getting warmed up...
I actually smiled when I heard Apple say that. Of course everyone and their mother will want to know iWatch sales because they can't wait to declare the first product Steve had nothing to do with a failure. I'd love it if Apple doesn't ever provide sales figures for it.
I'm sure Gene Munster predicted this - not.
So what does Satya Nadella throw?
Chairs?
Disparaging comments about raises for women in the workplace?
Kinect units?
I'm all confuzzled.
Amazing numbers.
So what does Satya Nadella throw?
Chairs?
Disparaging comments about raises for women in the workplace?
Kinect units?
I'm all confuzzled.
Nadella says the rumors about abandoning Surface are baseless - "We're delighted with our sales so far", but won't say what those sales are. XBox is great, pay no attention to those PS4 sales. Office and Windows cows still giving milk (although it's slowly turning to skim milk). And after "certain items" that we won't count or explain about, our quarterly numbers are whatever we want them to be. Hurray!
That's what Nadella will say.
Came away with these 3 [main] impressions:
[LIST=1]
[*] Apple is Tim Cook's company now
[*] The iPhone 6 and 6+ are so popular that Apple doesn't know [B][I]when they'll know what the real demand is[/I][/B]
[*] Tim and Luca did a masterful job educating the financial analysts[B][I] how they should evaluate Apple[/I][/B]
[*]
[/LIST]
Ka-Boom!
Except for really cheap tablets, mostly by unknown Chinese manufacturers, not very high. And does that really matter? I know some folks who have bought those cheap things. None have been in use after the first couple of weeks.
Mostly from retail sales. From their app stores. But almost all of Apple's software there is free, except for a few professional editing programs. So it's from third party software. Not what was said.
I really don't think these people know what Apple is. They just churn out homilies. I guess they want Apple to resemble Microsoft.
Just finished watcing the Ars live blog of the earnings call ...
Came away with these 3 [main] impressions:
Yeah, I was struck by that too. Cook genuinely didn't want to commit, when it would have been easy to spin a story people wanted to hear. I think they knew from customer surveys that this iPhone iteration would be big, but it's turned out even bigger than that, and they're kinda scrambling to meet demand.
Not saying that will continue indefinitely, but it was kind of interesting to see the CEO kind of knocked off balance by the success of the iPh6.
It was very interesting. They were asked, several times, about demand. I couldn't help but smile each time I heard the question, and the answer.
I hear they were dancing in Redmond!
to reinforce @Mechanic, Here's Tim's statements from the Ars live blog (in LIFO order) -- they don't know when they'll know what real demand is:
Bloomberg and their ilk try to look at Apple like it was like the rest of tech industry which is selling commodity hardware running on an undifferentiated OS to price-sensitive bottom feeders. Apple's customers are a loyal bunch that want what Apple has and will pay the extra dollars to have the integrated experience.
According to Tim in the earnings call -- in China FY2014:
The iPhone 6 and 6+ were not offered in China for FY 2014.
http://live.arstechnica.com/apple-q4-2014-earnings-call/
It's all Carl Icahn's doing. Without his helpful suggestions on how Apple should be run, none of this would have been possible.
Meanwhile, Microsoft are building a watch...
/s
Microsoft was in the watch business years ago with the SPOT(Smart Personal Objects Technology) watch. I'm wearing a SUUNTO SPOT watch right now. I had to go through two bad Fossil SPOT watches which I pieced together to make one good watch that died. Then out of two SUUNTO's SPOT watches I have one that still works to this day. If you wanted to receive messages on it, the people that sent you the message could only send using Microsoft Messenger. Microsoft dropped the SPOT broadcast service years ago. When I got an iPhone it flat out ran circles around the one way FM broadcast radio subband SPOT watch. Microsoft is THE poster child on how NOT to build a smart watch! The only upside was the watch kept absolutely perfect time; still does.
iphone units growth +4% YoY, not impressive. Supply constraints or not everyone "loves" bigger phones? Overall decent results, but stock price seems to stay around $100 for now.
The article got the number for last year wrong, check the provided link.
"Apple reports earnings of $7.5B on sales of 33.8M iPhones,.." So over 15% growth YoY.