Apple earns record $51.5B revenue on sales of 48M iPhones, 5.7M Macs

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  • Reply 61 of 182
    mac_128mac_128 Posts: 3,454member
    Quote:

    Originally Posted by melgross View Post

     



    I wish people would stop knocking Beats/ Last year they had $1.3 billion in headphone sales, more than the rest of the headphone industry combined, and about $300 million profit on those sales.




    Not so much knocking beats, as pointing out how silly it is to think that $300 million profit is driving the 1% growth year over year of the Other category. If it is, then the ?Watch is in big trouble.

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  • Reply 62 of 182
    mstonemstone Posts: 11,510member
    Quote:
    Originally Posted by Mac_128 View Post

     



     to think that $300 million profit is driving the 1% growth year over year of the Other category. 


    Growth is in Revenue, not profit, so according to Mel, $1.3B in Beats sales.

     

    According to Gatorguy they reported $3.0 vs. $2.6 = 15% 

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  • Reply 63 of 182
    melgrossmelgross Posts: 33,717member
    Quote:

    Originally Posted by mstone View Post

     

    1% is growth is in Revenue, not profit, so according to Mel, $1.3B.




    yes. I'd love to know what sales are now that Apple bought themY

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  • Reply 64 of 182
    mac_128mac_128 Posts: 3,454member
    Quote:

    Originally Posted by mstone View Post

     

    Isn't Apple Music in the Services category?




    Good point. I think that's right. It goes into Services along with the App Stores, iBooks, iTunes, iCloud, Apple Care and ?Pay.

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  • Reply 65 of 182
    rogifanrogifan Posts: 10,669member
    So now Wall Street clowns are ignoring December quarter and fretting about the March quarter. That's how it is with Apple the past never matters and the future is always bleak.
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  • Reply 66 of 182
    Quote:

    Originally Posted by Rogifan View Post



    So now Wall Street clowns are ignoring December quarter and fretting about the March quarter. That's how it is with Apple the past never matters and the future is always bleak.



    Ever since the 80's!!!!

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  • Reply 67 of 182
    idreyidrey Posts: 647member
    shahhet2 wrote: »
    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.

    To me that is a conservative move by Apple. I think
    The are pretty sure growth will be bigger. Imagine if the
    Tout a much higher percentile and then they couldn't meet
    Their prediction. It would litteraly be a catastrophe for Apple.
    Wallstreet would demolish Apple for not meeting or exceeding
    Their goals. I really don't get why so much hate towards Apple.
    American anal-yst support more a non American company then
    they do Apple, which is an American company. Is like everyone would
    Love for Apple to go down and way under. Wallstreet would throw a party
    With Samsung, Google and Amazon if that were to happen.
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  • Reply 68 of 182
    mac_128mac_128 Posts: 3,454member
    Quote:

    Originally Posted by melgross View Post

     



    yes. I'd love to know what sales are now that Apple bought themY




    Yikes. Well if they're still earning like that, then the ?Watch does not account for nearly as big a percentage.

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  • Reply 69 of 182
    lkrupplkrupp Posts: 10,557member
    Quote:

    Originally Posted by Rogifan View Post





    It's up 3% now but if this was anyone else it would be up at least 10%. Best Q4 in Apple's history. Record iPhone sales for this quarter, 30% Android switchers. Record Mac sales. And Wall Street basically says meh.



    Apple has never operated according to Wall Street’s rules. Wall Street has no clue why Apple is so successful and sells so many products. By their rules Apple should be getting creamed by cheaper competitors. The walled garden ecosystem should be driving sales down instead of up. The overwhelming market share of Android should be causing developers to flee for their lives instead of developing first for iOS. This was supposed to be a repeat of the Windows/Mac Armageddon , open vs closed and open wins. Wall Street thinks it’s all a dream and that investors will wake up one morning and find that Apple has vaporized. That’s why we continue to read articles about religions and cults when analyzing Apple. Wall Street doesn’t like to be fooled, made fun of, embarrassed. It’s why we constantly read “Apple is Doomed™” articles by tech pundits and financial analysts.

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  • Reply 70 of 182
    asdasdasdasd Posts: 5,686member
    The Q&A is somewhat hostile I think. They are wondering what's going to drive growth post Q1. I'd expect some downgrades tomorrow.
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  • Reply 71 of 182
    melgrossmelgross Posts: 33,717member
    Quote:

    Originally Posted by idrey View Post





    To me that is a conservative move by Apple. I think

    The are pretty sure growth will be bigger. Imagine if the

    Tout a much higher percentile and then they couldn't meet

    Their prediction. It would litteraly be a catastrophe for Apple.

    Wallstreet would demolish Apple for not meeting or exceeding

    Their goals. I really don't get why so much hate towards Apple.

    American anal-yst support more a non American company then

    they do Apple, which is an American company. Is like everyone would

    Love for Apple to go down and way under. Wallstreet would throw a party

    With Samsung, Google and Amazon if that were to happen.



    Analysts don't support a company. That's not their job. They may not feel strongly about Apple, but that's what they think. It's not a deliberate thing.

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  • Reply 72 of 182
    Quote:

    Originally Posted by asdasd View Post



    The Q&A is somewhat hostile I think. They are wondering what's going to drive growth post Q1. I'd expect some downgrades tomorrow.



    That would happen regardless. These twits are serving their own interests, not Apples, not ours.

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  • Reply 73 of 182
    Quote:

    Originally Posted by Tallest Skil View Post

     
    Originally Posted by SpamSandwich View Post

    China sales up 99%! Let me repeat that... 99%!

     

    Well, that worries me. China’s due for a collapse.


    Yeah, after the collapse of the dollar, euro, US economy, Greece.... all of which should have happened already, according to your many dire past predictions.

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  • Reply 74 of 182
    Quote:

    Originally Posted by SpamSandwich View Post

     



    Maybe so, but remember...just as it is in the US, the upper income earners in China are fairly immune to economic downturns.


    Non-Apple smart phone numbers down in China. Apple up. Those numbers are telling.

    Also, Tim says: not looking at any numbers/statistics/economy, you wouldn't think China's troubles is a problem for iPhone sales (maybe a bit less busy, but not dramatic).

     

    Quote:

    Originally Posted by melgross View Post

     

    Maestri says that sales would have been 7% higher but for currency winds.


    Yes, good point. Also related to Dec guidance.

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  • Reply 75 of 182
    rogifanrogifan Posts: 10,669member
    asdasd wrote: »
    The Q&A is somewhat hostile I think. They are wondering what's going to drive growth post Q1. I'd expect some downgrades tomorrow.

    With Apple the future is always bleak. Wall Street is convinced people will stop buying iPhones. Nothing Apple reports or Tim Cook says will change that opinion.
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  • Reply 76 of 182
    rogifanrogifan Posts: 10,669member
    Stock is now down 30 cents. My guess is it will be down 1-2% tomorrow. Wall Street is convinced iPhone is doomed and there is nothing Apple can report or Tim can say that will change their minds.
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  • Reply 77 of 182
    melgrossmelgross Posts: 33,717member
    Quote:

    Originally Posted by Rogifan View Post





    With Apple the future is always bleak. Wall Street is convinced people will stop buying iPhones. Nothing Apple reports or Tim Cook says will change that opinion.

    To be fair, Last December' quarter, growth was about 30%. If Apple guided 30% for this December quarter, Apple would be up over $20 now.

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  • Reply 78 of 182
    Quote:
    Originally Posted by melgross View Post

     

    To be fair, Last December' quarter, growth was about 30%. If Apple guided 30% for this December quarter, Apple would be up over $20 now.




    I guess Apple has to commit to a deliberate major loss in one quarter to fool the markets into the illusion of massive growth (like Amazon losing 1/2 a billion dollars on their Fire phone, for example). And how difficult would it be for Apple to get into a standalone cloud services, a la Amazon?

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  • Reply 79 of 182
    melgrossmelgross Posts: 33,717member
    Quote:

    Originally Posted by SpamSandwich View Post

     



    I guess Apple has to commit to a deliberate major loss in one quarter to fool the markets into the illusion of massive growth (like Amazon losing 1/2 a billion dollars on their Fire phone, for example).




    I think you guys are overdoing it a bit. Apple's stock went up a lot because sales went up a lot. As sales seem to be flattening, and iPad sales continue to drop a lot, they're going to be wary. Let's try to avoid shrill reasoning for them. 

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  • Reply 80 of 182
    Quote:

    Originally Posted by melgross View Post

     

    To be fair, Last December' quarter, growth was about 30%. If Apple guided 30% for this December quarter, Apple would be up over $20 now.


    As far as iPhone sales are concerned, I believe Apple is very close to limit. Growth has to come from other areas, which can move the needle.

    (Car?)

    Pay/Watch/TV etc. are good but those are peanuts compared to big 3 (iPhone, iPad and Mac).

    Until something big comes on the way, I am guessing it will float in 100-130 range for long period.

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