Apple reports best June quarter ever with $53.3B in revenue on 41.3M iPhone sales

245

Comments

  • Reply 21 of 87
    Solisoli Posts: 10,038member
    Apple Watch clearly doing very well. 
    I'd love for them to break it out into its own category if it would help with marketing. I bought the Series 3 Watch with cellular last year but didn't update my iPhone 7 Plus. This year, I'm more likely to get a new Watch (like a larger display in the same casing, and especially if it has microLED display with increased battery life) while still sticking with my iPhone 7 Plus. I've only ever kept an iPhone for more than a year on one occasion (the iPhone 5s), but never for 2 full years. The Watch is just a whole lot more important to me at this point.
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 22 of 87
    carnegiecarnegie Posts: 1,085member
    Brilliant performance. Kudos to Cook and team.

    AAPL a mere $25B from $1 trillion.
    And AAPL so far in after hours trading has peaked at $196.21... $200 is looking tantalizingly close.
    I think $198.90 is the magic number. Although it should be a no-brainer, it may be tough to achieve.
    It would be $203.46 based on the last outstanding share count we got. But as of tomorrow we'll have a more current outstanding share count which will likely mean the share price needs to be a little higher.
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 23 of 87
    SpamSandwichspamsandwich Posts: 33,407member
    Mama mia! $197.10!


    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 24 of 87
    carnegiecarnegie Posts: 1,085member
    Mr. Cook said that wearables did over $10 billion over the last 12 months. That would be more than 60% of the Other category over that time.
    SpamSandwichwatto_cobraclaire1
     3Likes 0Dislikes 0Informatives
  • Reply 25 of 87
    avon b7avon b7 Posts: 8,327member
    Not only is it their best ever Q3, but their guidance for Q4 will also be another record ($60-$62 billion guidance vs $52.6 billion record). That's $8-10 billion MORE than their best ever Q4 in history.

    Doomed....
    I think that is the big takeaway here. iPhone is still flat but that guidance is very high. Something is in the pipe that will give them a boost and I doubt it's a LaserWriter update.
     0Likes 0Dislikes 0Informatives
  • Reply 26 of 87
    Solisoli Posts: 10,038member
    Mama mia! $197.10!


    As of this posting it's at 3.84% after-hours. At 4.551% it hits the $1T milestone.
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 27 of 87
    Mike Wuerthelemike wuerthele Posts: 7,194administrator
    k2kw said:
    wood1208 said:
    MAC sales down in last quarter and will continue down because Apple didn't release Function Keys Macbook Pro.
    This is not why, and this is not what's going to happen to Mac sales.

    A MAC is something else entirely.
    Looking at the graph the last quarter were the fewest sold in 6 years (and this is the best economy in US in 10 years) and the lowest Revenue in atleast two years.   Seems like the desperately need to get new computers out.

    Mac sales appear stagnant to slightly down last 4 years.
    You mean like the MacBook Pro in this quarter?
    SpamSandwichSoliwatto_cobra
     3Likes 0Dislikes 0Informatives
  • Reply 28 of 87
    melgrossmelgross Posts: 33,717member
    Brilliant performance. Kudos to Cook and team.

    AAPL a mere $25B from $1 trillion.
    Unless they buy more stock back.

    I do like their retiring all of that debt this quarter. I’d rather they did more of that, and less stock buybacks.
    edited July 2018
     0Likes 0Dislikes 0Informatives
  • Reply 29 of 87
    SpamSandwichspamsandwich Posts: 33,407member
    melgross said:
    Brilliant performance. Kudos to Cook and team.

    AAPL a mere $25B from $1 trillion.
    Unless they buy more stock back.
    Which is very likely.
     0Likes 0Dislikes 0Informatives
  • Reply 30 of 87
    dewmedewme Posts: 6,102member
    Apple's tiny AirPods are turning in mighty big numbers and the demand still exceeds supply. After using them for over a year I now know why.
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 31 of 87
    melgrossmelgross Posts: 33,717member

    Brilliant performance. Kudos to Cook and team.

    AAPL a mere $25B from $1 trillion.
    It was a great quarter no doubt but iPhone sales were essentially flat. I’m not sure how much more they can raise the price so they’re going to really have to ramp up services revenue even more,
    It was up a few percent. With the overall smartphone market down by, I think, 2.4%, that was pretty good. I just hope that Mac sales will recover next quarter, and the one after. A decline of 13% is large, no matter what the reason. iPad sales up only 1% YoY didn’t thrill me either. I’m concerned that iPad sales are showing less unit growth each quarter. Did the $329 model just give a temporary burst? i understand that the pro was updated last June, and this year, we’re still waiting. They are likely looking at that very closely.
    edited July 2018
    Rayz2016watto_cobra
     2Likes 0Dislikes 0Informatives
  • Reply 32 of 87
    melgrossmelgross Posts: 33,717member
    macxpress said:
    k2kw said:
    wood1208 said:
    MAC sales down in last quarter and will continue down because Apple didn't release Function Keys Macbook Pro.
    This is not why, and this is not what's going to happen to Mac sales.

    A MAC is something else entirely.
    Looking at the graph the last quarter were the fewest sold in 6 years (and this is the best economy in US in 10 years) and the lowest Revenue in atleast two years.   Seems like the desperately need to get new computers out.

    Mac sales appear stagnant to slightly down last 4 years.
    And what will be your excuse when it doesn't raise Mac sales YoY? Now will it be, if Apple would have just done XYZ then they would have sold more. 
    As mentioned in the conference call, which I’m listening to now, the fact that the Macbook Pro was released so late, as opposed to last year, is being given as part of the reason for lower sales. Hopefully we will se uptake this quarter, and hopefully, the quarter after will see newer models in other lines, increasing sales there.
    edited July 2018
    watto_cobraclaire1
     2Likes 0Dislikes 0Informatives
  • Reply 33 of 87
    SpamSandwichspamsandwich Posts: 33,407member
    melgross said:

    Brilliant performance. Kudos to Cook and team.

    AAPL a mere $25B from $1 trillion.
    It was a great quarter no doubt but iPhone sales were essentially flat. I’m not sure how much more they can raise the price so they’re going to really have to ramp up services revenue even more,
    It was up a few percent. With the overall smartphone market down by, I think, 2.4%, that was pretty good. I just hope that Mac sales will recover next quarter, and the one after. A decline of 13% is large, no matter what the reason. iPad sales up only 1% YoY didn’t thrill me either. I’m concerned that iPad sales are showing less unit growth each quarter. Did the $329 model just give a temporary burst? i understand that the pro was updated last June, and this year, we’re still waiting. They are likely looking at that very closely.
    I think it may be possible at some point for Apple to make smaller margins on the hardware, yet continue to see improved margins based on subscriptions and other digital services. This would further shut out Android and ensure continual growth for demand of services.
    edited July 2018
    claire1
     1Like 0Dislikes 0Informatives
  • Reply 34 of 87
    rogifan_newrogifan_new Posts: 4,297member
    avon b7 said:
    Not only is it their best ever Q3, but their guidance for Q4 will also be another record ($60-$62 billion guidance vs $52.6 billion record). That's $8-10 billion MORE than their best ever Q4 in history.

    Doomed....
    I think that is the big takeaway here. iPhone is still flat but that guidance is very high. Something is in the pipe that will give them a boost and I doubt it's a LaserWriter update.
    An iPhone X Plus that they can sell for even more $$$.
     0Likes 0Dislikes 0Informatives
  • Reply 35 of 87
    fallenjtfallenjt Posts: 4,057member
    eightzero said:
    AAPL again made a metric fucktonne of money, and afterhours trading is going apeshit.

    Doomed.
    Yeah $197 now...
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 36 of 87
    rogifan_newrogifan_new Posts: 4,297member

    melgross said:

    Brilliant performance. Kudos to Cook and team.

    AAPL a mere $25B from $1 trillion.
    It was a great quarter no doubt but iPhone sales were essentially flat. I’m not sure how much more they can raise the price so they’re going to really have to ramp up services revenue even more,
    It was up a few percent. With the overall smartphone market down by, I think, 2.4%, that was pretty good. I just hope that Mac sales will recover next quarter, and the one after. A decline of 13% is large, no matter what the reason. iPad sales up only 1% YoY didn’t thrill me either. I’m concerned that iPad sales are showing less unit growth each quarter. Did the $329 model just give a temporary burst? i understand that the pro was updated last June, and this year, we’re still waiting. They are likely looking at that very closely.
    According to Apple’s summary PDF both iPhone and iPad units were up 1%. I would consider that essentially flat. Cook did hint at services pipeline. I’m guessing that’s their original TV programming and I won’t be surprised if they announce a news/magazine subscription service. Maybe they’ll offer a bundle for all their different services which would be slightly cheaper than buying all of them individually.
     0Likes 0Dislikes 0Informatives
  • Reply 37 of 87
    rogifan_newrogifan_new Posts: 4,297member

    dewme said:
    Apple's tiny AirPods are turning in mighty big numbers and the demand still exceeds supply. After using them for over a year I now know why.
    How do they fit in your ears? Do you miss not having a strap for if you wanted to take them out and just wear them around your neck. I do that with my JBL wireless all the time. I would really miss not having that.
     0Likes 0Dislikes 0Informatives
  • Reply 38 of 87
    eightzeroeightzero Posts: 3,209member
    dewme said:
    Apple's tiny AirPods are turning in mighty big numbers and the demand still exceeds supply. After using them for over a year I now know why.
    Apple could make a very funny commercial knocking off that Samesung commercial with the guy grimacing at the lightning adapter dongle: have an AirPod user grimace at a Samesung cord. But of course, Apple rightfully avoids this approach.

    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 39 of 87
    melgrossmelgross Posts: 33,717member
    melgross said:

    Brilliant performance. Kudos to Cook and team.

    AAPL a mere $25B from $1 trillion.
    It was a great quarter no doubt but iPhone sales were essentially flat. I’m not sure how much more they can raise the price so they’re going to really have to ramp up services revenue even more,
    It was up a few percent. With the overall smartphone market down by, I think, 2.4%, that was pretty good. I just hope that Mac sales will recover next quarter, and the one after. A decline of 13% is large, no matter what the reason. iPad sales up only 1% YoY didn’t thrill me either. I’m concerned that iPad sales are showing less unit growth each quarter. Did the $329 model just give a temporary burst? i understand that the pro was updated last June, and this year, we’re still waiting. They are likely looking at that very closely.
    I think it may be possible at some point for Apple to make smaller margins on the hardware, yet continue to see improved margins based on subscriptions and other digital services. This would further shut out Android and ensure continual growth for demand of services.
    It’s pretty clear that with another over 30% growth in services, a number much larger than the growth in hardware, that Apple is doing very well in capturing what is very often a reoccurring income. They said that they have 300 million subscriptions, up a lot over last year, over 30%.

    what I like seeing is that the iPhone is providing less of a percentage of Apple’s sales from a dollar perspective. I’d like to see it under 50%. Even though it’s called that, it’s not just a phone company.
    SpamSandwichclaire1
     2Likes 0Dislikes 0Informatives
  • Reply 40 of 87

    dewme said:
    Apple's tiny AirPods are turning in mighty big numbers and the demand still exceeds supply. After using them for over a year I now know why.
    How do they fit in your ears? Do you miss not having a strap for if you wanted to take them out and just wear them around your neck. I do that with my JBL wireless all the time. I would really miss not having that.
    Mine fit great. Can just leave them in and forget them, no need to take them out. I can hear perfectly well with them in, and they're so light. Never had one fall out. The auto pausing is great too.
    watto_cobra
     1Like 0Dislikes 0Informatives
Sign In or Register to comment.