EPS is only up because they retired shares, net revenue didn't change at all year over year. Apple stock is now virtually the same as IBM and MSFT. EPS growth will be manufactured by buying back shares, increase the dividend, and slowly move the stock price up.
Certainly not the worst scenario, but should be enough to get Cook fired unless Apple is happy treading water.
But my guess is we'll be treated to another year of Cook talking about all the great things in the pipeline which never seem to materialize.
Who would be a better fit at Apple then? And don't just say anyone would. How about a name. Apple will never be the same as when Steve was running the company. That doesn't mean that Tim sucks as a CEO, but if you're looking for another Steve Jobs you won't find one so you might as well sell your stock now if thats what you're thinking. And BTW...Tim was running the company even when Apple was doing well, and Steve was still here.
What products aren't materializing? Is it AppleTV? Even Steve Jobs didn't get that out the door and he has been trying for ages to get it out the door.
Why do people say Time was running the company when Steve was there? Are they talking about the last few months? Not much of an argument.
Also since this is the "notes of interest" story, did they say anything about the Apple TV and sales?
Because there were a few times when Tim was running Apple. It wasn't just the last few months before Steve's death.
What I don't get is how some people are fully against Tim Cook, like they thought he would be the next Steve Jobs. IMO, you'll never find another Steve Jobs and Apple CAN function without Steve Jobs. Its doing so right now with record sales of nearly everything and some of the highest profits its ever had. If Tim isn't doing a very good job then why is Apple having $13 Billion profits? Why are reporting record sales of their products in a time where other retailers are struggling to report sales and profits that met last years.
Ask yourself this question, if Steve were still running Apple and they reported the same results and guidance, would it be time for Steve to leave? Would there be this rage against Steve Jobs like there is Tim Cook? I bet people like tkell31 wouldn't be here ranting on about how much Steve Jobs sucks and should be forced out at Apple. And yes, I know he's not so don't reply back and say this is irrelevant. Thats not the point I was trying to make.
Ah yes the typical Amazon spin, that they could be profitable but just choose not to be - for 17 years! How many other companies could get away with not showing profits for so many years? I mean it's not like other companies don't spend on R&D, market expansion, etc. To hear Amazon defenders talk you'd think there's no company like them ever in the history of corporations.
I am not an Amazon "defender", but from your very own words, it is absolutely true that there has never been a company like Amazon -- who has been willing to not make any money for decades to feed their plan of world domination, whole being accepted by the investment community (and making the founder and many of the employees very wealthy people). Again, this is not a value judgement, just a fact (and no, I don't own amazon stock, and yes, I buy 80% of my consumer goods from them).
Well, AMZN quarterly revenue growth (all numbers year/on/year) is 23.8%, apple's is 4.2%, while Apple's earnings growth is -8.8%. Walmart's quarterly revenue growth is 1.7%, earnings growth is 2.8%. So, while AMZN's P/E ratio is certainly not very attractive, you will admit that it is a more compelling growth story than either Apple or Walmart. If AMZN can sustain these numbers, it will overtake Walmart in 15 years, but really much sooner, since it will eat up WMT's market share as it is growing. So, if you don't like it don't buy it (I don't), but there is certainly a growth story there (and notice that growing at this rate is quite impressive for a fifteen year old company).
Once again, your numbers bear no relation to reality.
No, Apple's revenue is increasing, as you know, little liar.
First, you haven't earned the right to condescend to anyone. Second:
I meant earnings, actually (revenues are creeping up at around 1% a year when adjusted for inflation, not what I would call robust growth) here is an analysis from a post by sog35:
I'm talking about EPS. Last 4 quarters including 12.31.13 Qtr:14.50 - 12.31.138.26 - 09.30.137.47 -06.30.1310.09 - 03.31.13 Total = 40.32 Previous 4 Qtrs13.81 - 12.31.128.67 - 09.30.129.32 - 06.30.1212.30 - 03.31.12 Total = 44.10 Calender year 2012 EPS = 44.10Calender year 2013 EPS = 40.32Profit decline = 8.57% And if you take the buyback into consideration (Apple has bought back about 5%) then its down about 10%
Comments
EPS is only up because they retired shares, net revenue didn't change at all year over year. Apple stock is now virtually the same as IBM and MSFT. EPS growth will be manufactured by buying back shares, increase the dividend, and slowly move the stock price up.
Certainly not the worst scenario, but should be enough to get Cook fired unless Apple is happy treading water.
But my guess is we'll be treated to another year of Cook talking about all the great things in the pipeline which never seem to materialize.
Who would be a better fit at Apple then? And don't just say anyone would. How about a name. Apple will never be the same as when Steve was running the company. That doesn't mean that Tim sucks as a CEO, but if you're looking for another Steve Jobs you won't find one so you might as well sell your stock now if thats what you're thinking. And BTW...Tim was running the company even when Apple was doing well, and Steve was still here.
What products aren't materializing? Is it AppleTV? Even Steve Jobs didn't get that out the door and he has been trying for ages to get it out the door.
Also since this is the "notes of interest" story, did they say anything about the Apple TV and sales?
Why do people say Time was running the company when Steve was there? Are they talking about the last few months? Not much of an argument.
Also since this is the "notes of interest" story, did they say anything about the Apple TV and sales?
Because there were a few times when Tim was running Apple. It wasn't just the last few months before Steve's death.
What I don't get is how some people are fully against Tim Cook, like they thought he would be the next Steve Jobs. IMO, you'll never find another Steve Jobs and Apple CAN function without Steve Jobs. Its doing so right now with record sales of nearly everything and some of the highest profits its ever had. If Tim isn't doing a very good job then why is Apple having $13 Billion profits? Why are reporting record sales of their products in a time where other retailers are struggling to report sales and profits that met last years.
Ask yourself this question, if Steve were still running Apple and they reported the same results and guidance, would it be time for Steve to leave? Would there be this rage against Steve Jobs like there is Tim Cook? I bet people like tkell31 wouldn't be here ranting on about how much Steve Jobs sucks and should be forced out at Apple. And yes, I know he's not so don't reply back and say this is irrelevant. Thats not the point I was trying to make.
Ah yes the typical Amazon spin, that they could be profitable but just choose not to be - for 17 years! How many other companies could get away with not showing profits for so many years? I mean it's not like other companies don't spend on R&D, market expansion, etc. To hear Amazon defenders talk you'd think there's no company like them ever in the history of corporations.
I am not an Amazon "defender", but from your very own words, it is absolutely true that there has never been a company like Amazon -- who has been willing to not make any money for decades to feed their plan of world domination, whole being accepted by the investment community (and making the founder and many of the employees very wealthy people). Again, this is not a value judgement, just a fact (and no, I don't own amazon stock, and yes, I buy 80% of my consumer goods from them).
Because he ran the company in a large sense from 2009 to 2011 while Steve had cancer and ran it as CEO as far back as 2004.
Every time Tim Cook uses the word ‘incredible’, the stock seems to drop 10 points.
I agree.
"Insanely great" would be much better than "incredible."
Shut up and go away.
No, Apple's revenue is increasing, as you know.
Once again, your numbers bear no relation to reality.
Seems accurate to me.
Is it too late to ask TS to play nicely? Probably.
Amazon's revenue growth was 20.3%, not 23.8%. Apple's revenue growth was 6%, not 4.2%. Not accurate, asdasd.
Once again, your numbers bear no relation to reality.
Yahoo! Finance begs to disagree.
No, Apple's revenue is increasing, as you know, little liar.
First, you haven't earned the right to condescend to anyone. Second:
I meant earnings, actually (revenues are creeping up at around 1% a year when adjusted for inflation, not what I would call robust growth) here is an analysis from a post by sog35:
I'm talking about EPS. Last 4 quarters including 12.31.13 Qtr:14.50 - 12.31.138.26 - 09.30.137.47 -06.30.1310.09 - 03.31.13 Total = 40.32 Previous 4 Qtrs13.81 - 12.31.128.67 - 09.30.129.32 - 06.30.1212.30 - 03.31.12 Total = 44.10 Calender year 2012 EPS = 44.10Calender year 2013 EPS = 40.32Profit decline = 8.57% And if you take the buyback into consideration (Apple has bought back about 5%) then its down about 10%