Is it an apple's to apple's comparison? How many iPhone 6's were counted in Q4 last year compared to 6S's this year? I think more of the sales were pushed in to Q1 this year which would explain why last years QOQ change was greater than this year.
Nope, I think it's other way.
Apple managed supply chain much better this time compared to last year.
Addition to that, even with iPad Pro/Apple Watch/Apple pay etc, Apple is only forecasting 4% growth in revenue for holiday quarter.
If sale would have pushed to holiday quarter, that number may point negative revenue growth.
Last year Apple destroyed their own Christmas quarter guidance. I can see them easily getting 10% revenue growth next quarter
Seems to me Apple might be intentionally conservative with guidance for Q1. I know they don't really sandbag anymore but they might be with this guidance.
Seems to me Apple might be intentionally conservative with guidance for Q1. I know they don't really sandbag anymore but they might be with this guidance.
I don't know, 4%. I'm surprised. That's why the stock isn't flying.
Nope, I think it's other way.
Apple managed supply chain much better this time compared to last year.
Addition to that, even with iPad Pro/Apple Watch/Apple pay etc, Apple is only forecasting 4% growth in revenue for holiday quarter.
If sale would have pushed to holiday quarter, that number may point negative revenue growth.
I suspect Apple is intentionally being conservative with their guidance. If they weren't Wall Street clowns would get completely out of hand and the estimated would be off the charts.
I hate being a broken record but nothing will make this stock get a fair valuation as long as Wall Street is allowed to manipulate the shit out of it.
I'm starting to think that too! Apple marginally beats analysts expectations, yet the bloody stock is still down! But still think in the end, that they're just too big to go private.
I suspect Apple is intentionally being conservative with their guidance. If they weren't Wall Street clowns would get completely out of hand and the estimated would be off the charts.
Hmm, They beat this quarter barely to their own guidance. (On revenue)
Last year was huge beat because of larger screen iPhone. Same logic can not be applied this year for surprise beat.
I suspect Apple is intentionally being conservative with their guidance. If they weren't Wall Street clowns would get completely out of hand and the estimated would be off the charts.
I don't think so. Really, they're saying that they expect phone sales to be flat from last year, as well As Macs, or just a bit up, because of dragging iPad sales. Doesn't say much for other sales either I'm disappointed.
What, no absurd 10% leap in the stock price after hours? Google and Amazon must be supplying Wall Street with a constant flow of crack.
Apple had a larger revenue growth than both Google and Microsoft.
yet Apple is still 10% below high of the year while Google/MSFT made multi-year highs even with PEs at 30+
Apple needs to go private. PERIOD. Wall Street will never value them fairly. NEVER.
Why do you care? I guess if you were sort of hoping for wall street to start stupid valuations of Apple just like Amazon, fair enough. But fundamentally? Apple should just give good dividends. It's not as though it needs to raise capital. Who cares what the hyenas in wall street think? They don't actually run the business, they speculate on share prices and Apple is just an easier one than most to manipulate because any rumour gets a tonne of publicity. Going private would just use up a lot of cash they can use more productively.
I'm starting to think that too! Apple marginally beats analysts expectations, yet the bloody stock is still down! But still think in the end, that they're just too big to go private.
Most important data is Apple is guiding for 4% revenue growth next quarter.
This.
The guidance for the holidays is insane. Previously I didn't think Apple could beat last year and they'd come in around the same (or slightly less). However, with the new Apple TV, iPad Pro, iPhone 6S and the Apple Watch (probably a hot item for gifts) I can see them having a monster quarter.
BTW, did anyone notice Apple is now ahead of Samsung Electronics, and by next year could actually have revenues matching Samsung (the ENTIRE Samsung including things like shipbuilding)?
Why do you care? I guess if you were sort of hoping for wall street to start stupid valuations of Apple just like Amazon, fair enough. But fundamentally? Apple should just give good dividends. It's not as though it needs to raise capital. Who cares what the hyenas in wall street think? They don't actually run the business, they speculate on share prices and Apple is just an easier one than most to manipulate because any rumour gets a tonne of publicity. Going private would just use up a lot of cash they can use more productively.
Why do you care? I guess if you were sort of hoping for wall street to start stupid valuations of Apple just like Amazon, fair enough. But fundamentally? Apple should just give good dividends. It's not as though it needs to raise capital. Who cares what the hyenas in wall street think? They don't actually run the business, they speculate on share prices and Apple is just an easier one than most to manipulate because any rumour gets a tonne of publicity. Going private would just use up a lot of cash they can use more productively.
Why do you even reply to post of "going private"
That is not happening now or never.
It's not even worth a reply, but who has cash to go make it private. (Not even Apple)
All cash that Apple have is buried outside US and can't be brought back without huge Tax implications.
The guidance for the holidays is insane. Previously I didn't think Apple could beat last year and they'd come in around the same (or slightly less). However, with the new Apple TV, iPad Pro, iPhone 6S and the Apple Watch (probably a hot item for gifts) I can see them having a monster quarter.
BTW, did anyone notice Apple is now ahead of Samsung Electronics, and by next year could actually have revenues matching Samsung (the ENTIRE Samsung including things like shipbuilding)?
I think Apple has a good idea as to what sales will be. They won't beat the Samsung Chaebol sales numbers, which are much larger.
All those Wall Street boys were right again. Wait, scratch that, I mean wrong again. Shocker.
Before Apple released earnings these were the expectations from "the Wall Street boys". IMO they were darn close:
"The consensus forecast among analysts polled by Thomson Reuters for Apple’s Q4 earnings is $51.11B, up 21.3% year-on-year. This would be slightly above the top end of Apple’s guidance of $49-51B reportsRe/code. Analysts predict unadjusted net profit of $10.72 billion, or $1.88 per AAPL share – up from $1.42 per share last year …
Analysts are forecasting that Apple sold around 48M iPhones in the quarter, 24% up on the same quarter last year – in large part because the new iPhones went on sale in China from the opening weekend. Investor reaction is expected to hinge more on Apple’s guidance for the holiday season than on the numbers it reports today.
KGI expects both iPad and Mac sales to have fallen year-on-year. There is nothing even approaching a consensus estimate of Apple Watch sales, but that’s a number Apple is unlikely to reveal."
Seems to me Apple might be intentionally conservative with guidance for Q1. I know they don't really sandbag anymore but they might be with this guidance.
Or they read the tea leaves and figure that everyone who will buy an iPhone6[+] form factor has already... and growth will now flatten out, or be at the low end (5s replacing all the 4s' and 5s out there... because the size is the size people want)
Comments
Is it an apple's to apple's comparison? How many iPhone 6's were counted in Q4 last year compared to 6S's this year? I think more of the sales were pushed in to Q1 this year which would explain why last years QOQ change was greater than this year.
Nope, I think it's other way.
Apple managed supply chain much better this time compared to last year.
Addition to that, even with iPad Pro/Apple Watch/Apple pay etc, Apple is only forecasting 4% growth in revenue for holiday quarter.
If sale would have pushed to holiday quarter, that number may point negative revenue growth.
Seems to me Apple might be intentionally conservative with guidance for Q1. I know they don't really sandbag anymore but they might be with this guidance.
Seems to me Apple might be intentionally conservative with guidance for Q1. I know they don't really sandbag anymore but they might be with this guidance.
I don't know, 4%. I'm surprised. That's why the stock isn't flying.
I suspect Apple is intentionally being conservative with their guidance. If they weren't Wall Street clowns would get completely out of hand and the estimated would be off the charts.
I suspect Apple is intentionally being conservative with their guidance. If they weren't Wall Street clowns would get completely out of hand and the estimated would be off the charts.
Hmm, They beat this quarter barely to their own guidance. (On revenue)
Last year was huge beat because of larger screen iPhone. Same logic can not be applied this year for surprise beat.
I suspect Apple is intentionally being conservative with their guidance. If they weren't Wall Street clowns would get completely out of hand and the estimated would be off the charts.
I don't think so. Really, they're saying that they expect phone sales to be flat from last year, as well As Macs, or just a bit up, because of dragging iPad sales. Doesn't say much for other sales either I'm disappointed.
I'm starting to think that too! Apple marginally beats analysts expectations, yet the bloody stock is still down! But still think in the end, that they're just too big to go private.
They're not going private.
Most important data is Apple is guiding for 4% revenue growth next quarter.
This.
The guidance for the holidays is insane. Previously I didn't think Apple could beat last year and they'd come in around the same (or slightly less). However, with the new Apple TV, iPad Pro, iPhone 6S and the Apple Watch (probably a hot item for gifts) I can see them having a monster quarter.
BTW, did anyone notice Apple is now ahead of Samsung Electronics, and by next year could actually have revenues matching Samsung (the ENTIRE Samsung including things like shipbuilding)?
Why do you care? I guess if you were sort of hoping for wall street to start stupid valuations of Apple just like Amazon, fair enough. But fundamentally? Apple should just give good dividends. It's not as though it needs to raise capital. Who cares what the hyenas in wall street think? They don't actually run the business, they speculate on share prices and Apple is just an easier one than most to manipulate because any rumour gets a tonne of publicity. Going private would just use up a lot of cash they can use more productively.
Apple is not going private, for crying out loud.
Why do you care? I guess if you were sort of hoping for wall street to start stupid valuations of Apple just like Amazon, fair enough. But fundamentally? Apple should just give good dividends. It's not as though it needs to raise capital. Who cares what the hyenas in wall street think? They don't actually run the business, they speculate on share prices and Apple is just an easier one than most to manipulate because any rumour gets a tonne of publicity. Going private would just use up a lot of cash they can use more productively.
Why do you even reply to post of "going private"
That is not happening now or never.
It's not even worth a reply, but who has cash to go make it private. (Not even Apple)
All cash that Apple have is buried outside US and can't be brought back without huge Tax implications.
Apple's YOY revenue growth of over $50B is more than the full year revenue of 90% of Fortune 500 companies.
Just stunning.
Well, that worries me. China’s due for a collapse.
This.
The guidance for the holidays is insane. Previously I didn't think Apple could beat last year and they'd come in around the same (or slightly less). However, with the new Apple TV, iPad Pro, iPhone 6S and the Apple Watch (probably a hot item for gifts) I can see them having a monster quarter.
BTW, did anyone notice Apple is now ahead of Samsung Electronics, and by next year could actually have revenues matching Samsung (the ENTIRE Samsung including things like shipbuilding)?
I think Apple has a good idea as to what sales will be. They won't beat the Samsung Chaebol sales numbers, which are much larger.
Apple's YOY revenue growth of over $50B is more than the full year revenue of 90% of Fortune 500 companies.
You know that in stock market, future guidance matters and not current growth.
They don't look at PE ratio anymore but something called PEG (Price to Earnings to Growth) for stock value.
"The consensus forecast among analysts polled by Thomson Reuters for Apple’s Q4 earnings is $51.11B, up 21.3% year-on-year. This would be slightly above the top end of Apple’s guidance of $49-51B reportsRe/code. Analysts predict unadjusted net profit of $10.72 billion, or $1.88 per AAPL share – up from $1.42 per share last year …
Analysts are forecasting that Apple sold around 48M iPhones in the quarter, 24% up on the same quarter last year – in large part because the new iPhones went on sale in China from the opening weekend. Investor reaction is expected to hinge more on Apple’s guidance for the holiday season than on the numbers it reports today.
KGI expects both iPad and Mac sales to have fallen year-on-year. There is nothing even approaching a consensus estimate of Apple Watch sales, but that’s a number Apple is unlikely to reveal."
Well, that worries me. China’s due for a collapse.
Maybe so, but remember...just as it is in the US, the upper income earners in China are fairly immune to economic downturns.
Seems to me Apple might be intentionally conservative with guidance for Q1. I know they don't really sandbag anymore but they might be with this guidance.
Or they read the tea leaves and figure that everyone who will buy an iPhone6[+] form factor has already... and growth will now flatten out, or be at the low end (5s replacing all the 4s' and 5s out there... because the size is the size people want)