Apple revenue surges 12% to $52.6B on sales of 46.7M iPhones, 5.4M Macs

2»

Comments

  • Reply 21 of 37
    melgross said:
    Certainly nothing to cry about here. Stock has been moving up between $5.00 and $6.00 after hours, but we'll have to wait until tomorrow to see how that holds up.
    I'm crying... tears of joy!
    chiapscooter63caliwatto_cobra
     4Likes 0Dislikes 0Informatives
  • Reply 22 of 37
    kevin keekevin kee Posts: 1,289member
    The internet had been buzzed with rumor about  "lack of iPhone 8/+ sales " for weeks. Certain News channels also reported the "rumor" right and left, blurring the line between news and fake news. As a result, many people have taken that "rumor" as facts.

    Now that actual number set in, I am afraid the same News channels would try to minimize the fact that they were wrong. Public perception, from what I see and hear, is still that iPhone 8 sales is doom, that no one buy 8/+, that it is a fail product. Sad.
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 23 of 37
    The questions asked on this call were so stupid. No Apple isn’t going to tell you how many iPhone 8’s they’ve sold so far or what pre-order sales for the X are no matter how you ask the question. And no Apple will never disclose product mix so stop asking questions trying to get that answer. And margins? Really? There’s nothing else you can ask about? And there are certain analysts that will do whatever they can to try and find holes in the quarter or guidance because they’re absolutely convinced Apple is doomed and out of ideas numbers be dammed.
    baconstang
     1Like 0Dislikes 0Informatives
  • Reply 24 of 37
    avon b7avon b7 Posts: 8,329member
    asdasd said:
    These Mac figures are always better than the IDC predictions and yet IDC never learns. 

    I think Apple may use the higher ASP on the X to reduce both the price of the  8 and the 7 within a year, it looks like the diversified range works. 
    This makes a lot of sense. To the point of iPhone 8 not having to shore up demand. Apple now has a diversified product range and covers all the needed price points.

    This will also help the services arm grow.
    cali
     1Like 0Dislikes 0Informatives
  • Reply 25 of 37
    kevin keekevin kee Posts: 1,289member
    I am excited with the guidance number for the next quarter. That is one HUGE number.
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 26 of 37
    welshdogwelshdog Posts: 1,929member
    Boy these amazing numbers and the forward guidance really paint a grotesque picture of Tim Cook's incompetence. Must be fired now! Sad.

    /s
    calimagman1979baconstangSpamSandwichwatto_cobrabakedbananas
     5Likes 0Dislikes 1Informative
  • Reply 27 of 37
    fallenjtfallenjt Posts: 4,057member
    welshdog said:
    Boy these amazing numbers and the forward guidance really paint a grotesque picture of Tim Cook's incompetence. Must be fired now! Sad.

    /s
    Are you mocking Sog35?
    magman1979watto_cobra
     2Likes 0Dislikes 0Informatives
  • Reply 28 of 37
    lkrupplkrupp Posts: 10,557member
    welshdog said:
    Boy these amazing numbers and the forward guidance really paint a grotesque picture of Tim Cook's incompetence. Must be fired now! Sad.

    /s
    I’m glad you added the /s because that is exactly what a real troll would say and earnestly believe it. The Troll Army’s RDF puts Steve Jobs’ legendary RDF to shame. They actually believe the tripe they post about Apple. Now that’s really sad.
    edited November 2017
    calimagman1979watto_cobra
     3Likes 0Dislikes 0Informatives
  • Reply 29 of 37
    It was an impressive quarter to be sure, but iPhones are still showing stagnant sales.  Comparative quarter and year-over-year sales are up by about 2.5%.

    Even given Cook's revenue estimates next quarter things don't look all that rosy for the iPhone.  Mac and Services revenue have grown significantly while iPad and Other are up some.  Assuming those areas retain their comparable quarter gains and Cook hits revenue in the middle that would yield approximate iPhone revenue next quarter in the neighborhood of $58 billion compared to $54.4 billion in 12/2016.  While a $3.6 billion increase in revenue is nothing to sneeze at, remember a lot of that increase is expected to come from the higher selling price of the iPhone X compared to prior phones which will likely be a one-time gain.

    I'm going to be surprised if unit sales of the iPhone for next quarter exceed 82 million compared to 12/2016 units of 78.3 million which would only be a 5% growth rate in what has been hailed as the beginning of an upgrade supercycle.

    I'm not anti-Apple by any means.  I think they make great products, they generate a lot of profit, and they will be successful for many years to come.  However, I do believe that the iPhone has peaked and reached market saturation with the iPhone 6.  Sales have been stagnant in the two years since and I don't believe the iPhone X is going to return them to significant market growth.  The reality is to expect long-term revenue growth in the single-digit range for the foreseeable future unless Apple comes out with some new genre-defining product.

    And to head off the "you don't have any vision for the future like Tim Cook does" comments, he is obviously focused on Augmented Reality.  It may or may not be the next big thing, and Apple may or may not be the one to bring it to the masses.  Microsoft, Google, and others are working on it just as diligently.  Until Apple can prove itself as the master of AR beyond what anyone else can do I am going to look at it with the expectation that a multitude of other companies could be just as successful in developing it and drive that type of product into a business model that doesn't have the profit margins Apple enjoys.

    edited November 2017
     0Likes 0Dislikes 0Informatives
  • Reply 30 of 37
    brucemcbrucemc Posts: 1,541member
    78Bandit said:
    It was an impressive quarter to be sure, but iPhones are still showing stagnant sales.  Comparative quarter and year-over-year sales are up by about 2.5%.

    Even given Cook's revenue estimates next quarter things don't look all that rosy for the iPhone.  Mac and Services revenue have grown significantly while iPad and Other are up some.  Assuming those areas retain their comparable quarter gains and Cook hits revenue in the middle that would yield approximate iPhone revenue next quarter in the neighborhood of $58 billion compared to $54.4 billion in 12/2016.  While a $3.6 billion increase in revenue is nothing to sneeze at, remember a lot of that increase is expected to come from the higher selling price of the iPhone X compared to prior phones which will likely be a one-time gain.

    I'm going to be surprised if unit sales of the iPhone for next quarter exceed 82 million compared to 12/2016 units of 78.3 million which would only be a 5% growth rate in what has been hailed as the beginning of an upgrade supercycle.

    I'm not anti-Apple by any means.  I think they make great products, they generate a lot of profit, and they will be successful for many years to come.  However, I do believe that the iPhone has peaked and reached market saturation with the iPhone 6.  Sales have been stagnant in the two years since and I don't believe the iPhone X is going to return them to significant market growth.  The reality is to expect long-term revenue growth in the single-digit range for the foreseeable future unless Apple comes out with some new genre-defining product.

    And to head off the "you don't have any vision for the future like Tim Cook does" comments, he is obviously focused on Augmented Reality.  It may or may not be the next big thing, and Apple may or may not be the one to bring it to the masses.  Microsoft, Google, and others are working on it just as diligently.  Until Apple can prove itself as the master of AR beyond what anyone else can do I am going to look at it with the expectation that a multitude of other companies could be just as successful in developing it and drive that type of product into a business model that doesn't have the profit margins Apple enjoys.
    Your comment is not "anti-Apple", but I think you guilty of grading Apple on a curve (to quote Neil Cybart), in that you are skeptical of what Apple can do while simultaneously giving other companies the benefit of the doubt.  Any company might do it, but Apple has to prove it to you.  And this is despite the long history of Apple's successes (and growing success) in the computing and consumer electronics industries.  Neither Google nor Microsoft have a great history with hardware / consumer physical products (MS better than Google) - yet you would consider each as likely or more than Apple to be successful in this area in the future.

    Yes, the iPhone "unit sales" are slowing, although low single digit growth on average over the next number of years is feasible.  Don't forget that Apple is still growing the installed base of iPhones (even with flat YoY sales), with an estimated 800M iPhone users currently.  Flagship to flagship comparison, Apple has increased their lead over their Android competitors with iPhone X.

    And beyond the iPhone.  Well, they are the leading company in the emerging category of wearables, which is seeing some sizeable growth.  Together with ever growing services, and the slight growth in the combined iPad & Mac computing segments, Apple is growing these other areas combined faster than the iPhone.  AR glasses would be a wearable category, where Apple is now the clear leader.

    Finally, I would argue that, as it pertains to consumer AR on its own, Apple already has a lead.  Hundreds of millions of devices using it now, in fact.
    calinetmagewatto_cobra
     3Likes 0Dislikes 0Informatives
  • Reply 31 of 37
    78Bandit said:
    It was an impressive quarter to be sure, but iPhones are still showing stagnant sales.  Comparative quarter and year-over-year sales are up by about 2.5%.


    BUZZKILL.
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 32 of 37
    calicali Posts: 3,494member
    AppleInsider please unban Sog and let him have his day!!

    Every Apple category saw growth.
    OMG this needs to be front page of every tech site.

    Services.... There was someone on this site who I will not name(wasn't SOG), who a few years back said hardware sales must have been bad because Cook kept referring to services, a category that isn't a main driver for Apple.
    Years later and it all makes sense. Apple wans't hiding "bad" sales but was very honest and meant it when they said services will be a driving force to their future along with hardware.
    baconstangwatto_cobra
     2Likes 0Dislikes 0Informatives
  • Reply 33 of 37
    19831983 Posts: 1,225member
    Well I must admit I'm a little surprised. Got sucked into all the doom and gloom pertaining to stalled iPhone 8 sales due to everybody waiting for the X...and it all turned out to be BS! The iPhone 8 series did better than the 7 from last year apparently. And I'm one of those customers! Have had my 8 Plus for a few weeks now. Overall a great phone so far...with the exception of the muffled audio coming out of the ear piece when taking calls, seemingly narrower viewing angles on the LCD as compared to my 5S and terrible low-light performance with video. The latter really surprised me! Distracting visible noise from arms-length! My old 5S videos in low-light are virtually noise free by comparison at the same resolution and frame-rate. Oh and a lot of visible reflection points when shooting video too. I counted one on my old 5S, but at leat half a dozen on the 8 Plus! This new camera doesn't seem to have very good anti-reflective coatings or something...
    edited November 2017
     0Likes 0Dislikes 0Informatives
  • Reply 34 of 37
    MacPromacpro Posts: 19,873member
    1983 said:
    Well I must admit I'm a little surprised. Got sucked into all the doom and gloom pertaining to stalled iPhone 8 sales due to everybody waiting for the X...and it all turned out to be BS! The iPhone 8 series did better than the 7 from last year apparently. And I'm one of those customers! Have had my 8 Plus for a few weeks now. Overall a great phone so far...with the exception of the muffled audio coming out of the ear piece when taking calls, seemingly narrower viewing angles on the LCD as compared to my 5S and terrible low-light performance with video. The latter really surprised me! Distracting visible noise from arms-length! My old 5S videos in low-light are virtually noise free by comparison at the same resolution and frame-rate. Oh and a lot of visible reflection points when shooting video too. I counted one on my old 5S, but at leat half a dozen on the 8 Plus! This new camera doesn't seem to have very good anti-reflective coatings or something...
     I jumped for a 7 Plus after years with an iPhone 5s.  I don't use a phone much as I like an EVF for photography and I never answer a phone call lol.  The 7 Plus was a bargain once the 8 came out.  I am blown away by everything about the 7 Plus especially the video which is far and away better than the 5s.  Maybe you had an exceptional 5s?
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 35 of 37
    MacPromacpro Posts: 19,873member

    cali said:
    AppleInsider please unban Sog and let him have his day!!

    Every Apple category saw growth.
    OMG this needs to be front page of every tech site.

    Services.... There was someone on this site who I will not name(wasn't SOG), who a few years back said hardware sales must have been bad because Cook kept referring to services, a category that isn't a main driver for Apple.
    Years later and it all makes sense. Apple wans't hiding "bad" sales but was very honest and meant it when they said services will be a driving force to their future along with hardware.
    Even the Verge managed positive articles!  
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 36 of 37
    From strength to strength.

    Nice to see Mac sales on the higher side, too.
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 37 of 37
    asdasdasdasd Posts: 5,686member
    eightzero said:
    asdasd said:


    I think Apple may use the higher ASP on the X to reduce both the price of the  8 and the 7 within a year, it looks like the diversified range works. 
    Indeed. A year from now, the iPhone X will still be a great phone. And I'm guessing it will be available for less quid.

    Ponder this: at some point in the future, will the add a iPhoneSE with the X design?
    I think it will have a cheaper model at the size of the 6 at least, to begin with. Not called the six though. It may even keep the SE nomenclature. A cheap iOS device with a big screen would be huge in Asia. 
    watto_cobra
     1Like 0Dislikes 0Informatives
Sign In or Register to comment.