Ha, if you go to Yahoo Finance and just look at the headlines for Apple you would expect the stock to be way up after hours. "Apple beat estimates" "issues healthy forecast" "iPhone demand surging in China" etc. Yet the stock is flat.
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.
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.
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.
The watch could move the needle. It's not that cheap and has good margins. A new iPhone could move the needle. The tick cycle seems to do better than the tock
Yet not one question on the conference call was about iPads. So I don't buy that. Again I think Wall Street is convinced Apple played its last card with iPhone (larger screen) and there's no growth left.
Yes I think so. Apples guidance didn't help. That said the iPad weighs on those yoy results as well as the much maligned currency headwinds. If Apple has factored in 20% yoy declines in iPad sales in the next Q then the iPhone sales will be fairly substantial.
Sales are up almost a quarter YoY- sorry, but how the hell do you see that as "flattening", especially for a company that sells hundreds of millions of devices a year and is worth almost a trillion dollars? There's nothing "flat" about any of their numbers. Apple is the only company on earth that is EXPECTED to crush all their previous records every quarter, and even when they do, it's like "meh, I guess they'll survive another few months", and people like you that define sales as "flat".
Yeah, like Google? Except for that additional $60+ billion in annual revenue apart from the iPhone. But let's not count that. Which, by the way, is about equal to Google's entire annual revenue. And growing faster. So, wait, shouldn't the $60+ billon part of Apple be valued at Google's market cap, of about $500 billon? Riddle me that, Batman?
Ok. It doesn't matter how Apple did LAST year. Stock prices depend on what it's thought the company will do in the NEXT year.
Yeah, but the NEXT year ALWAYS exceeds the expectations- but then THAT year doesn't matter anymore. Don't you see how fucked up that is?
"Apple did amazing, but they're doomed next year, that's why the stock is shit".
The following year, Apple crushes it again.
"Apple did amazing, but they're doomed next year, that's why the stock is shit".
The following year, Apple crushes it again.
"Apple did amazing, but they're doomed next year, that's why the stock is shit".
Yet, people like you keep repeating the "it's next year that matters" garbage. So, when does Apple ever "win", if once the real results are out, those numbers have no effect on stock?
Yeah, like Google? Except for that additional $60+ billion in annual revenue apart from the iPhone. But let's not count that. Which, by the way, is about equal to Google's entire annual revenue. And growing faster. So, wait, shouldn't the $60+ billon part of Apple be valued at Google's market cap, of about $500 billon? Riddle me that, Batman?
Apple is nearly a one trick pony. 60% or 70% of income is derived from one product. Google is into many items that benefit consumers at no or very little cost. Not certain how you determine the extra $60 billion in income as making Apple more diversified.
Don't care what WallStreet thinks. They're a bunch of monkeys anyway. Isn't going to make any difference in how Apple is run (hopefully Tim doesn't really pay attention to those clowns).
Apple is doing well financially, but from a real business point of view (as in practical product manufacturing and user adoption) there are some concerns, including the misses with 16GB iPhones, new AppleTVs without 4k support, iMacs with 5400rpm drives, neutering the Mac mini, no updates to MacPro in years (again), no dedicated GPUs in MacBook Pros (except a single model at the highest end), etc.
And the significant slide in iPad sales is a very real concern too. I think that can be attributed to a lack of updates/new features (same iPad Air 2 anyone?), but also more importantly is that there has been no real progress on making iOS content CREATION friendly. You can't continue to hide the file system and provide effectively no I/O on the device (among other things) and have the iPad taken seriously as a real tool for real work.
While I don't care what WallStreet thinks, these very real real-world issues probably are reflected in their stock valuation.
Well, I think iPhone 7 will start at 32, and I hope so! The ?TV
Is its first update in years, it may become a yearly or bi-yearly
(If that is even a word) cycle. So new features might get added
Faster then they have been, and what is not to say that Apple
Isn't working on the Mac and pro lines. Oh yeah and the pro is
Soon to be out ????. They can't put everything out at ones,
There always has to be a hidden ace for when you need it.
Or something like that.
I'm curious did anyone on Google or Microsoft or Amazon earnings call ask them about March 2016 quarter? Cook was asked that tonight which he said obviously Apple does not provide guidance two quarters out.
Add me next fiscal quarter for revenue contributions. Just bought the new top-of-the-line 5K 27" iMac last night with the 64GB RAM option from OWC, a 1TB SSD and the Pegasus R6 12TB Thunderbolt array to top it all off. It was finally time to replace my trusty/aging 2009 iMac that has faithfully hummed-away for me.
I've said it before and I'll say it again I can't wait until Apple goes back to being Apple, Inc. instead of iPhone, Inc. Every single question on this conference call was about iPhone and the premise of every single question was negative gloomy and bleak. As long as Apple is all about iPhone ans Wall Street believes iPhone growth is over the stock will go nowhere.
Don't care what WallStreet thinks. They're a bunch of monkeys anyway. Isn't going to make any difference in how Apple is run (hopefully Tim doesn't really pay attention to those clowns).
Apple is doing well financially, but from a real business point of view (as in practical product manufacturing and user adoption) there are some concerns, including the misses with 16GB iPhones, new AppleTVs without 4k support, iMacs with 5400rpm drives, neutering the Mac mini, no updates to MacPro in years (again), no dedicated GPUs in MacBook Pros (except a single model at the highest end), etc.
And the significant slide in iPad sales is a very real concern too. I think that can be attributed to a lack of updates/new features (same iPad Air 2 anyone?), but also more importantly is that there has been no real progress on making iOS content CREATION friendly. You can't continue to hide the file system and provide effectively no I/O on the device (among other things) and have the iPad taken seriously as a real tool for real work.
While I don't care what WallStreet thinks, these very real real-world issues probably are reflected in their stock valuation.
The stock valuation isn't based on subtle issues. In fact, perhaps Apple should just give out a lot less information, so there's some hope people will understand. "Earnings per share up 38% year over year. Prospects for next year even better." Done.
The problem with doomsayers is that they're never wrong. They're just not right yet, and they never change their tune.
I've said it before and I'll say it again I can't wait until Apple goes back to being Apple, Inc. instead of iPhone, Inc. Every single question on this conference call was about iPhone and the premise of every single question was negative gloomy and bleak. As long as Apple is all about iPhone ans Wall Street believes iPhone growth is over the stock will go nowhere.
iPhone sales make up the majority of their revenue, so that's what interests them.
I've said it before and I'll say it again I can't wait until Apple goes back to being Apple, Inc. instead of iPhone, Inc. Every single question on this conference call was about iPhone and the premise of every single question was negative gloomy and bleak. As long as Apple is all about iPhone ans Wall Street believes iPhone growth is over the stock will go nowhere.
That's like saying, a few years ago, "I can't wait until MicroSoft is no longer about Windows and Office." There is no market like the smartphone market. In third world countries, smartphones are more important than indoor plumbing. Apple owns over 90% of the profits in that market, and the market's still got a long ways to go. If you include iPad, Apple currently makes over 75% of all profits in the PC hardware business, and that is ignored, because the cell phone market is 10x larger.
Comments
And profits per share up 38% year over year. Doomed.
Ok. It doesn't matter how Apple did LAST year. Stock prices depend on what it's thought the company will do in the NEXT year.
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.
Yep.
This.
No $150 for Sog. Good bye.
Sog is busy selling call options and buying put options
They are suppose to be neutral, yet they are not.
Wall Street morons as well as most google-paid-bloggers are working on it ...
The watch could move the needle. It's not that cheap and has good margins. A new iPhone could move the needle. The tick cycle seems to do better than the tock
Yes I think so. Apples guidance didn't help. That said the iPad weighs on those yoy results as well as the much maligned currency headwinds. If Apple has factored in 20% yoy declines in iPad sales in the next Q then the iPhone sales will be fairly substantial.
Guidance.
They are suppose to be neutral, yet they are not.
And you know this because, they don't say only the greatest things about your favorite brand?
@d_leecarter:
Q: So will iPhone be up next qtr?
Tim: Yes
Q: But what about units?
Tim: Yes
Q: But what about the Mar qtr?
Tim: Please stop
Ok. It doesn't matter how Apple did LAST year. Stock prices depend on what it's thought the company will do in the NEXT year.
Yeah, but the NEXT year ALWAYS exceeds the expectations- but then THAT year doesn't matter anymore. Don't you see how fucked up that is?
"Apple did amazing, but they're doomed next year, that's why the stock is shit".
The following year, Apple crushes it again.
"Apple did amazing, but they're doomed next year, that's why the stock is shit".
The following year, Apple crushes it again.
"Apple did amazing, but they're doomed next year, that's why the stock is shit".
Yet, people like you keep repeating the "it's next year that matters" garbage. So, when does Apple ever "win", if once the real results are out, those numbers have no effect on stock?
Apple is nearly a one trick pony. 60% or 70% of income is derived from one product. Google is into many items that benefit consumers at no or very little cost. Not certain how you determine the extra $60 billion in income as making Apple more diversified.
Well, I think iPhone 7 will start at 32, and I hope so! The ?TV
Is its first update in years, it may become a yearly or bi-yearly
(If that is even a word) cycle. So new features might get added
Faster then they have been, and what is not to say that Apple
Isn't working on the Mac and pro lines. Oh yeah and the pro is
Soon to be out ????. They can't put everything out at ones,
There always has to be a hidden ace for when you need it.
Or something like that.
Yeah, but the NEXT year ALWAYS exceeds the expectations- but then THAT year doesn't matter anymore...
Being too open and forthcoming with Wall Street definitely has its disadvantages.
I'm curious did anyone on Google or Microsoft or Amazon earnings call ask them about March 2016 quarter? Cook was asked that tonight which he said obviously Apple does not provide guidance two quarters out.
Add me next fiscal quarter for revenue contributions. Just bought the new top-of-the-line 5K 27" iMac last night with the 64GB RAM option from OWC, a 1TB SSD and the Pegasus R6 12TB Thunderbolt array to top it all off. It was finally time to replace my trusty/aging 2009 iMac that has faithfully hummed-away for me.
Christmas came early for me. WooHoo!!
Don't care what WallStreet thinks. They're a bunch of monkeys anyway. Isn't going to make any difference in how Apple is run (hopefully Tim doesn't really pay attention to those clowns).
Apple is doing well financially, but from a real business point of view (as in practical product manufacturing and user adoption) there are some concerns, including the misses with 16GB iPhones, new AppleTVs without 4k support, iMacs with 5400rpm drives, neutering the Mac mini, no updates to MacPro in years (again), no dedicated GPUs in MacBook Pros (except a single model at the highest end), etc.
And the significant slide in iPad sales is a very real concern too. I think that can be attributed to a lack of updates/new features (same iPad Air 2 anyone?), but also more importantly is that there has been no real progress on making iOS content CREATION friendly. You can't continue to hide the file system and provide effectively no I/O on the device (among other things) and have the iPad taken seriously as a real tool for real work.
While I don't care what WallStreet thinks, these very real real-world issues probably are reflected in their stock valuation.
The stock valuation isn't based on subtle issues. In fact, perhaps Apple should just give out a lot less information, so there's some hope people will understand. "Earnings per share up 38% year over year. Prospects for next year even better." Done.
The problem with doomsayers is that they're never wrong. They're just not right yet, and they never change their tune.
I've said it before and I'll say it again I can't wait until Apple goes back to being Apple, Inc. instead of iPhone, Inc. Every single question on this conference call was about iPhone and the premise of every single question was negative gloomy and bleak. As long as Apple is all about iPhone ans Wall Street believes iPhone growth is over the stock will go nowhere.
iPhone sales make up the majority of their revenue, so that's what interests them.
I've said it before and I'll say it again I can't wait until Apple goes back to being Apple, Inc. instead of iPhone, Inc. Every single question on this conference call was about iPhone and the premise of every single question was negative gloomy and bleak. As long as Apple is all about iPhone ans Wall Street believes iPhone growth is over the stock will go nowhere.
That's like saying, a few years ago, "I can't wait until MicroSoft is no longer about Windows and Office." There is no market like the smartphone market. In third world countries, smartphones are more important than indoor plumbing. Apple owns over 90% of the profits in that market, and the market's still got a long ways to go. If you include iPad, Apple currently makes over 75% of all profits in the PC hardware business, and that is ignored, because the cell phone market is 10x larger.